PlanOptica
Retirement plan

USAA PENSION PLAN

UNITED SERVICES AUTOMOBILE ASSOCIATIONEIN 74-0959140Plan #001PY 2016
Sign in to saveView 5500 PDF
9800 FREDERICKSBURG ROAD, D SVC E - SAN ANTONIO, TX 782884002210-498-8787LinkedIn1-10 employeesinsurance
Other plans on this EIN
1 filing
#002Retirement-$5.92B assets
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
LAURA BISHOP
Signed 10/09/2017
(210) 498-8787
Plan administrator signer
PETER KOSTIW
Signed 10/05/2017
How to read this page

Summary metrics

Total assets (EOY)
$5586.1M
-4.6% from 2016
Total participants
23,884
+1.8% from 2016
Average account balance
$0
No prior year
Annual return
7.63%
-8.91 pp from 2016

Benchmarks

See 46 peers
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort46 peers
Snapshot2016
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $6,902
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $40,289
Admin fee / account holder
$0
median $312
Annual return
7.63%
median 7.07%
Overall peer rank
58th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$4.57B
Average account balance
Total assets / participants with a balance (line 6g)
$93K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
18,975
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
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.85%
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 13 by compensation
ProviderService typeCompensation
PACIFIC INVESTMENT MANAGEMENT CO.2+ years
Service code 28 · EIN 33-0629048
Investment Management
$1,589,077
DELAWARE INVESTMENT ADVISERS2+ years
Service code 28 · EIN 23-2859590
Investment Management
$1,485,699
STANDISH MELLON ASSET MANAGEMENT2+ years
Service code 28 · EIN 25-1890416
Investment Management
$1,327,136
WELLINGTON TRUST COMPANY2+ years
Service code 28 · EIN 04-2755549
Investment Management
$1,318,946
EPOCH INVESTMENTS PARTNERS, INC.2+ years
Service code 28 · EIN 20-1003862
Investment Management
$1,112,073
THE NORTHERN TRUST COMPANY2+ years
Service code 19 · EIN 36-1561860
Securities Custodian
$1,080,429
CONDUENT1 year
Service code 15 · EIN 04-3609848
Recordkeeping
$1,042,897
WESTERN ASSET2+ years
Service code 28 · EIN 95-2705767
Investment Management
$999,608
AQR CAPITAL MANAGEMENT HOLDINGS LLC1 year
Service code 28 · EIN 13-3987414
Investment Management
$279,801
BLACKROCK INSTITUTIONAL TRUST CO NA2+ years
Service code 21 · EIN 94-3112180
Bank Trustee
$269,980

Enrolled actuary

1 attachment
SB

KRISTY THORNTON

MERCER (US) INC.
Enrollment #1705881
4400 COMERICA BANK TOWER
1717 MAIN STREET
DALLAS, TX 75201
(850) 894-4953
Signed 2017-10-04

Top hat statement on fileNQDC

Filed April 23, 2001 (most recent of 5 filings on file)

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 codes1A1C1E3F3H
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).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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
$15.7M
$1369 / participant
  • Investment mgmt$12M74.6%
  • Contract admin$1M6.6%
  • Other / not subdivided$3M18.8%
% of EOY assets
0.281%
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
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Unqualified