Retirement plan
FINRA EMPLOYEES RETIREMENT PLAN
FINRAEIN 53-0088710Plan #001PY 2016
1735 K STREET, NW - WASHINGTON, DC 20006301-590-6500finra.orgLinkedIn1001-5000 employeesfinancial services
Other plans on this EIN
1 filingProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator entity
FINRA PENSION/401(K) PLAN COMMITTEE
EIN 521087606
Summary metrics
Total assets (EOY)
$463M
-11.8% from 2016
Total participants
2,793
+2.3% from 2016
Average account balance
$0
No prior year
Annual return
6.68%
-7.74 pp from 2016
Benchmarks
Peer group
Industry81 - Other Services (except Public Administration)
Plan typeDefined benefit
Participants1,000-4,999
Cohort32 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $1,147
77
Employer contribution / active EE
$22,027
median $13,210
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $381,942,733
0
Admin fee / account holder
$0
median $2,655,710
45
Annual return
6.68%
median 6.79%
Overall peer rank
61of 100
61st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$534.96M
Average account balance
Total assets / participants with a balance (line 6g)
$237K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,189
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
$20.00M
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
+3.83%
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 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
HEWITT ASSOCIATES LLC2+ years Service code 11 · EIN 36-2235791 | Actuarial | $393,109 |
Service code 27 · EIN 36-3109431 | Advisory (Plan) | $265,928 |
Service code 28 · EIN 04-3304963 | Investment Management | $175,115 |
WELLINGTON TRUST COMPANY, NA2+ years Service code 28 · EIN 04-2755549 | Investment Management | $148,893 |
Service code 21 · EIN 94-3112180 | Bank Trustee | $123,847 |
THE BANK OF NEW YORK MELLON2+ years Service code 19 · EIN 13-5160382 | Securities Custodian | $82,257 |
Enrolled actuary
1 attachment
SB
CHRISTOPHER E. FLOHR
AON CONSULTING, INC.
Enrollment #1706359
500 EAST PRATT STREET
SUITE 700
BALTIMORE, MD 21202
(410) 547-2888
Signed 2017-08-25
Top hat statement on fileNQDC
Filed August 6, 2024 (most recent of 5 filings on file)
Plan administrator
Plans declared (2)
- FINRA 457(b) DEFERRED COMPENSATION PLAN163 emp
- FINRA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN2 emp
Total covered: 165 employees
Plan features & details
Pension benefit codes1A
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).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$1.4M
$732 / participant
- Investment mgmt$714K52.0%
- Other / not subdivided$658K48.0%
% of EOY assets
0.296%
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
- ERNST & YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified