Retirement plan

CBS 401(K) PLAN

Name: CBS CORPORATION - CBS 401(K) PLAN (2018) Form 5500
Creator: CBS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CBS 401(K) PLAN, CBS CORPORATION

CBS CORPORATIONEIN 04-2949533Plan #002PY 2018

51 W 52ND ST - NEW YORK, NY 100196188212-975-4321paramountdispatchsolutions.comLinkedIn1-10 employeestransportation/trucking/railroad

Other plans on this EIN

4 filings

#200Retirement-$2.44B assets #202Retirement-$24.3M assets #300Retirement-$5.4M assets #001Retirement-$61K assets

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed October 4, 2011

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

How to read this page

Total assets (EOY)

$3684.3M

-6.1% from 2016

Total participants

23,109

-0.6% from 2016

Average account balance

$164,001

-5.4% from 2016

Annual return

-4.80%

-11.16 pp from 2016

Benchmarks

See 43 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants>=10,000

Cohort43 peers

Snapshot2018

Participant deferral / active EE

$8,815

median $5,352

Employer contribution / active EE

$2,777

median $2,379

Participation rate

94.6%

median 89.9%

Avg account balance

$164,001

median $82,940

Admin fee / account holder

$223

median $64

Annual return

-4.80%

median -4.80%

Overall peer rank

56of 100

56th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$6.36B

Average account balance

Total assets / participants with a balance (line 6g)

$201K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

31,614

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.0%

Contributions (total)

Employer and participant dollars contributed each year

$328.42M

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.60%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$231

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 14 by compensation

Provider	Service type	Compensation
GOLDMAN SACHS2 years Filed as: GOLDMAN SACHS ASSET MANAGEMENT Service code 50 · EIN 13-3575636	Direct Payment	$1,331,539
FINANCIAL ENGINES4+ years Service code 26 · EIN 94-3250323	Advisory (Participants)	$1,303,888
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$1,097,296
PIMCO FUNDS1 year Filed as: PACIFIC INVESTMENT MANAGEMENT CORP Service code 50 · EIN 33-0629048	Direct Payment	$954,839
WELLINGTON TRUST COMPANY1 year Filed as: WELLINGTON MANAGEMENT CO LLP Service code 51 · EIN 30-0835489	Investment Mgmt Fees	$858,776
PGIM INVESTMENTS3 years Filed as: PGIM, INC. Service code 50 · EIN 22-2540245	Direct Payment	$598,072
BLACKROCK1 year Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 21 · EIN 94-3112180	Bank Trustee	$589,072
PRUDENTIAL RETIREMENT INSURANCE AND4+ years Filed as: PRUDENTIAL Service code 50 · EIN 22-1211670	Direct Payment	$509,817
BLACKROCK4+ years Service code 50 · EIN 13-3806691	Direct Payment	$472,773
DODGE & COX4+ years Service code 28 · EIN 94-1441976	Investment Management	$449,258

Plan features & details

Pension benefit codes2T3F3H2E2F2G2J2K2O2R2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5.0M

$423 / participant

Investment mgmt$2M41.7%
Other / not subdivided$3M58.3%

% of EOY assets

0.136%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$164,001

$94,115+74.3%

$83,327+96.8%

$73,367+123.5%

Participation rate

94.6%

83.7%+10.8pp

77.8%+16.8pp

69.5%+25.1pp

Annual return

-4.80%

-6.12%+1.3pp

10.64%-15.4pp

173.45%-178.3pp

Employer contribution / active EE

$2,777

$2,931-5.3%

$3,379-17.8%

$2,499+11.1%

Participant deferral / active EE

$8,815

$6,759+30.4%

$5,565+58.4%

$4,033+118.6%

Admin fee / account holder

$223

$75+196.8%

$7,540-97.0%

$68+226.2%

Provider

Service type

Compensation

GOLDMAN SACHS2 years

Filed as: GOLDMAN SACHS ASSET MANAGEMENT

Service code 50 · EIN 13-3575636

Direct Payment

$1,331,539

FINANCIAL ENGINES4+ years

Service code 26 · EIN 94-3250323

Advisory (Participants)

$1,303,888

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$1,097,296

PIMCO FUNDS1 year

Filed as: PACIFIC INVESTMENT MANAGEMENT CORP

Service code 50 · EIN 33-0629048

Direct Payment

$954,839

WELLINGTON TRUST COMPANY1 year

Filed as: WELLINGTON MANAGEMENT CO LLP

Service code 51 · EIN 30-0835489

Investment Mgmt Fees

$858,776

PGIM INVESTMENTS3 years

Filed as: PGIM, INC.

Service code 50 · EIN 22-2540245

Direct Payment

$598,072

BLACKROCK1 year

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 21 · EIN 94-3112180

Bank Trustee

$589,072

PRUDENTIAL RETIREMENT INSURANCE AND4+ years

Filed as: PRUDENTIAL

Service code 50 · EIN 22-1211670

Direct Payment

$509,817

BLACKROCK4+ years

Service code 50 · EIN 13-3806691

Direct Payment

$472,773

DODGE & COX4+ years

Service code 28 · EIN 94-1441976

Investment Management

$449,258

CBS 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CBS 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion