Retirement plan

JEEP CORPORATION - UAW RETIREMENT INCOME PLAN

FCA US LLC CIMS 485-08-64EIN 27-0187394Plan #043PY 2015
1000 CHRYSLER DRIVE - AUBURN HILLS, MI 483262766248-576-5741fcausllc.comLinkedIn10001+ employeesmanagement consulting
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(248) 576-5741
Plan administrator signer
JOSEPH HEIKKILA
Signed 10/17/2016

Summary metrics

Total assets (EOY)
$1268.1M
-0.4% from 2016
Total participants
7,616
+2.1% from 2016
Average account balance
$0
No prior year
Annual return
-0.50%
-8.07 pp from 2016

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort164 peers
Snapshot2015
Participant deferral / active EE
$0
median $494
Employer contribution / active EE
$116,644
median $6,443
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $4,666,522
Admin fee / account holder
$0
median $88,742
Annual return
-0.50%
median -1.62%
Overall peer rank
70th percentileavg across 6 metrics

Analytics

2015 - 2023
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$185K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
5,606
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$176.37M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$117K
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-93.43%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
AON HEWITT1+ years
Service code 15
4 OVERLOOK POINT · LINCOLNSHIRE, IL 60069
Recordkeeping
$168,286
Service code 25 · EIN 04-1867445
Directed Trustee
$86,399
FCA US LLC1+ years
Service code 14 · EIN 27-0187394
Plan Administrator
$20,955

Enrolled actuary

1 attachment
SB

JAMES C. FRIES

MERCER
Enrollment #1406416
ONE TOWNE SQUARE, SUITE 1100
SOUTHFIELD, MI 48076
(248) 945-5523
Signed 2016-09-29

Top hat statement on fileNQDC

Filed January 31, 2024 (most recent of 2 filings on file)

Plans declared (4)

  • Plan name not on file1 emp
  • Plan name not on file160 emp
  • Plan name not on file293 emp
  • Plan name not on file12 emp

Total covered: 466 employees

Plan features & details

Pension benefit codes1B3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$569K
$376 / participant
  • Contract admin$255K44.8%
  • Other / not subdivided$314K55.2%
% of EOY assets
0.045%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Disclaimer