Retirement plan

FEDERATED INVESTORS, INC. EMPLOYEES PROFIT SHARING / 401(K) PLAN

Name: FEDERATED INVESTORS, INC. - FEDERATED INVESTORS, INC. EMPLOYEES PROFIT SHARING / 401(K) PLAN (2019) Form 5500
Creator: FEDERATED INVESTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FEDERATED INVESTORS, INC. EMPLOYEES PROFIT SHARING / 401(K) PLAN, FEDERATED INVESTORS, INC.

FEDERATED INVESTORS, INC.EIN 25-1111467Plan #001PY 2019

1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER - PITTSBURGH, PA 15222412-288-8249federatedhermes.comLinkedIn1001-5000 employeesfinancial services

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$509M

-7.1% from 2016

Total participants

1,802

-4.5% from 2016

Average account balance

$282,787

-6.6% from 2016

Annual return

22.84%

-7.35 pp from 2016

Benchmarks

See 551 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort551 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$693.52M

Not enough data

1 years with asset history on file

Average account balance

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

$374K

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.

1,855

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+17.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$143,230
ERNST & YOUNG LLP1 year Filed as: ERNST & YOUNG, LLP Service code 10 · EIN 34-6565596 2100 ONE PPG PLAZA · PITTSBURGH, PA 15222	Accounting	$40,230
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & COMPANY Service code 71 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 941051965	Brokerage Fees	$2,857
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB & CO., INC Service code 71	Brokerage Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2F2T

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.
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.

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$183K

$139 / participant

Contract admin$183K100.0%

% of EOY assets

0.036%

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: ERNST AND YOUNG
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$282,787

$95,776+195.3%

$162,185+74.4%

$77,775+263.6%

Participation rate

99.8%

88.6%+11.2pp

87.6%+12.3pp

73.2%+26.6pp

Annual return

22.84%

37.03%-14.2pp

115.61%-92.8pp

32.58%-9.7pp

Employer contribution / active EE

$4,855

$3,874+25.3%

$5,613-13.5%

$2,504+93.9%

Participant deferral / active EE

$10,474

$6,125+71.0%

$7,297+43.5%

$3,966+164.1%

Admin fee / account holder

$102

$88+16.1%

$10,844-99.1%

$100+1.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$143,230

ERNST & YOUNG LLP1 year

Filed as: ERNST & YOUNG, LLP

Service code 10 · EIN 34-6565596

2100 ONE PPG PLAZA · PITTSBURGH, PA 15222

Accounting

$40,230

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & COMPANY

Service code 71 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 941051965

Brokerage Fees

$2,857

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB & CO., INC

Service code 71

Brokerage Fees

FEDERATED INVESTORS, INC. EMPLOYEES PROFIT SHARING / 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FEDERATED INVESTORS, INC. EMPLOYEES PROFIT SHARING / 401(K) 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