Retirement plan
IDAHO NATIONAL LABORATORY EMPLOYEE RETIREMENT PLAN
BATTELLE ENERGY ALLIANCE, LLCEIN 68-0588324Plan #002PY 2017
Other plans on this EIN
1 filingProspect flagsHigh retiree %Low participationLow participant contribution
Filing contacts
From the Form 5500, federal recordPlan administrator signer
DAVID SEARLE
Signed 07/16/2018
Summary metrics
Total assets (EOY)
$1679M
-6.9% from 2017
Total participants
8,477
+1.4% from 2017
Average account balance
$0
No prior year
Annual return
9.27%
+8.45 pp from 2017
Benchmarks
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined benefit
Participants1,000-4,999
Cohort32 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $535
55
Employer contribution / active EE
$28,673
median $17,597
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
29
Annual return
9.27%
median 11.71%
Overall peer rank
21of 100
21st percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$2.11B
Average account balance
Total assets / participants with a balance (line 6g)
$283K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
6,532
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
$12.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$13K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+22.65%
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 20 by compensation
| Provider | Service type | Compensation |
|---|---|---|
PACIFIC INVESTMENT MANAGEMENT CO2+ years Service code 28 · EIN 33-0629048 | Investment Management | $989,810 |
SANDS CAPITAL MANAGEMENT, LLC2+ years Service code 28 · EIN 20-2830751 | Investment Management | $741,151 |
JENNISON ASSOCIATES, LLC2+ years Service code 28 · EIN 52-2069785 | Investment Management | $702,785 |
FISHER INVESTMENTS, INC.2+ years Service code 28 · EIN 94-3029777 | Investment Management | $611,659 |
NORTHERN TRUST COMPANY2+ years Service code 24 · EIN 36-1561860 | Discretionary Trustee | $566,886 |
PIER CAPITAL, LLC2+ years Service code 28 · EIN 86-1105603 | Investment Management | $533,912 |
JP MORGAN STRATEGIC2+ years Service code 28 · EIN 13-6038770 | Investment Management | $469,606 |
EARNEST PARTNERS2+ years Service code 28 · EIN 58-2386669 | Investment Management | $449,404 |
BATTELLE ENERGY ALLIANCE, LLC2+ years Service code 14 · EIN 86-0588324 | Plan Administrator | $373,321 |
Service code 28 · EIN 33-1077887 | Investment Management | $366,234 |
Enrolled actuary
1 attachment
SB
CHRISTOPHER D. KLUDY, FSA, EA, MAAA
MERCER
Enrollment #1706018
325 JOHN H. MCCONNELL BOULEVARD
SUITE 350
COLUMBUS, OH 43215
(614) 227-5500
Signed 2018-06-22
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.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | BATTELLE ENERGY ALLIANCE, LLC | EMPLOYER USE OF PLAN ASSETS RESULTING FROM OVERHEAD EXPENSES CHARGED TO PLAN, CORRECTED BY VFCP | — | — |
Plan features & details
Pension benefit codes1A3H
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).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
3 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$7.5M
$3702 / participant
- Investment mgmt$6M74.4%
- Contract admin$373K5.0%
- Other / not subdivided$2M20.6%
% of EOY assets
0.446%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- RUDD & COMPANY, PLLC
- Auditor EIN
- 820467399
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified