Retirement plan

FOSTER WHEELER INC. SALARIED EMPLOYEES PENSION PLAN

Name: AMEC FOSTER WHEELER, INC. - FOSTER WHEELER INC. SALARIED EMPLOYEES PENSION PLAN (2016) Form 5500
Creator: AMEC FOSTER WHEELER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOSTER WHEELER INC. SALARIED EMPLOYEES PENSION PLAN, AMEC FOSTER WHEELER, INC.

AMEC FOSTER WHEELER, INC.EIN 22-3800664Plan #002PY 2016

1105 LAKEWOOD PARKWAY, SUITE 300 - ALPHARETTA, GA 30009770-360-0600

Other plans on this EIN

1 filing

#003Retirement-$708K assets

Prospect flagsHigh retiree %Low returnsWind-down / frozen

How to read this page

Total assets (EOY)

$247.7M

-8.5% from 2015

Total participants

4,765

-2.3% from 2015

Average account balance

No prior year

Annual return

1.10%

+4.32 pp from 2015

Benchmarks

See 146 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined benefit

Participants100-249

Cohort146 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.49M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

2,578

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$733K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$92K

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

+1.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 7 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.2+ years Filed as: STRATEGIC INVESTMENT GROUP Service code 28 · EIN 04-2654524	Investment Management	$916,038
MILLIMAN, INC.2+ years Service code 11 · EIN 91-0675641	Actuarial	$775,019
STATE STREET GLOBAL ADVISORS2+ years Filed as: STATE STREET Service code 14 · EIN 04-1867445	Plan Administrator	$194,222
ELLWOOD ASSOCIATES1 year Filed as: J.H. ELLWOOD & ASSOCIATES, INC. Service code 27 · EIN 36-3121777	Advisory (Plan)	$54,017
AXA EQUITABLE LIFE INSURANCE CO2+ years Filed as: AXA EQUITABLE LIFE INSURANCE CO. Service code 28 · EIN 13-5570651	Investment Management	$32,896
WELLINGTON TRUST COMPANY2+ years Filed as: WELLINGTON TRUST CO. Service code 27 · EIN 04-2755549	Advisory (Plan)	$16,970
FRANKLIN TEMPLETON2+ years Service code 27 · EIN 13-2670991	Advisory (Plan)	$8,198

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C3H1I

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
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.

Expense breakdown

Schedule H Part II

Admin total

$4.2M

$20466 / participant

Investment mgmt$1M33.2%
Other / not subdivided$3M66.8%

% of EOY assets

1.710%

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: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,677-100.0%

$264,156-100.0%

$49,677-100.0%

Participation rate

0.0%

0.0%0pp

45.6%-45.6pp

3.6%-3.6pp

Annual return

1.10%

4.43%-3.3pp

4.74%-3.6pp

11.88%-10.8pp

Employer contribution / active EE

$35,917-100.0%

$46,220-100.0%

$14,612-100.0%

Participant deferral / active EE

$1,335-100.0%

$248-100.0%

$518-100.0%

Admin fee / account holder

$637-100.0%

$12,050-100.0%

$637-100.0%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.2+ years

Filed as: STRATEGIC INVESTMENT GROUP

Service code 28 · EIN 04-2654524

Investment Management

$916,038

MILLIMAN, INC.2+ years

Service code 11 · EIN 91-0675641

Actuarial

$775,019

STATE STREET GLOBAL ADVISORS2+ years

Filed as: STATE STREET

Service code 14 · EIN 04-1867445

Plan Administrator

$194,222

ELLWOOD ASSOCIATES1 year

Filed as: J.H. ELLWOOD & ASSOCIATES, INC.

Service code 27 · EIN 36-3121777

Advisory (Plan)

$54,017

AXA EQUITABLE LIFE INSURANCE CO2+ years

Filed as: AXA EQUITABLE LIFE INSURANCE CO.

Service code 28 · EIN 13-5570651

Investment Management

$32,896

WELLINGTON TRUST COMPANY2+ years

Filed as: WELLINGTON TRUST CO.

Service code 27 · EIN 04-2755549

Advisory (Plan)

$16,970

FRANKLIN TEMPLETON2+ years

Service code 27 · EIN 13-2670991

Advisory (Plan)

$8,198

FOSTER WHEELER INC. SALARIED EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOSTER WHEELER INC. SALARIED EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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