Retirement plan

EDO CORPORATION EMPLOYEES PENSION PLAN

HARRIS CORPORATIONEIN 34-0276860Plan #020PY 2019
1025 WEST NASA BOULEVARD - MELBOURNE, FL 329190001321-724-3554l3harris.comLinkedIn10001+ employeesdefense & space
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(321) 724-3554
Plan administrator entity
EMPL. BEN. COM. HARRIS CORP
EIN 340276860

Summary metrics

Total assets (EOY)
$186.3M
No prior year
Total participants
3,915
No prior year
Average account balance
$0
No prior year
Annual return
20.16%
+111.13 pp from 2020

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants250-999
Cohort277 peers
Snapshot2019
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $6,709
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,557,172
Admin fee / account holder
$0
median $8,714
Annual return
20.16%
median 17.60%
Overall peer rank
76th percentileavg across 6 metrics

Analytics

Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Enrolled actuary

1 attachment
SB

SCOTT BERGER

BUCK GLOBAL, LLC
Enrollment #2006644
500 PLAZA DRIVE
SECAUCUS, NJ 070961533
(201) 902-2300
Signed 2020-09-03

Top hat statement on fileNQDC

Filed March 29, 2005 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes1A1C1I3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 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

2 tripped
  • InformationalHigh retiree %

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

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
BUCHBINDER TUNICK & COMPANY LLP
Auditor EIN
131578842
Audit fees
(not subdivided)
Opinion code
Unqualified