Retirement plan
FORD MOTOR COMPANY GENERAL RETIREMENT PLAN
FORD MOTOR COMPANYEIN 38-0549190Plan #002PY 2015
TAX DEPARTMENT, 1 AMERICAN ROAD, FORD WHQ, ROOM 612 - DEARBORN, MI 48126313-322-5012ford.comLinkedIn10001+ employeesautomotive
Prospect flagsHigh retiree %Low participant contribution
Filing contacts
From the Form 5500, federal recordPlan administrator signer
ROBIN WOOD
Signed 10/11/2016
Summary metrics
Total assets (EOY)
$18303.5M
-2.6% from 2016
Total participants
77,972
+1.3% from 2016
Average account balance
$0
No prior year
Annual return
-1.87%
-10.36 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
10
Participant deferral / active EE
$1,446
median $28
0
Employer contribution / active EE
$0
median $5,273
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $47,522
0
Admin fee / account holder
$0
median $275
25
Annual return
-1.87%
median -0.88%
Overall peer rank
18of 100
18th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$12.12B
Average account balance
Total assets / participants with a balance (line 6g)
$222K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
46,396
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
$558.83M
Contributions per participant
Average employer and participant contribution per enrolled participant
$68K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-1.18%
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 7 by compensation
| Provider | Service type | Compensation |
|---|---|---|
XEROX HR SOLUTIONS, LLC1+ years Service code 15 · EIN 20-2185976 | Recordkeeping | $3,310,586 |
BUCK CONSULTANTS1+ years Service code 15 · EIN 13-3954297 | Recordkeeping | $1,791,000 |
Service code 50 · EIN 04-1867445 | Direct Payment | $539,625 |
FORD MOTOR COMPANY1+ years Service code 14 · EIN 38-0549190 | Plan Administrator | $445,105 |
PLANTE & MORAN PLLC1+ years Service code 10 · EIN 38-1357951 | Accounting | $182,540 |
TOWERS WATSON DELAWARE INC.1+ years Service code 11 · EIN 53-0181291 | Actuarial | $151,310 |
COMERICA1+ years Service code 49 · EIN 42-1741646 | Other Services | $7,550 |
Enrolled actuary
1 attachment
SB
TRAVIS J WINKELS, F.S.A., E.A.
TOWERS WATSON DELAWARE INC.
Enrollment #1406664
101 S. HENLEY ROAD, SUITE 900
ST. LOUIS, MO 63105
(314) 719-5920
Signed 2016-10-06
Reportable transactions (Schedule G)
5 rows
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | FORD MOTOR COMPANY | PLAN SPONSOR 2011 INADVERTENT LOAN OF APPROXIMATELY $2,322, WITH AN AMOUNT INVOLVED OF $2 | — | $2K |
| Part 3 Non-exempt transaction | FORD MOTOR COMPANY | PLAN SPONSOR 2012 INADVERTENT LOAN OF APPROXIMATELY $2,322, WITH AN AMOUNT INVOLVED OF $1 | — | $2K |
| Part 3 Non-exempt transaction | FORD MOTOR COMPANY | PLAN SPONSOR 2013 INADVERTENT LOAN OF APPROXIMATELY $2,322, WITH AN AMOUNT INVOLVED OF $6 | — | $2K |
| Part 3 Non-exempt transaction | FORD MOTOR COMPANY | PLAN SPONSOR 2014 INADVERTENT LOAN OF APPROXIMATELY $2,322, WITH AN AMOUNT INVOLVED OF $4 | — | $2K |
| Part 3 Non-exempt transaction | FORD MOTOR COMPANY | PLAN SPONSOR 2015 INADVERTENT LOAN OF APPROXIMATELY $2,322, WITH AN AMOUNT INVOLVED OF $2 | — | $2K |
Top hat statement on fileNQDC
Filed November 3, 2013 (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 codes1A1B3H3F3J
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).
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 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)).
- 3JU.S.-based Puerto Rico dual-qualified planU.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
2 tripped
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- 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
$10.9M
$601 / participant
- Other / not subdivided$11M100.0%
% of EOY assets
0.060%
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
- PLANTE & MORAN, PLLC
- Auditor EIN
- 381357951
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified