Retirement plan

KPMG 401(K) PLAN

Name: KPMG LLP - KPMG 401(K) PLAN (2017) Form 5500
Creator: KPMG LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KPMG 401(K) PLAN, KPMG LLP

KPMG LLPEIN 13-5565207Plan #011PY 2017

3 CHESTNUT RIDGE ROAD - MONTVALE, NJ 07645201-307-8220

Other plans on this EIN

5 filings

#016Retirement-$2.22B assets #018Retirement-$1.29B assets #017Retirement-$454.9M assets #013Retirement-$434.5M assets #021Retirement-$11.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 14, 2009

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)

$4961.2M

+22.1% from 2016

Total participants

45,442

+3.9% from 2016

Average account balance

$122,745

+15.4% from 2016

Annual return

19.83%

+8.03 pp from 2016

Benchmarks

See 70 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort70 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.49B

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

54,737

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$858.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+16.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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 8 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 15 · EIN 13-5674085	Recordkeeping	$1,526,587
ROCATON INVESTMENT ADVISORS, LLC2 years Filed as: ROCATON INV ADV Service code 27 · EIN 20-0558591	Advisory (Plan)	$138,214
GRANT THORNTON LLP3+ years Service code 10 · EIN 36-6055558	Accounting	$85,820
GALLAGHER FIDUCIARY ADVISORS, LLC2 years Filed as: WILLKIE FARR & GALLAGHER Service code 29 · EIN 13-5536844	Legal	$81,989
WILLIS TOWERS WATSON US LLC3+ years Filed as: TOWERS WATSON Service code 15 · EIN 53-0181291	Recordkeeping	$69,695
UNITED FORMS FINISHING2 years Service code 36 · EIN 22-2378813	Copying and duplicating; Direct payme...	$45,388
KPMG LLP3+ years Filed as: KPMG Service code 10 · EIN 13-5565207	Accounting	$14,532
DARWILL3+ years Service code 38 · EIN 36-2516066	Participant Communication	$12,448

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2.5M

$77 / participant

Investment mgmt$194K7.8%
Other / not subdivided$2M92.2%

% of EOY assets

0.050%

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: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,745

$80,506+52.5%

$136,298-9.9%

$80,976+51.6%

Participation rate

84.5%

61.9%+22.6pp

81.9%+2.5pp

68.3%+16.2pp

Annual return

19.83%

27.70%-7.9pp

5156.27%-5136.4pp

22.91%-3.1pp

Employer contribution / active EE

$2,174

$1,943+11.9%

$4,696-53.7%

$2,402-9.5%

Participant deferral / active EE

$8,520

$4,601+85.2%

$6,247+36.4%

$3,848+121.4%

Admin fee / account holder

$62

$72-14.3%

$9,244-99.3%

$67-8.7%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH, PIERCE, FENNER

Service code 15 · EIN 13-5674085

Recordkeeping

$1,526,587

ROCATON INVESTMENT ADVISORS, LLC2 years

Filed as: ROCATON INV ADV

Service code 27 · EIN 20-0558591

Advisory (Plan)

$138,214

GRANT THORNTON LLP3+ years

Service code 10 · EIN 36-6055558

Accounting

$85,820

GALLAGHER FIDUCIARY ADVISORS, LLC2 years

Filed as: WILLKIE FARR & GALLAGHER

Service code 29 · EIN 13-5536844

Legal

$81,989

WILLIS TOWERS WATSON US LLC3+ years

Filed as: TOWERS WATSON

Service code 15 · EIN 53-0181291

Recordkeeping

$69,695

UNITED FORMS FINISHING2 years

Service code 36 · EIN 22-2378813

Copying and duplicating; Direct payme...

$45,388

KPMG LLP3+ years

Filed as: KPMG

Service code 10 · EIN 13-5565207

Accounting

$14,532

DARWILL3+ years

Service code 38 · EIN 36-2516066

Participant Communication

$12,448

KPMG 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KPMG 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