Retirement plan
RETIREMENT SECURITY PLAN
NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATIONEIN 53-0116145Plan #333PY 2017
4301 WILSON BLVD - ARLINGTON, VA 222034419703-907-6021
Other plans on this EIN
1 filingProspect flagsLow participant contribution
Filing contacts
From the Form 5500, federal recordPlan administrator signer
PETER BAXTER
Signed 10/14/2018
Plan administrator entity
SENIOR VICE PRESIDENT, INSURANCE & FINANCIAL SERVICES
EIN 542072724
(703) 907-5743Summary metrics
Total assets (EOY)
$9733.1M
-6.8% from 2016
Total participants
67,328
-1.9% from 2016
Average account balance
$0
No prior year
Annual return
15.30%
-10.74 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort240 peers
Snapshot2017
9
Participant deferral / active EE
$113
median $34
67
Employer contribution / active EE
$16,361
median $8,645
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $14,491,905
0
Admin fee / account holder
$0
median $81,210
76
Annual return
15.30%
median 13.24%
Overall peer rank
50of 100
50th 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
| Provider | Service type | Compensation |
|---|---|---|
EXCELLA CONSULTING3+ years Service code 16 · EIN 54-2062249 | Consulting | $3,936,964 |
Service code 28 · EIN 62-0951781 | Investment Management | $2,451,858 |
NEUBERGER BERMAN3+ years Service code 28 · EIN 02-0654486 | Investment Management | $2,428,662 |
LSV ASSET MANAGEMENT2 years Service code 28 · EIN 23-2772200 | Investment Management | $2,323,496 |
INSERIS3+ years Service code 16 · EIN 27-4715972 | Consulting | $1,946,195 |
Service code 28 · EIN 58-2620541 | Investment Management | $1,897,213 |
JENNISON ASSOCIATES3+ years Service code 28 · EIN 52-2069785 | Investment Management | $1,873,045 |
BAILLIE GIFFORD2 years Service code 28 · EIN 22-3438530 | Investment Management | $1,797,259 |
ARROWSTREET CAPITAL LP2 years Service code 28 · EIN 04-3472863 | Investment Management | $1,689,084 |
Service code 16 · EIN 52-1915109 | Consulting | $1,137,773 |
Enrolled actuary
1 attachment
SB
LAUREN HOECK
TOWERS WATSON DELAWARE INC
Enrollment #1707928
800 N. GLEBE RD
ARLINGTON, VA 22203
(703) 258-8000
Signed 2018-09-28
Reportable transactions (Schedule G)
11 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 1 Loan in default | COUNTRYWIDE HOME LOANS, INC | — | 4500 PARK GRANADA CALABASAS, CA 91302 | — |
| Part 1 Loan in default | INDYMAC BANK FSB | — | 155 NORTH LAKE AVENUE PASADENA, CA 91101 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
| Part 1 Loan in default | PUERTO RICO SALES TAX FINANCE | — | DE DIEGO AVE, STOP 22 SANTURCE, PR 00940 | — |
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.
Plan features & details
Pension benefit codes1F3F
Plan features
- 1FSection 414(k) arrangementBenefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
- 3FLeased employeesPlan 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
$62.0M
$1099 / participant
- Investment mgmt$15M24.9%
- Other / not subdivided$47M75.1%
% of EOY assets
0.637%
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
- CLIFTONLARSONALLEN LLP
- Auditor EIN
- 410746749
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified