PlanOptica
Retirement plan

PACCAR INC RETIREMENT PLAN

PACCAR INCEIN 91-0351110Plan #001PY 2018
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PO BOX 1518 - BELLEVUE, WA 98009844-472-2227paccar.comLinkedIn10001+ employeesautomotive
Other plans on this EIN
2 filings
#002Retirement-$1.63B assets#030Retirement-$113.4M assets
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
CHRIS MERVIN
Signed 08/01/2019 (sponsor) / 08/01/2019 (admin)
(844) 472-2227
How to read this page

Summary metrics

Total assets (EOY)
$1863.9M
-12.9% from 2016
Total participants
15,072
+4.8% from 2016
Average account balance
$0
No prior year
Annual return
-6.68%
-10.78 pp from 2016

Benchmarks

See 209 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort209 peers
Snapshot2018
Participant deferral / active EE
$0
median $54
Employer contribution / active EE
$0
median $6,728
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
-6.68%
median -4.08%
Overall peer rank
12th 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 8 by compensation
ProviderService typeCompensation
RUSSELL TRUST COMPANY4+ years
Service code 25 · EIN 91-1116938
Directed Trustee
$3,773,347
MFS HERITAGE TRUST COMPANY4+ years
Service code 28 · EIN 02-0507414
Investment Management
$728,497
BLACKROCK4+ years
Service code 28 · EIN 13-3806691
Investment Management
$465,413
DIMENSIONAL FUND ADVISORS3 years
Service code 28 · EIN 30-0447847
Investment Management
$296,578
FIDELITY1 year
Service code 28 · EIN 20-4659714
Investment Management
$257,586
MILLIMAN, INC2 years
Service code 11 · EIN 91-0675641
Actuarial
$81,389
NORTHERN TRUST INVESTMENTS, INC4+ years
Service code 28 · EIN 36-3608252
Investment Management
$70,336
HEWITT4+ years
Service code 15 · EIN 36-2235791
Recordkeeping
$46,260

Enrolled actuary

1 attachment
SB

STEPHANIE L. SENT

MILLIMAN
Enrollment #1705853
1301 FIFTH AVENUE, SUITE 3800
SEATTLE, WA 981012605
(206) 624-7940
Signed 2019-08-01

Plan features & details

Pension benefit codes1A3H
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).
  • 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

3 tripped
  • OpportunityLow returns

    Annual investment return 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.

  • 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
$6.8M
$760 / participant
  • Investment mgmt$6M83.7%
  • Other / not subdivided$1M16.3%
% of EOY assets
0.362%
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