Retirement plan

T-SYSTEMS NORTH AMERICA, INC. 401(K) RETIREMENT PLAN

Name: T-SYSTEMS NORTH AMERICA, INC. - T-SYSTEMS NORTH AMERICA, INC. 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: T-SYSTEMS NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, T-SYSTEMS NORTH AMERICA, INC. 401(K) RETIREMENT PLAN, T-SYSTEMS NORTH AMERICA, INC.

T-SYSTEMS NORTH AMERICA, INC.EIN 13-3571176Plan #003PY 2017

3499 HAMLIN ROAD - ROCHESTER HILLS, MI 48309248-754-5800LinkedIn1-10 employeesinformation technology and services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$146.4M

+17.5% from 2016

Total participants

859

-7.8% from 2016

Average account balance

$171,423

+27.5% from 2016

Annual return

18.34%

+11.13 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$186.70M

Not enough data

1 years with asset history on file

Average account balance

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

$383K

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.

488

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930	Recordkeeping	$39,307
THE VANGUARD GROUP, INC.1 year Filed as: THE VANGUARD COMPANY, INC. Service code 64	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

$37K

$82 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

The opinion is qualified. A specific issue limited the scope or accuracy of the audit.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Qualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,423

$65,592+161.3%

$90,160+90.1%

$69,631+146.2%

Participation rate

98.9%

77.6%+21.3pp

76.9%+22.0pp

70.7%+28.2pp

Annual return

18.34%

57.10%-38.8pp

34.88%-16.5pp

27571.02%-27552.7pp

Employer contribution / active EE

$10,645

$2,193+385.4%

$3,318+220.8%

$2,032+423.8%

Participant deferral / active EE

$9,355

$5,257+78.0%

$5,288+76.9%

$3,224+190.2%

Admin fee / account holder

$43

$86-49.7%

$5,943-99.3%

$110-61.0%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.3+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$39,307

THE VANGUARD GROUP, INC.1 year

Filed as: THE VANGUARD COMPANY, INC.

Service code 64

Recordkeeping Fees

T-SYSTEMS NORTH AMERICA, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

T-SYSTEMS NORTH AMERICA, INC. 401(K) RETIREMENT 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