Retirement plan

TECHNIPFMC RETIREMENT SAVINGS PLAN

Name: FMC TECHNOLOGIES, INC. - TECHNIPFMC RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: FMC TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECHNIPFMC RETIREMENT SAVINGS PLAN, FMC TECHNOLOGIES, INC.

FMC TECHNOLOGIES, INC.EIN 36-4412642Plan #002PY 2019

11740 KATY FREEWAY - HOUSTON, TX 77079281-591-4000fmctechnologies.comLinkedIn10001+ employeesoil & energy

Other plans on this EIN

1 filing

#001Retirement-$519.1M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed November 26, 2001

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.

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Total assets (EOY)

$1335.5M

-6.6% from 2016

Total participants

10,708

+14.5% from 2016

Average account balance

$126,779

-18.2% from 2016

Annual return

22.82%

-20.00 pp from 2016

Benchmarks

See 118 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort118 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36B

Not enough data

1 years with asset history on file

Average account balance

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

$196K

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.

6,920

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$67.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$119

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY INV. INTS. OP. CO. INC. Service code 37 · EIN 04-2647786	Loan Processing	$1,020,508
STRATEGIC ADVISORS, INC.2 years Filed as: STRATEGIC ADVISORS INC Service code 27 · EIN 04-2654524	Advisory (Plan)	$198,594
RESOURCE GLOBAL PROFESSIONALS (RGP)2 years Filed as: RESOURCES GLOBAL PROFESSIONALS Service code 10 · EIN 33-0832424	Accounting	$146,027
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS,LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$78,856
STATE STREET GLOBAL ADVISORS3 years Filed as: STATE STREET GLB ADVISOR TRUST COM Service code 49 · EIN 81-4017137	Other Services	$49,999
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Filed as: MCCONNELL AND JONES LLP Service code 10 · EIN 76-0488832	Accounting	$35,703
FIDUCIARYVEST LLC2 years Filed as: FIDUCIARYVEST, LLC Service code 27 · EIN 20-2217636	Advisory (Plan)	$26,149

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.6M

$254 / participant

Investment mgmt$304K19.4%
Contract admin$1M65.2%
Other / not subdivided$241K15.4%

% of EOY assets

0.117%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCONNELL & JONES, LLP
Auditor EIN: 760488832
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$126,779

$117,238+8.1%

$87,102+45.6%

$82,204+54.2%

Participation rate

97.2%

87.2%+9.9pp

76.9%+20.3pp

73.4%+23.8pp

Annual return

22.82%

25.80%-3.0pp

28.19%-5.4pp

26.31%-3.5pp

Employer contribution / active EE

$7,551

$3,535+113.6%

$2,521+199.5%

$2,707+178.9%

Participant deferral / active EE

$9,814

$5,976+64.2%

$4,048+142.4%

$4,246+131.2%

Admin fee / account holder

$149

$81+82.8%

$7,493-98.0%

$76+96.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY INV. INTS. OP. CO. INC.

Service code 37 · EIN 04-2647786

Loan Processing

$1,020,508

STRATEGIC ADVISORS, INC.2 years

Filed as: STRATEGIC ADVISORS INC

Service code 27 · EIN 04-2654524

Advisory (Plan)

$198,594

RESOURCE GLOBAL PROFESSIONALS (RGP)2 years

Filed as: RESOURCES GLOBAL PROFESSIONALS

Service code 10 · EIN 33-0832424

Accounting

$146,027

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS,LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$78,856

STATE STREET GLOBAL ADVISORS3 years

Filed as: STATE STREET GLB ADVISOR TRUST COM

Service code 49 · EIN 81-4017137

Other Services

$49,999

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Filed as: MCCONNELL AND JONES LLP

Service code 10 · EIN 76-0488832

Accounting

$35,703

FIDUCIARYVEST LLC2 years

Filed as: FIDUCIARYVEST, LLC

Service code 27 · EIN 20-2217636

Advisory (Plan)

$26,149

TECHNIPFMC RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHNIPFMC RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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