PlanOptica
Retirement plan

PENSION AND RETIREMENT PLAN

EIDP, INC.EIN 51-0014090Plan #001PY 2022
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974 CENTRE ROAD, CHESTNUT RUN PLAZA 735/4355-8 - WILMINGTON, DE 19805302-485-3492
Other plans on this EIN
1 filing
#006Retirement--
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(302) 485-3492
Plan administrator signer
MARK DURKOVIC
Signed 10/13/2023
Plan administrator entity
BENEFIT PLANS ADMINISTRATIVE COMMITTEE
EIN 351781118
974 CENTRE ROAD, CHESTNUT RUN PLAZA, 735/4355-8 · WILMINGTON, DE 19805
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Summary metrics

Total assets (EOY)
$12301M
-10.9% from 2016
Total participants
74,339
+10.6% from 2016
Average account balance
$0
No prior year
Annual return
-16.66%
-6.52 pp from 2016

Benchmarks

See 67 peers
Peer group
Industry32 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort67 peers
Snapshot2022
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $8,717
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $2,456,633
Admin fee / account holder
$0
median $14,884
Annual return
-16.66%
median -17.30%
Overall peer rank
61st percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.42B
Average account balance
Total assets / participants with a balance (line 6g)
$157K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
64,134
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
$1.31B
Contributions per participant
Average employer and participant contribution per enrolled participant
$115K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.60%
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 of 14 by compensation
ProviderService typeCompensation
ALIGHT SOLUTIONS LLC6 years
Service code 13 · EIN 82-1061233
Contract Administrator
$3,801,621
AON CONSULTING, INC. (NJ)1 year
Service code 11 · EIN 36-2235791
Actuarial
$1,485,683
CORTEVA AGRISCIENCE LLC1 year
Service code 15
974 CENTRE ROAD · WILMINGTON, DE 19805
Recordkeeping
$651,971
STATE STREET RETIREE SERVICES8+ years
Service code 13 · EIN 04-6748526
Contract Administrator
$637,386
PRICEWATERHOUSECOOPERS LLP1 year
Service code 10 · EIN 13-4008324
Accounting
$208,540
STATE STREET CORPORATION1 year
Service code 13 · EIN 04-2456637
Contract Administrator
$195,569
BALLARD SPAHR1 year
Service code 29 · EIN 23-0382195
Legal
$136,662
AON INVESTMENTS USA INC1 year
Service code 13 · EIN 36-3109431
Contract Administrator
$125,000
BUCK GLOBAL LLC1 year
Service code 13 · EIN 13-3954297
Contract Administrator
$123,527
STATE STREET BANK GLOBAL ADVISORS1 year
Service code 21 · EIN 04-0025081
Bank Trustee
$100,000

Enrolled actuary

1 attachment
SB

DOUGLAS A. ROSS

AON CONSULTING, INC.
Enrollment #2307311
MSC# 17741
P.O. BOX 6718
SOMERSET, NJ 08875
(847) 771-0701
Signed 2023-09-21

Top hat statement on fileNQDC

Filed June 5, 2008 (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.

Open the filing PDF

Plan features & details

Pension benefit codes1A3F3H
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).
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 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.

Expense breakdown

Schedule H Part II
Admin total
$68.9M
$26613 / participant
  • Contract admin$6M9.2%
  • Other / not subdivided$63M90.8%
% of EOY assets
0.560%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
PRICEWATERHOUSECOOPERS
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Unqualified