Retirement plan

QUAKER CHEMICAL CORPORATION PENSION PLAN

Name: QUAKER CHEMICAL CORPORATION - QUAKER CHEMICAL CORPORATION PENSION PLAN (2020) Form 5500
Creator: QUAKER CHEMICAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUAKER CHEMICAL CORPORATION PENSION PLAN, QUAKER CHEMICAL CORPORATION

QUAKER CHEMICAL CORPORATIONEIN 23-0993790Plan #111PY 2020

ONE QUAKER PARK, 901 E.HECTOR STREET - CONSHOHOCKEN, PA 19428610-832-4000quakerchem.comLinkedIn1001-5000 employeeschemicals

Other plans on this EIN

1 filing

#112Retirement-$260.7M assets

Prospect flagsRecently cancelled planWind-down / frozen

How to read this page

Total assets (EOY)

-3.5% from 2017

Total participants

+23.0% from 2017

Average account balance

No prior year

Annual return

0.98%

-10.38 pp from 2017

Benchmarks

See 659 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined benefit

Participants<25

Cohort659 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$170K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.98%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MERCER5+ years Service code 11 · EIN 13-2834414	Actuarial	$440,393
MERCER4 years Filed as: MERCER INVESTMENT MANAGEMENT Service code 51 · EIN 30-0282430	Investment Mgmt Fees	$50,494
PNC BANK, N.A.5+ years Filed as: PNC BANK Service code 21 · EIN 22-1146430	Bank Trustee	$20,130

Plan features & details

Pension benefit codes1A1C1H1I

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).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
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.

Opportunity flags

2 tripped

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.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$361K

Other / not subdivided$361K100.0%

% of EOY assets

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: BAKER TILLY US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,737-100.0%

$91,826-100.0%

$254,173-100.0%

Participation rate

0.0%

10.0%-10.0pp

4.7%-4.7pp

43.1%-43.1pp

Annual return

0.98%

4.61%-3.6pp

793.01%-792.0pp

259.19%-258.2pp

Employer contribution / active EE

$40,806-100.0%

$27,004-100.0%

$41,472-100.0%

Participant deferral / active EE

$155-100.0%

$154-100.0%

$153-100.0%

Admin fee / account holder

$9,698-100.0%

$4,239-100.0%

$21,502-100.0%

Provider

Service type

Compensation

MERCER5+ years

Service code 11 · EIN 13-2834414

Actuarial

$440,393

MERCER4 years

Filed as: MERCER INVESTMENT MANAGEMENT

Service code 51 · EIN 30-0282430

Investment Mgmt Fees

$50,494

PNC BANK, N.A.5+ years

Filed as: PNC BANK

Service code 21 · EIN 22-1146430

Bank Trustee

$20,130

QUAKER CHEMICAL CORPORATION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUAKER CHEMICAL CORPORATION PENSION 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