Retirement plan

ING FINANCIAL SERVICES LLC 401(K) SAVINGS PLAN

Name: ING FINANCIAL SERVICES LLC - ING FINANCIAL SERVICES LLC 401(K) SAVINGS PLAN (2015) Form 5500
Creator: ING FINANCIAL SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ING FINANCIAL SERVICES LLC 401(K) SAVINGS PLAN, ING FINANCIAL SERVICES LLC

ING FINANCIAL SERVICES LLCEIN 13-3713590Plan #002PY 2015

1325 AVENUE OF THE AMERICAS - NEW YORK, NY 100196026646-424-6000LinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$185.1M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 26, 2006

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)

$225.9M

-7.5% from 2016

Total participants

1,008

-1.1% from 2016

Average account balance

$231,263

-7.1% from 2016

Annual return

0.50%

-7.85 pp from 2016

Benchmarks

See 1,335 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,335 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$454.63M

Not enough data

1 years with asset history on file

Average account balance

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

$382K

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.

1,190

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+16.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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
P & G ASSOCIATES1+ years Filed as: P&G ASSOCIATES Service code 10 · EIN 46-0548127	Accounting	$70,316
THE DEPOSITARY TRUST COMPANY1+ years Service code 40 · EIN 45-6837103	Foreign entity (e.g., an agent or bro...	$9,531
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	-$45,934

Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
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

$75 / participant

Investment mgmt$2K4.5%
Other / not subdivided$36K95.5%

% of EOY assets

0.017%

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: P & G ASSOCIATES
Auditor EIN: 223077422
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$231,263

$68,413+238.0%

$123,105+87.9%

$55,191+319.0%

Participation rate

93.8%

84.5%+9.2pp

86.8%+7.0pp

69.2%+24.6pp

Annual return

0.50%

6.30%-5.8pp

13.22%-12.7pp

10.78%-10.3pp

Employer contribution / active EE

$9,748

$3,050+219.6%

$5,151+89.2%

$1,899+413.4%

Participant deferral / active EE

$13,352

$4,490+197.3%

$6,229+114.3%

$3,046+338.3%

Admin fee / account holder

$38

$88-56.5%

$9,014-99.6%

$91-57.9%

Provider

Service type

Compensation

P & G ASSOCIATES1+ years

Filed as: P&G ASSOCIATES

Service code 10 · EIN 46-0548127

Accounting

$70,316

THE DEPOSITARY TRUST COMPANY1+ years

Service code 40 · EIN 45-6837103

Foreign entity (e.g., an agent or bro...

$9,531

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$45,934

ING FINANCIAL SERVICES LLC 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ING FINANCIAL SERVICES LLC 401(K) SAVINGS 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