Filed April 18, 2019
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 38-3370067 | Contract Administrator | $395,721 |
NEW ENGLAND PENSION CONSULTANTS9+ years Service code 16 · EIN 26-1429809 | Consulting | $190,682 |
Filed as: THYSSENKRUPP NORTH AMERICA, LLC. Service code 14 · EIN 22-2393554 | Plan Administrator | $187,927 |
THE BANK OF NEW YORK MELLON5 years Filed as: BANK OF NEW YORK MELLON Service code 21 · EIN 13-5160382 | Bank Trustee | $129,116 |
Filed as: WILLIS TOWERS WATSON US, LLC. Service code 11 · EIN 53-0181291 | Actuarial | $117,209 |
PLANTE & MORAN, PLLC6 years Filed as: PLANTE & MORAN HOLDING GROUP LLP Service code 10 · EIN 33-1498605 | Accounting | $85,669 |
SEYFARTH SHAW LLP7 years Service code 29 · EIN 36-2152202 | Legal | $12,686 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $330,599-100.0% | - | $330,599-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 0.0%0pp | 43.7%-43.7pp |
| Annual return | 12.73% | 0.38%+12.4pp | 3.39%+9.3pp | 13.05%-0.3pp |
| Employer contribution / active EE | $0 | $47,609-100.0% | $31,780-100.0% | $37,664-100.0% |
| Participant deferral / active EE | $0 | $0 | $83-100.0% | $48-100.0% |
| Admin fee / account holder | $0 | $31,365-100.0% | - | $31,365-100.0% |