Retirement plan

HUBBELL INCORPORATED EMPLOYEE SAVINGS & INVESTMENT PLAN

Name: HUBBELL INCORPORATED - HUBBELL INCORPORATED EMPLOYEE SAVINGS & INVESTMENT PLAN (2024) Form 5500
Creator: HUBBELL INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUBBELL INCORPORATED EMPLOYEE SAVINGS & INVESTMENT PLAN, HUBBELL INCORPORATED

HUBBELL INCORPORATEDEIN 06-0397030Plan #060PY 2024

40 WATERVIEW DRIVE, PO BOX 1000 - SHELTON, CT 06484475-882-4000

Other plans on this EIN

3 filings

#041Retirement-$317.7M assets #007Retirement-$129.7M assets #061Retirement-$58.0M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed April 29, 2010 (most recent of 2 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

How to read this page

Total assets (EOY)

$1241.1M

-8.3% from 2016

Total participants

10,546

+0.3% from 2016

Average account balance

$119,807

-8.8% from 2016

Annual return

16.00%

-6.76 pp from 2016

Benchmarks

See 128 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort128 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24B

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

10,359

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 5 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE RPS INC Service code 15 · EIN 52-1714114	Recordkeeping	$535,417
FINANCIAL ANSWERS1 year Service code 26 335 MOUNTAIN RD · SOMERS, CT 06071	Advisory (Participants)	$352,711
FINANCIAL ENGINES10+ years Service code 26 1050 ENTERPRISE WAY · SUNNYVALE, CA 94089	Advisory (Participants)	$118,270
PFK O'CONNOR DAVIES, LLP1 year Filed as: PFK O'CONNOR DAVIES Service code 10 P.O. BOX 5381 · DEPTFORD, NJ 08096	Accounting	$23,834
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$15,954

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3F3H

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$146 / participant

Recordkeeping$16K1.4%
Other / not subdivided$1M98.6%

% of EOY assets

0.090%

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: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,807

$159,391-24.8%

$102,460+16.9%

$99,313+20.6%

Participation rate

97.5%

88.6%+9.0pp

76.5%+21.0pp

71.7%+25.8pp

Annual return

16.00%

19.03%-3.0pp

29.47%-13.5pp

17.67%-1.7pp

Employer contribution / active EE

$6,239

$4,207+48.3%

$3,025+106.2%

$3,264+91.1%

Participant deferral / active EE

$7,549

$7,498+0.7%

$5,056+49.3%

$5,346+41.2%

Admin fee / account holder

$108

$159-32.2%

$9,460-98.9%

$109-1.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE RPS INC

Service code 15 · EIN 52-1714114

Recordkeeping

$535,417

FINANCIAL ANSWERS1 year

Service code 26

335 MOUNTAIN RD · SOMERS, CT 06071

Advisory (Participants)

$352,711

FINANCIAL ENGINES10+ years

Service code 26

1050 ENTERPRISE WAY · SUNNYVALE, CA 94089

Advisory (Participants)

$118,270

PFK O'CONNOR DAVIES, LLP1 year

Filed as: PFK O'CONNOR DAVIES

Service code 10

P.O. BOX 5381 · DEPTFORD, NJ 08096

Accounting

$23,834

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$15,954

HUBBELL INCORPORATED EMPLOYEE SAVINGS & INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUBBELL INCORPORATED EMPLOYEE SAVINGS & INVESTMENT 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