PlanOptica
Retirement plan

RETIREMENT SECURITY PLAN

NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATIONEIN 53-0116145Plan #333PY 2018
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4301 WILSON BLVD - ARLINGTON, VA 22203703-907-6021
Other plans on this EIN
1 filing
#444Retirement-$9.99B assets
Prospect flagsLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
REBECCA MORDAS
Signed 10/15/2019
(703) 907-6021
Plan administrator entity
SENIOR VICE PRESIDENT, INSURANCE & FINANCIAL SERVICES
EIN 542072724
(703) 907-5743
How to read this page

Summary metrics

Total assets (EOY)
$8680.4M
-6.8% from 2016
Total participants
67,560
-1.9% from 2016
Average account balance
$0
No prior year
Annual return
-4.91%
-10.74 pp from 2016

Benchmarks

See 223 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort223 peers
Snapshot2018
Participant deferral / active EE
$117
median $34
Employer contribution / active EE
$17,226
median $5,100
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $7,764,297
Admin fee / account holder
$0
median $62,356
Annual return
-4.91%
median -3.72%
Overall peer rank
34th 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 CONSULTING4+ years
Service code 16 · EIN 54-2062249
Consulting
$2,826,997
NEUBERGER BERMAN4+ years
Service code 28 · EIN 02-0654486
Investment Management
$2,463,609
LSV ASSET MANAGEMENT3 years
Service code 28 · EIN 23-2772200
Investment Management
$2,440,894
JENNISON ASSOCIATES4+ years
Service code 28 · EIN 52-2069785
Investment Management
$2,283,895
BAILLIE GIFFORD3 years
Service code 28 · EIN 22-3438530
Investment Management
$2,006,718
ARROWSTREET CAPITAL LIMITED PARTNER1 year
Service code 28 · EIN 04-3472863
Investment Management
$1,869,109
CORNERSTONE INVESTMENT PARTNERS LLC1 year
Service code 28 · EIN 58-2620541
Investment Management
$1,661,998
DECISIONPATH CONSULTING3 years
Service code 16 · EIN 54-1059055
Consulting
$1,451,031
SOUTHEASTERN ASSET MANAGEMENT INC4+ years
Service code 28 · EIN 62-0951781
Investment Management
$1,277,873
CAPRICORN SYSTEMS INC4+ years
Service code 16 · EIN 58-2514176
Consulting
$1,205,481

Enrolled actuary

1 attachment
SB

LAUREN HOECK

WILLIS TOWERS WATSON US LLC
Enrollment #1707928
800 N. GLEBE RD
ARLINGTON, VA 22203
(703) 258-8000
Signed 2019-10-10

Reportable transactions (Schedule G)

10 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.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
COUNTRYWIDE HOME LOANS, INC.—
4500 PARK GRANADA
CALABASAS, CA 91302
—
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.

Open the filing PDF

Plan features & details

Pension benefit codes1F3F1A
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).
  • 1F
    Section 414(k) arrangement
    Benefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
  • 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
$62.6M
$1128 / participant
  • Investment mgmt$15M23.8%
  • Other / not subdivided$48M76.2%
% of EOY assets
0.721%
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