Retirement plan

AFFILIATED MANAGERS GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: AFFILIATED MANAGERS GROUP, INC. - AFFILIATED MANAGERS GROUP, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: AFFILIATED MANAGERS GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFFILIATED MANAGERS GROUP, INC. 401(K) PROFIT SHARING PLAN, AFFILIATED MANAGERS GROUP, INC.

AFFILIATED MANAGERS GROUP, INC.EIN 04-3218510Plan #001PY 2017

600 HALE STREET - PRIDES CROSSING, MA 01965617-747-3300

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$152.4M

+24.5% from 2016

Total participants

755

+17.6% from 2016

Average account balance

$214,058

+12.2% from 2016

Annual return

19.93%

+9.13 pp from 2016

Benchmarks

See 1,453 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,453 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$117.67M

Not enough data

1 years with asset history on file

Average account balance

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

$322K

Not enough data

1 years with per-participant data

Participants with account balance

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

365

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PRICEWATERHOUSECOOPERS LLP2 years Service code 10 · EIN 13-4008324	Accounting	$57,832
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 37 · EIN 11-3665754	Loan Processing	$56,405
NEPC, LLC2 years Filed as: NEPC LLC Service code 27 · EIN 26-1429809	Advisory (Plan)	$20,000

Plan features & details

Pension benefit codes2E2F2H2J2K2T3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$130K

$242 / participant

Other / not subdivided$130K100.0%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

0 / 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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,058

$81,537+162.5%

$149,721+43.0%

$69,631+207.4%

Participation rate

92.0%

86.1%+5.9pp

87.1%+5.0pp

70.7%+21.3pp

Annual return

19.93%

22.79%-2.9pp

1501.67%-1481.7pp

27571.02%-27551.1pp

Employer contribution / active EE

$11,341

$3,239+250.1%

$5,444+108.3%

$2,032+458.1%

Participant deferral / active EE

$11,083

$4,994+121.9%

$6,568+68.7%

$3,224+243.8%

Admin fee / account holder

$183

$107+71.3%

$11,282-98.4%

$110+65.7%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP2 years

Service code 10 · EIN 13-4008324

Accounting

$57,832

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 37 · EIN 11-3665754

Loan Processing

$56,405

NEPC, LLC2 years

Filed as: NEPC LLC

Service code 27 · EIN 26-1429809

Advisory (Plan)

$20,000

AFFILIATED MANAGERS GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AFFILIATED MANAGERS GROUP, INC. 401(K) PROFIT SHARING PLAN

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