Retirement plan
CNA RETIREMENT PLAN
CONTINENTAL CASUALTY COMPANYEIN 36-2114545Plan #001PY 2019
Other plans on this EIN
1 filingProspect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
VICTORIA GIURATO
Signed 09/10/2020
Summary metrics
Total assets (EOY)
$2172.6M
+3.1% from 2016
Total participants
18,227
+25.1% from 2016
Average account balance
$0
No prior year
Annual return
15.21%
-9.70 pp from 2016
Benchmarks
Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined benefit
Participants250-999
Cohort36 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $0
63
Employer contribution / active EE
$193,199
median $7,143
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $1,557,172
0
Admin fee / account holder
$0
median $8,714
23
Annual return
15.21%
median 18.05%
Overall peer rank
43of 100
43rd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$848.88M
Average account balance
Total assets / participants with a balance (line 6g)
$148K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
5,374
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
$125.00M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$193K
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
+7.12%
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 10 by compensation
| Provider | Service type | Compensation |
|---|---|---|
NEUBERGER BERMAN5+ years Service code 28 · EIN 13-2938677 | Investment Management | $1,129,034 |
ALIGHT SOLUTIONS LLC3 years Service code 15 · EIN 82-1061233 | Recordkeeping | $873,932 |
PZENA INVESTMENT MANAGEMENT5+ years Service code 28 · EIN 13-3860154 | Investment Management | $782,635 |
LEVIN CAPITAL STRATEGIES, LP5+ years Service code 28 · EIN 87-0753486 | Investment Management | $354,983 |
HUBER CAPITAL MANAGEMENT5+ years Service code 28 · EIN 20-8441410 | Investment Management | $352,822 |
WELLS FARGO1 year Service code 13 · EIN 56-6433588 | Contract Administrator | $342,673 |
Service code 11 · EIN 53-0181291 | Actuarial | $134,547 |
HARRIS INVESTMENT MANAGEMENT5+ years Service code 28 · EIN 36-3673844 | Investment Management | $50,000 |
JP MORGAN CHASE BANK, NA5+ years Service code 25 · EIN 13-4994650 | Directed Trustee | $47,045 |
SEYFARTH SHAW5+ years Service code 29 · EIN 36-2152202 | Legal | $46,490 |
Enrolled actuary
1 attachment
SB
JULIE M DURKIN
WILLIS TOWERS WATSON US LLC
Enrollment #2004097
233 SOUTH WACKER DRIVE
SUITE 1800
CHICAGO, IL 60606
(312) 288-7700
Signed 2020-09-02
Plan features & details
Pension benefit codes1A1C1I3F3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 1IFrozen planAs 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.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan 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
$16.7M
$25867 / participant
- Investment mgmt$3M16.0%
- Contract admin$1M7.3%
- Other / not subdivided$13M76.8%
% of EOY assets
0.770%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- DELOITTE & TOUCHE LLP
- Auditor EIN
- 133891517
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified