Retirement plan

CONSUMERS ENERGY COMPANY PENSION PLAN

Name: CONSUMERS ENERGY COMPANY - CONSUMERS ENERGY COMPANY PENSION PLAN (2016) Form 5500
Creator: CONSUMERS ENERGY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSUMERS ENERGY COMPANY PENSION PLAN, CONSUMERS ENERGY COMPANY

CONSUMERS ENERGY COMPANYEIN 38-0442310Plan #001PY 2016

ONE ENERGY PLAZA - JACKSON, MI 492012276517-788-1205consumersenergy.comLinkedIn5001-10000 employeesutilities

Other plans on this EIN

1 filing

#002Retirement-$1.32B assets

Prospect flagsHigh retiree %

Top hat statement on fileNQDC

Filed October 11, 2014 (most recent of 6 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.

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Total assets (EOY)

$2402.4M

+4.6% from 2015

Total participants

12,154

-2.1% from 2015

Average account balance

No prior year

Annual return

7.72%

+9.59 pp from 2015

Benchmarks

See 52 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants1,000-4,999

Cohort52 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.40B

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

6,967

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 9 by compensation

Provider	Service type	Compensation
GRYPHON INTERNATIONAL INVESTMENT CO2+ years Filed as: GRYPHON INTERNATIONAL INVESTMENT Service code 28 · EIN 98-0444411	Investment Management	$956,411
GRANTHAM, MAYO, VAN OTTERLOO & CO.2+ years Filed as: GRANTHAM MAYO VANOTTERLOO & CO Service code 28 · EIN 04-2691242	Investment Management	$865,290
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INVEST INSTIT OPER CO Service code 15 · EIN 04-2647786	Recordkeeping	$809,367
WELLINGTON TRUST COMPANY2+ years Filed as: WELLINGTON MANAGEMENT Service code 28 · EIN 04-1683227	Investment Management	$716,281
NEW ENGLAND PENSION CONSULTANTS2+ years Service code 16 · EIN 04-2927339	Consulting	$217,510
COMERICA BANK2+ years Service code 19 · EIN 42-1741646	Securities Custodian	$217,328
MANULIFE ASSET MANAGEMENT2+ years Service code 28 · EIN 45-2395022	Investment Management	$212,761
AON CONSULTING2+ years Filed as: AON HEWITT Service code 11 · EIN 36-2235791	Actuarial	$181,329
BLACKROCK2+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 28 · EIN 94-3112180	Investment Management	$71,036

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C1E3F3H

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).
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).
1E
Section 401(h) arrangement
Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$4.2M

$1020 / participant

Investment mgmt$4M100.0%

% of EOY assets

0.174%

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: REHMANN ROBSON LLC
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$381,942,733-100.0%

$14,339-100.0%

$381,942,733-100.0%

Participation rate

0.0%

0.0%0pp

17.0%-17.0pp

0.0%0pp

Annual return

7.72%

9.70%-2.0pp

1.15%+6.6pp

9.19%-1.5pp

Employer contribution / active EE

$24,349

$15,369+58.4%

$26,339-7.6%

$12,608+93.1%

Participant deferral / active EE

$317-100.0%

$178-100.0%

$1,615-100.0%

Admin fee / account holder

$2,655,710-100.0%

$3,605-100.0%

$2,655,710-100.0%

Provider

Service type

Compensation

GRYPHON INTERNATIONAL INVESTMENT CO2+ years

Filed as: GRYPHON INTERNATIONAL INVESTMENT

Service code 28 · EIN 98-0444411

Investment Management

$956,411

GRANTHAM, MAYO, VAN OTTERLOO & CO.2+ years

Filed as: GRANTHAM MAYO VANOTTERLOO & CO

Service code 28 · EIN 04-2691242

Investment Management

$865,290

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INVEST INSTIT OPER CO

Service code 15 · EIN 04-2647786

Recordkeeping

$809,367

WELLINGTON TRUST COMPANY2+ years

Filed as: WELLINGTON MANAGEMENT

Service code 28 · EIN 04-1683227

Investment Management

$716,281

NEW ENGLAND PENSION CONSULTANTS2+ years

Service code 16 · EIN 04-2927339

Consulting

$217,510

COMERICA BANK2+ years

Service code 19 · EIN 42-1741646

Securities Custodian

$217,328

MANULIFE ASSET MANAGEMENT2+ years

Service code 28 · EIN 45-2395022

Investment Management

$212,761

AON CONSULTING2+ years

Filed as: AON HEWITT

Service code 11 · EIN 36-2235791

Actuarial

$181,329

BLACKROCK2+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 28 · EIN 94-3112180

Investment Management

$71,036

CONSUMERS ENERGY COMPANY PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSUMERS ENERGY COMPANY PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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