Retirement plan

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS

Name: KELLOGG BROWN & ROOT LLC - KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS (2020) 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, KELLOGG BROWN & ROOT LLC

KELLOGG BROWN & ROOT LLCEIN 20-3897734Plan #007PY 2020

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

Other plans on this EIN

3 filings

#003Retirement-$55.6M assets #001Retirement-$25.6M assets #010Retirement-$1.4M assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2159.9M

+9.5% from 2016

Total participants

13,158

+52.7% from 2016

Average account balance

$195,345

-28.9% from 2016

Annual return

10.84%

-0.70 pp from 2016

Benchmarks

See 74 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants5,000-9,999

Cohort74 peers

Snapshot2020

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 5 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,187,850
CURCIO WEBB1 year Service code 27 · EIN 36-4171366	Advisory (Plan)	$49,908
VINSON & ELKINS LLP1 year Service code 29 · EIN 74-1183015	Legal	$19,272
WEAVER AND TIDWELL, LLP1 year Filed as: WEAVER & TIDWELL LLP Service code 10 · EIN 75-0786316	Accounting	$14,500
RR DONNELLEY1 year Service code 38 · EIN 36-1004130	Participant Communication	$10,500

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$238 / participant

Other / not subdivided$1M100.0%

% of EOY assets

0.059%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL LLP
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,345

$73,497+165.8%

$101,275+92.9%

$93,223+109.5%

Participation rate

60.8%

84.5%-23.8pp

75.8%-15.0pp

74.9%-14.1pp

Annual return

10.84%

11.66%-0.8pp

46.46%-35.6pp

19.29%-8.4pp

Employer contribution / active EE

$3,709

$3,600+3.0%

$3,660+1.3%

$2,680+38.4%

Participant deferral / active EE

$6,678

$3,303+102.2%

$4,370+52.8%

$4,563+46.3%

Admin fee / account holder

$115

$121-4.6%

$5,948-98.1%

$79+45.8%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,187,850

CURCIO WEBB1 year

Service code 27 · EIN 36-4171366

Advisory (Plan)

$49,908

VINSON & ELKINS LLP1 year

Service code 29 · EIN 74-1183015

Legal

$19,272

WEAVER AND TIDWELL, LLP1 year

Filed as: WEAVER & TIDWELL LLP

Service code 10 · EIN 75-0786316

Accounting

$14,500

RR DONNELLEY1 year

Service code 38 · EIN 36-1004130

Participant Communication

$10,500

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KELLOGG BROWN & ROOT, INC. RETIREMENT AND SAVINGS

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