PlanOptica
Retirement plan

ERNST & YOUNG RETIREMENT SAVINGS PLAN

ERNST & YOUNG U.S. LLPEIN 34-6565596Plan #112PY 2022
Sign in to saveView 5500 PDF
200 PLAZA DRIVE - SECAUCUS, NJ 07094201-872-2200LinkedIn10001+ employeesaccounting
Other plans on this EIN
4 filings
#114Retirement-$3.43B assets#113Retirement-$2.54B assets#001Retirement-$2.17B assets#111Retirement-$2.15B assets
Prospect flagsFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(201) 872-2200
Plan administrator signer
SEAN O'DONNELL
Signed 01/18/2024
How to read this page

Summary metrics

Total assets (EOY)
$12404.6M
-11.9% from 2016
Total participants
98,071
-5.8% from 2016
Average account balance
$134,342
-4.8% from 2016
Annual return
-17.73%
-7.39 pp from 2016

Benchmarks

See 97 peers
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants>=10,000
Cohort97 peers
Snapshot2022
Participant deferral / active EE
$11,689
median $7,150
Employer contribution / active EE
$3,612
median $2,591
Participation rate
90.4%
median 85.1%
Avg account balance
$134,342
median $76,371
Admin fee / account holder
$56
median $55
Annual return
-17.73%
median -15.37%
Overall peer rank
58th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$18.33B
Average account balance
Total assets / participants with a balance (line 6g)
$194K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
94,372
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
95.2%
Contributions (total)
Employer and participant dollars contributed each year
$1.06B
Contributions per participant
Average employer and participant contribution per enrolled participant
$19K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+19.67%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$51
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INSTITUTIONAL8+ years
Service code 50 · EIN 04-2647786
Direct Payment
$5,209,860
BLACK ROCK INSTITUTIONAL TRUST CO.2 years
Service code 50 · EIN 94-3112180
Direct Payment
$35,083

Top hat statement on fileNQDC

Filed July 19, 1991

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.

Open the filing PDF

Plan features & details

Pension benefit codes2G2J2K3B3J
Plan features
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 3B
    Plan covering self-employed individuals
    Plan covering self-employed individuals.
  • 3J
    U.S.-based Puerto Rico dual-qualified plan
    U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

1 tripped
  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II
Admin total
$5.2M
$87 / participant
  • Other / not subdivided$5M100.0%
% of EOY assets
0.042%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
BDO USA, P.C.
Auditor EIN
135381590
Audit fees
(not subdivided)
Opinion code
Unqualified