Retirement plan

NEWELL BRANDS EMPLOYEE SAVINGS PLAN

Name: NEWELL OPERATING COMPANY - NEWELL BRANDS EMPLOYEE SAVINGS PLAN (2017) Form 5500
Creator: NEWELL OPERATING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWELL BRANDS EMPLOYEE SAVINGS PLAN, NEWELL OPERATING COMPANY

NEWELL OPERATING COMPANYEIN 36-1953130Plan #012PY 2017

6655 PEACHTREE DUNWOODY ROAD - ATLANTA, GA 30328770-418-7000

Other plans on this EIN

1 filing

#001Retirement-$1.28B assets

Prospect flagsHigh cashLow participationLow assets / participantLow employer contributionLow participant contributionCorrective distributions

Top hat statement on fileNQDC

Filed April 6, 2018 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

221 River Street, 13th Floor

Hoboken State: NJ Zip Code: 07030

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Newell Brands Supplemental Employee Savings Plan123 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$1885.9M

-3.3% from 2016

Total participants

56,878

+19.2% from 2016

Average account balance

$47,053

-21.1% from 2016

Annual return

108.60%

-5.53 pp from 2016

Benchmarks

See 88 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort88 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.76B

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

18,915

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$65

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 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INS. CO. Service code 50 · EIN 84-0467907	Direct Payment	$790,449
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: ADVISED ASSET GROUP LLC Service code 26 · EIN 84-1532243	Advisory (Participants)	$461,682
TROUTMAN SANDERS LLP1 year Service code 50 · EIN 58-0946915	Direct Payment	$62,372
HANCOCK ASKEW & CO., LLP1 year Filed as: HANCOCK ASKEW & CO. LLP Service code 50 · EIN 58-0662558	Direct Payment	$38,500
QDRO CONSULTANTS COMPANY, LLC1 year Service code 16 · EIN 34-1820650	Consulting	$5,100
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INV INSTIT OPERS CO., INC. Service code 50 · EIN 04-2647786	Direct Payment	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2O2R2T3H3J

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$32 / participant

Investment mgmt$462K34.0%
Other / not subdivided$896K66.0%

% of EOY assets

0.072%

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: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,053

$136,209-65.5%

$82,312-42.8%

$80,976-41.9%

Participation rate

60.9%

88.0%-27.2pp

76.9%-16.0pp

68.3%-7.4pp

Annual return

108.60%

21.54%+87.1pp

25.88%+82.7pp

22.91%+85.7pp

Employer contribution / active EE

$718

$3,633-80.2%

$2,428-70.4%

$2,402-70.1%

Participant deferral / active EE

$731

$6,693-89.1%

$3,706-80.3%

$3,848-81.0%

Admin fee / account holder

$34

$62-45.5%

$5,608-99.4%

$67-49.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INS. CO.

Service code 50 · EIN 84-0467907

Direct Payment

$790,449

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: ADVISED ASSET GROUP LLC

Service code 26 · EIN 84-1532243

Advisory (Participants)

$461,682

TROUTMAN SANDERS LLP1 year

Service code 50 · EIN 58-0946915

Direct Payment

$62,372

HANCOCK ASKEW & CO., LLP1 year

Filed as: HANCOCK ASKEW & CO. LLP

Service code 50 · EIN 58-0662558

Direct Payment

$38,500

QDRO CONSULTANTS COMPANY, LLC1 year

Service code 16 · EIN 34-1820650

Consulting

$5,100

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INV INSTIT OPERS CO., INC.

Service code 50 · EIN 04-2647786

Direct Payment

NEWELL BRANDS EMPLOYEE SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWELL BRANDS EMPLOYEE SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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