Retirement plan

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS PLAN

Name: KELLOGG BROWN & ROOT LLC - KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS PLAN (2018) Form 5500
Creator: KELLOGG BROWN & ROOT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS PLAN, KELLOGG BROWN & ROOT LLC

KELLOGG BROWN & ROOT LLCEIN 20-3897734Plan #007PY 2018

601 JEFFERSON AVE - HOUSTON, TX 770027900713-753-8060LinkedIn11-50 employeesconstruction

Other plans on this EIN

3 filings

#003Retirement-$46.5M assets #001Retirement-$21.2M assets #010Retirement-$1.3M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$1886.4M

+9.5% from 2016

Total participants

11,062

+52.7% from 2016

Average account balance

$179,348

-28.9% from 2016

Annual return

-3.44%

-0.70 pp from 2016

Benchmarks

See 405 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort405 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.88B

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

24,011

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

$66.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+108.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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 9 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.4+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,022,006
GOLDMAN SACHS3 years Filed as: GOLDMAN SACHS ASSET MANAGEMENT LP Service code 28 · EIN 13-3575636	Investment Management	$429,721
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASS MUTUAL Service code 28 · EIN 04-1590850	Investment Management	$220,324
PACIFIC LIFE INSURANCE4+ years Service code 67 · EIN 95-1079000	Other insurance wrap fees	$197,412
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA Service code 28 · EIN 06-1440627	Investment Management	$118,404
STATE STREET GLOBAL ADVISORS4+ years Filed as: STATE STREET BANK & TRUST Service code 25 · EIN 04-1867445	Directed Trustee	$89,366
DODGE & COX4+ years Service code 28 · EIN 94-1441976	Investment Management	$83,801
MERCER1 year Filed as: MERCER INVESTMENT CONSULTING, LLC Service code 27 · EIN 61-0736114	Advisory (Plan)	$54,844
VINSON & ELKINS LLP3 years Filed as: VINSON & ELKINS, LLP Service code 29 · EIN 74-1183015	Legal	$6,646

Plan features & details

Pension benefit codes2E2F2G2J2K2O2T3H

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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$685 / participant

Other / not subdivided$2M100.0%

% of EOY assets

0.118%

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: MELTON & MELTON LLP
Auditor EIN: 741550819
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$179,348

$60,396+197.0%

$83,831+113.9%

$75,289+138.2%

Participation rate

83.3%

80.7%+2.6pp

76.1%+7.2pp

72.4%+10.9pp

Annual return

-3.44%

3.84%-7.3pp

850.99%-854.4pp

-0.04%-3.4pp

Employer contribution / active EE

$5,714

$3,343+70.9%

$3,631+57.4%

$2,405+137.6%

Participant deferral / active EE

$10,735

$2,922+267.3%

$4,082+163.0%

$3,739+187.1%

Admin fee / account holder

$212

$141+50.1%

$5,479-96.1%

$102+107.2%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,022,006

GOLDMAN SACHS3 years

Filed as: GOLDMAN SACHS ASSET MANAGEMENT LP

Service code 28 · EIN 13-3575636

Investment Management

$429,721

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASS MUTUAL

Service code 28 · EIN 04-1590850

Investment Management

$220,324

PACIFIC LIFE INSURANCE4+ years

Service code 67 · EIN 95-1079000

Other insurance wrap fees

$197,412

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA

Service code 28 · EIN 06-1440627

Investment Management

$118,404

STATE STREET GLOBAL ADVISORS4+ years

Filed as: STATE STREET BANK & TRUST

Service code 25 · EIN 04-1867445

Directed Trustee

$89,366

DODGE & COX4+ years

Service code 28 · EIN 94-1441976

Investment Management

$83,801

MERCER1 year

Filed as: MERCER INVESTMENT CONSULTING, LLC

Service code 27 · EIN 61-0736114

Advisory (Plan)

$54,844

VINSON & ELKINS LLP3 years

Filed as: VINSON & ELKINS, LLP

Service code 29 · EIN 74-1183015

Legal

$6,646

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS 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