Retirement plan
FINRA EMPLOYEES RETIREMENT PLAN
FINRAEIN 53-0088710Plan #001PY 2019
1735 K STREET, NW - WASHINGTON, DC 20006301-590-6500finra.orgLinkedIn1001-5000 employeesfinancial services
Other plans on this EIN
1 filingProspect flagsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
JEREMIOUS HENDERSON
Signed 09/29/2020
Plan administrator entity
FINRA PENSION/401(K) PLAN COMMITTEE
EIN 521087606
Summary metrics
Total assets (EOY)
$591M
-11.8% from 2016
Total participants
2,599
+2.3% from 2016
Average account balance
$0
No prior year
Annual return
23.63%
-7.74 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort1,029 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $102
0
Employer contribution / active EE
$0
median $9,206
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $341,093,897
0
Admin fee / account holder
$0
median $1,551,325
93
Annual return
23.63%
median 17.22%
Overall peer rank
93of 100
93rd 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 |
|---|---|---|
Service code 11 · EIN 22-2232264 | Actuarial | $234,447 |
AON INVESTMENTS USA INC.1 year Service code 27 · EIN 36-3109431 | Advisory (Plan) | $190,517 |
WELLINGTON TRUST COMPANY, NA5+ years Service code 28 · EIN 04-2755549 | Investment Management | $188,467 |
Service code 21 · EIN 94-3112180 | Bank Trustee | $155,215 |
Service code 28 · EIN 04-3304963 | Investment Management | $130,544 |
THE BANK OF NEW YORK MELLON5+ years Service code 19 · EIN 13-5160382 | Securities Custodian | $50,633 |
Enrolled actuary
1 attachment
SB
MARGARET C. SONDUCK
AON CONSULTING, INC.
Enrollment #2007439
2001 K STREET NW, SUITE 625 NORTH
WASHINGTON, DC 20006
(202) 429-8554
Signed 2020-08-14
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
1 tripped
- 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
$1.4M
$893 / participant
- Investment mgmt$665K46.9%
- Other / not subdivided$753K53.1%
% of EOY assets
0.240%
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