Retirement plan
PACCAR INC RETIREMENT PLAN
PACCAR INCEIN 91-0351110Plan #001PY 2016
Other plans on this EIN
2 filingsProspect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$1682.6M
-12.9% from 2016
Total participants
13,536
+4.8% from 2016
Average account balance
$0
No prior year
Annual return
9.43%
-10.78 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort215 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $31
67
Employer contribution / active EE
$16,022
median $6,836
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $57,821
0
Admin fee / account holder
$0
median $387
88
Annual return
9.43%
median 6.54%
Overall peer rank
77of 100
77th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$2.70B
Average account balance
Total assets / participants with a balance (line 6g)
$149K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
7,878
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
$80.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$9K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+8.53%
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 9 by compensation
| Provider | Service type | Compensation |
|---|---|---|
RUSSELL TRUST COMPANY2+ years Service code 25 · EIN 91-1116938 | Directed Trustee | $3,410,124 |
MFS HERITAGE TRUST COMPANY2+ years Service code 28 · EIN 02-0507414 | Investment Management | $577,800 |
BLACKROCK2+ years Service code 28 · EIN 13-3806691 | Investment Management | $435,872 |
PYRAMIS2+ years Service code 28 · EIN 04-3532603 | Investment Management | $282,795 |
NORTHERN TRUST INVESTMENTS, INC2+ years Service code 28 · EIN 36-3608252 | Investment Management | $108,782 |
MILLIMAN2+ years Service code 11 · EIN 91-0675641 | Actuarial | $93,972 |
Service code 28 · EIN 30-0447847 | Investment Management | $74,138 |
HEWITT2+ years Service code 15 · EIN 36-2235791 | Recordkeeping | $40,197 |
ERNST AND YOUNG2+ years Service code 10 · EIN 34-6565596 | Accounting | $21,000 |
Enrolled actuary
1 attachment
SB
STEPHANIE L. SENT
MILLIMAN
Enrollment #1705853
1301 FIFTH AVENUE, SUITE 3800
SEATTLE, WA 981012605
(206) 624-7940
Signed 2017-06-16
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
1 tripped
- 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
$5.9M
$756 / participant
- Investment mgmt$5M84.0%
- Other / not subdivided$942K16.0%
% of EOY assets
0.351%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- ERNST & YOUNG, LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer