Retirement plan

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION RETIREMENT PLAN

Name: SCIENCE APPLICATIONS INTERNATIONAL CORPORATION - SCIENCE APPLICATIONS INTERNATIONAL CORPORATION RETIREMENT PLAN (2020) Form 5500
Creator: SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCIENCE APPLICATIONS INTERNATIONAL CORPORATION RETIREMENT PLAN, SCIENCE APPLICATIONS INTERNATIONAL CORPORATION

SCIENCE APPLICATIONS INTERNATIONAL CORPORATIONEIN 30-6419427Plan #001PY 2020

12010 SUNSET HILLS ROAD - RESTON, VA 20190703-676-6427LinkedIn51-200 employeesmanagement consulting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$4660.6M

+54.5% from 2019

Total participants

36,357

+60.2% from 2019

Average account balance

$154,520

-14.4% from 2019

Annual return

57.39%

+30.64 pp from 2019

Benchmarks

See 83 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort83 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.99B

Not enough data

1 years with asset history on file

Average account balance

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

$190K

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.

31,493

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$318.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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	$1,759,532
LOCKTON INVESTMENT ADVISORS, LLC1 year Filed as: LOCKTON INV. ADVISORS LLC Service code 16 · EIN 20-8874282	Consulting	$85,000
BAILEY AND LUMB PC1 year Filed as: BAILEY & LUMB, P.C. Service code 16 · EIN 46-0536663	Consulting	$50,610
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INT INVESTMENT OP CO Service code 16 · EIN 04-3532603	Consulting	$43,099
MAYER HOFFMAN MCCANN P.C.1 year Filed as: MAYER HOFFMAN MCCANN PC Service code 10 · EIN 43-1947695	Accounting	$17,600

Plan features & details

Pension benefit codes2E2F2H2J2K2T3H2O

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$79 / participant

Other / not subdivided$2M100.0%

% of EOY assets

0.041%

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: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,520

$97,018+59.3%

$149,715+3.2%

$106,222+45.5%

Participation rate

74.7%

67.0%+7.8pp

82.5%-7.7pp

70.8%+3.9pp

Annual return

57.39%

24.13%+33.3pp

276.66%-219.3pp

21.69%+35.7pp

Employer contribution / active EE

$3,031

$2,520+20.3%

$4,645-34.8%

$2,723+11.3%

Participant deferral / active EE

$7,936

$5,988+32.5%

$6,842+16.0%

$4,600+72.5%

Admin fee / account holder

$64

$72-11.2%

$9,310-99.3%

$78-18.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,759,532

LOCKTON INVESTMENT ADVISORS, LLC1 year

Filed as: LOCKTON INV. ADVISORS LLC

Service code 16 · EIN 20-8874282

Consulting

$85,000

BAILEY AND LUMB PC1 year

Filed as: BAILEY & LUMB, P.C.

Service code 16 · EIN 46-0536663

Consulting

$50,610

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INT INVESTMENT OP CO

Service code 16 · EIN 04-3532603

Consulting

$43,099

MAYER HOFFMAN MCCANN P.C.1 year

Filed as: MAYER HOFFMAN MCCANN PC

Service code 10 · EIN 43-1947695

Accounting

$17,600

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION RETIREMENT 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