PlanOptica
Retirement plan

RETIREMENT SECURITY PLAN

NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATIONdba NRECAEIN 53-0116145Plan #333PY 2015
Sign in to saveView 5500 PDF
4301 WILSON BOULEVARD - ARLINGTON, VA 22203703-907-6021
Other plans on this EIN
1 filing
#444Retirement-$8.15B assets
Prospect flagsLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(703) 907-6021
Plan administrator signer
PETER BAXTER
Signed 10/15/2016
Plan administrator entity
SR. VICE PRESIDENT, INSURANCE AND FINANCIAL SERVICES
EIN 542072724
4301 WILSON BLVD · ARLINGTON, VA 222031867
(703) 907-5743
How to read this page

Summary metrics

Total assets (EOY)
$8085.3M
-6.8% from 2016
Total participants
65,207
-1.9% from 2016
Average account balance
$0
No prior year
Annual return
-2.20%
-10.74 pp from 2016

Benchmarks

See 209 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
Participant deferral / active EE
$102
median $28
Employer contribution / active EE
$15,491
median $5,273
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $47,522
Admin fee / account holder
$0
median $275
Annual return
-2.20%
median -0.88%
Overall peer rank
33rd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$11.48B
Average account balance
Total assets / participants with a balance (line 6g)
$151K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
19,695
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
$1.14B
Contributions per participant
Average employer and participant contribution per enrolled participant
$20K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.35%
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 50 by compensation
ProviderService typeCompensation
EXCELLA CONSULTING1+ years
Service code 16 · EIN 54-2062249
Consulting
$3,105,101
SOUTHEASTERN ASSET MANAGEMENT INC1+ years
Service code 28 · EIN 62-0951781
Investment Management
$2,350,179
NEUBERGER BERMAN1+ years
Service code 28 · EIN 02-0654486
Investment Management
$2,174,798
GRANTHAM MAYO VAN OTTERLOO1+ years
Service code 28 · EIN 04-2691242
Investment Management
$2,166,844
BARROW HANLEY MEWHINNEY AND STRAUSS1+ years
Service code 28 · EIN 75-2403190
Investment Management
$1,764,653
CORNERSTONE INVESTMENT PARTNERS1+ years
Service code 28 · EIN 58-2620541
Investment Management
$1,742,040
JENNISON ASSOCIATES1+ years
Service code 28 · EIN 52-2069785
Investment Management
$1,607,026
SPEAR SOLUTIONS1+ years
Service code 16 · EIN 27-1974099
Consulting
$1,545,194
INSERIS1+ years
Service code 16 · EIN 27-4715972
Consulting
$1,542,010
CAPRICORN SYSTEMS INC1+ years
Service code 16 · EIN 58-2514176
Consulting
$1,191,631

Enrolled actuary

1 attachment
SB

CONSTANCE A RYDBERG

TOWERS WATSON DELAWARE INC
Enrollment #1405603
901 N GLEBE ROAD
ARLINGTON, VA 22203
(703) 258-8000
Signed 2016-10-06

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
INDYMAC RESIDENTIAL MORTGAGE TRUST—
C/O DEUTSCHE BANK NATIONAL TRUST
1761 EAST STREET ANDREW PLACE
SANTA ANA, CA 92705
—

Top hat statement on fileNQDC

Filed January 1, 2012

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 codes1A3F
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.

Opportunity flags

1 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$47.2M
$846 / participant
  • Investment mgmt$13M27.4%
  • Other / not subdivided$34M72.6%
% of EOY assets
0.584%
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
BDO
Auditor EIN
135381590
Audit fees
(not subdivided)
Opinion code
Unqualified