Retirement plan

THE TRAVELERS PENSION PLAN

Name: TRAVELERS COMPANIES, INC. - THE TRAVELERS PENSION PLAN (2016) Form 5500
Creator: TRAVELERS COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TRAVELERS PENSION PLAN, TRAVELERS COMPANIES, INC.

TRAVELERS COMPANIES, INC.EIN 41-0518860Plan #001PY 2016

385 WASHINGTON STREET - ST. PAUL, MN 551021396800-441-4378

Other plans on this EIN

1 filing

#002Retirement-$5.59B assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 2, 2005 (most recent of 2 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

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Total assets (EOY)

$3389.2M

-7.7% from 2016

Total participants

50,149

-0.9% from 2016

Average account balance

No prior year

Annual return

7.11%

-7.77 pp from 2016

Benchmarks

See 46 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants>=10,000

Cohort46 peers

Snapshot2016

Participant deferral / active EE

median $0

Employer contribution / active EE

$7,659

median $6,902

Participation rate

0.0%

median 0.0%

Avg account balance

median $40,289

Admin fee / account holder

median $312

Annual return

7.11%

median 7.07%

Overall peer rank

48of 100

48th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$4.24B

Average account balance

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

$93K

Participants with account balance

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

18,255

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

$500.00M

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.88%

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 17 by compensation

Provider	Service type	Compensation
NEUBERGER BERMAN2+ years Filed as: NEUBERGER BERMAN LLC Service code 28 · EIN 02-0654486	Investment Management	$1,489,412
EDGEWOOD MANAGEMENT LLC2+ years Service code 28 · EIN 20-4044179	Investment Management	$942,668
NUVEEN2+ years Filed as: NWQ INVESTMENT MANAGEMENT COMPANY Service code 28 · EIN 47-0875103	Investment Management	$842,322
KAHN BROTHERS ADVISORS, LLC2+ years Filed as: KAHN BROTHERS ADVISORS LLC Service code 28 · EIN 20-8928015	Investment Management	$592,590
ARIEL INVESTMENTS, LLC2+ years Service code 28 · EIN 02-0712418	Investment Management	$416,863
WILLIS TOWERS WATSON US LLC2+ years Filed as: TOWERS WATSON DELAWARE INC. Service code 15 · EIN 53-0181291	Recordkeeping	$360,000
WITHUMSMITH+BROWN, PC2+ years Filed as: BROWN ADVISORY, LLC Service code 28 · EIN 26-4560299	Investment Management	$339,370
LEVIN CAPITAL STRATEGIES, LP2+ years Service code 28 · EIN 87-0753486	Investment Management	$219,834
JPMORGAN INVEST HOLDINGS LLC2+ years Filed as: JP MORGAN CHASE BANK, N.A. Service code 19 · EIN 13-4994650	Securities Custodian	$166,841
FACTSET RESEARCH SYSTEMS INC.2+ years Service code 28 · EIN 13-3362547	Investment Management	$160,954

Enrolled actuary

1 attachment

LISA A. MCRAE

AON CONSULTING, INC.

Enrollment #1705516

100 BAYVIEW CIRCLE

NEWPORT BEACH, CA 92660

(949) 725-4500

Signed 2017-09-08

Plan features & details

Pension benefit codes1A1C3H

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).
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

$9.6M

$367 / participant

Investment mgmt$5M53.2%
Contract admin$171K1.8%
Other / not subdivided$4M45.1%

% of EOY assets

0.283%

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: KPMG, LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,289-100.0%

$374,107-100.0%

$40,289-100.0%

Participation rate

0.0%

0.0%0pp

22.0%-22.0pp

4.2%-4.2pp

Annual return

7.11%

7.64%-0.5pp

4.74%+2.4pp

10.64%-3.5pp

Employer contribution / active EE

$7,659

$7,500+2.1%

$36,089-78.8%

$11,561-33.7%

Participant deferral / active EE

$59-100.0%

$347-100.0%

Admin fee / account holder

$312-100.0%

$10,677-100.0%

$312-100.0%

Provider

Service type

Compensation

NEUBERGER BERMAN2+ years

Filed as: NEUBERGER BERMAN LLC

Service code 28 · EIN 02-0654486

Investment Management

$1,489,412

EDGEWOOD MANAGEMENT LLC2+ years

Service code 28 · EIN 20-4044179

Investment Management

$942,668

NUVEEN2+ years

Filed as: NWQ INVESTMENT MANAGEMENT COMPANY

Service code 28 · EIN 47-0875103

Investment Management

$842,322

KAHN BROTHERS ADVISORS, LLC2+ years

Filed as: KAHN BROTHERS ADVISORS LLC

Service code 28 · EIN 20-8928015

Investment Management

$592,590

ARIEL INVESTMENTS, LLC2+ years

Service code 28 · EIN 02-0712418

Investment Management

$416,863

WILLIS TOWERS WATSON US LLC2+ years

Filed as: TOWERS WATSON DELAWARE INC.

Service code 15 · EIN 53-0181291

Recordkeeping

$360,000

WITHUMSMITH+BROWN, PC2+ years

Filed as: BROWN ADVISORY, LLC

Service code 28 · EIN 26-4560299

Investment Management

$339,370

LEVIN CAPITAL STRATEGIES, LP2+ years

Service code 28 · EIN 87-0753486

Investment Management

$219,834

JPMORGAN INVEST HOLDINGS LLC2+ years

Filed as: JP MORGAN CHASE BANK, N.A.

Service code 19 · EIN 13-4994650

Securities Custodian

$166,841

FACTSET RESEARCH SYSTEMS INC.2+ years

Service code 28 · EIN 13-3362547

Investment Management

$160,954

THE TRAVELERS PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

LISA A. MCRAE

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TRAVELERS PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

LISA A. MCRAE

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