Retirement plan

US FOODS CONSOLIDATED DEFINED BENEFIT RETIREMENT PLAN

Name: US FOODS, INC. - US FOODS CONSOLIDATED DEFINED BENEFIT RETIREMENT PLAN (2017) Form 5500
Creator: US FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, US FOODS CONSOLIDATED DEFINED BENEFIT RETIREMENT PLAN, US FOODS, INC.

US FOODS, INC.EIN 36-3642294Plan #012PY 2017

9399 HIGGINS ROAD, SUITE 500 - ROSEMONT, IL 60018847-720-8000usfoods.comLinkedIn10001+ employeesfood & beverages

Other plans on this EIN

1 filing

#001Retirement-$1.65B assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed July 17, 2013 (most recent of 7 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$921.3M

-78.5% from 2016

Total participants

21,224

-81.5% from 2016

Average account balance

No prior year

Annual return

14.92%

-371.26 pp from 2016

Benchmarks

See 240 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants>=10,000

Cohort240 peers

Snapshot2017

Participant deferral / active EE

median $34

Employer contribution / active EE

$5,966

median $8,645

Participation rate

0.0%

median 0.0%

Avg account balance

median $14,491,905

Admin fee / account holder

median $81,210

Annual return

14.92%

median 13.24%

Overall peer rank

54of 100

54th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$23.67M

Average account balance

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

$60K

Participants with account balance

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

Eligible Participants and Participation

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

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$31K

Contributions per participant

Average employer and participant contribution per enrolled participant

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-96.73%

Admin fee / account holder

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

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC1 year Filed as: TOWERS WATSON DELAWARE, INC. Service code 11 · EIN 53-0181291	Actuarial	$1,113,190
BLACKROCK1 year Filed as: BLACKROCK FINANCIAL MANAGEMENT Service code 28 · EIN 13-3806691	Investment Management	$468,678
ALSTON & BIRD LLP1 year Service code 29 · EIN 58-0137615	Legal	$449,510
NISA INVESTMENT ADVISORS, LLC1 year Filed as: NISA INVESTMENT ADVISORS LLC Service code 27 · EIN 48-1140940	Advisory (Plan)	$416,815
NORTHERN TRUST COMPANY1 year Service code 21 · EIN 36-1561860	Bank Trustee	$358,327
ARROWSTREET CAPITAL1 year Filed as: ARROWSTREET CAPITAL, L.P. Service code 28 · EIN 04-3472863	Investment Management	$263,857
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: ARROWPOINT PARTNERS Service code 28 · EIN 39-2068140	Investment Management	$247,865
LAZARD ASSET MANAGEMENT1 year Service code 28 · EIN 05-0530199	Investment Management	$230,136
WILLIS TOWERS WATSON US LLC1 year Filed as: TOWERS WATSON INVESTMENT SERVICE IN Service code 17 · EIN 52-1868818	Pension Consulting	$145,500
PLANTE & MORAN, PLLC1 year Filed as: PLANTE & MORAN PLLC Service code 10 · EIN 38-1357951	Accounting	$59,500

Enrolled actuary

1 attachment

MICHAEL KRAVITZ

WILLIS TOWERS WATSON

Enrollment #1706149

233 SOUTH WACKER DRIVE

SUITE 1800

CHICAGO, IL 60606

(312) 288-7700

Signed 2018-09-17

Plan features & details

Pension benefit codes1A1C3H1B

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).
1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$8.1M

$693 / participant

Investment mgmt$2M20.3%
Other / not subdivided$6M79.7%

% of EOY assets

0.883%

all-in expense ratio

Categories reported

1 / 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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,491,905-100.0%

$350,496-100.0%

$14,491,905-100.0%

Participation rate

0.0%

5.3%-5.3pp

31.4%-31.4pp

5.3%-5.3pp

Annual return

14.92%

1057.21%-1042.3pp

12.88%+2.0pp

1057.21%-1042.3pp

Employer contribution / active EE

$5,966

$14,374-58.5%

$40,010-85.1%

$14,374-58.5%

Participant deferral / active EE

$351-100.0%

$66-100.0%

$351-100.0%

Admin fee / account holder

$81,210-100.0%

$7,226-100.0%

$81,210-100.0%

Provider

Service type

Compensation

WILLIS TOWERS WATSON US LLC1 year

Filed as: TOWERS WATSON DELAWARE, INC.

Service code 11 · EIN 53-0181291

Actuarial

$1,113,190

BLACKROCK1 year

Filed as: BLACKROCK FINANCIAL MANAGEMENT

Service code 28 · EIN 13-3806691

Investment Management

$468,678

ALSTON & BIRD LLP1 year

Service code 29 · EIN 58-0137615

Legal

$449,510

NISA INVESTMENT ADVISORS, LLC1 year

Filed as: NISA INVESTMENT ADVISORS LLC

Service code 27 · EIN 48-1140940

Advisory (Plan)

$416,815

NORTHERN TRUST COMPANY1 year

Service code 21 · EIN 36-1561860

Bank Trustee

$358,327

ARROWSTREET CAPITAL1 year

Filed as: ARROWSTREET CAPITAL, L.P.

Service code 28 · EIN 04-3472863

Investment Management

$263,857

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: ARROWPOINT PARTNERS

Service code 28 · EIN 39-2068140

Investment Management

$247,865

LAZARD ASSET MANAGEMENT1 year

Service code 28 · EIN 05-0530199

Investment Management

$230,136

WILLIS TOWERS WATSON US LLC1 year

Filed as: TOWERS WATSON INVESTMENT SERVICE IN

Service code 17 · EIN 52-1868818

Pension Consulting

$145,500

PLANTE & MORAN, PLLC1 year

Filed as: PLANTE & MORAN PLLC

Service code 10 · EIN 38-1357951

Accounting

$59,500

US FOODS CONSOLIDATED DEFINED BENEFIT RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MICHAEL KRAVITZ

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

US FOODS CONSOLIDATED DEFINED BENEFIT RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MICHAEL KRAVITZ

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