Retirement plan

THE TRAVELERS PENSION PLAN

Name: TRAVELERS COMPANIES, INC. - THE TRAVELERS PENSION PLAN (2017) 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 2017

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

Other plans on this EIN

1 filing

#002Retirement-$6.54B 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)

$4160.7M

-7.7% from 2016

Total participants

50,496

-0.9% from 2016

Average account balance

No prior year

Annual return

13.27%

-7.77 pp from 2016

Benchmarks

See 43 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants>=10,000

Cohort43 peers

Snapshot2017

Participant deferral / active EE

median $0

Employer contribution / active EE

$19,186

median $8,745

Participation rate

0.0%

median 0.0%

Avg account balance

median $14,491,905

Admin fee / account holder

median $81,210

Annual return

13.27%

median 13.09%

Overall peer rank

60of 100

60th 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 BERMAN3+ years Filed as: NEUBERGER BERMAN LLC Service code 28 · EIN 02-0654486	Investment Management	$1,900,891
EDGEWOOD MANAGEMENT LLC3+ years Service code 28 · EIN 20-4044179	Investment Management	$1,145,989
NUVEEN3+ years Filed as: NWQ INVESTMENT MANAGEMENT COMPANY Service code 28 · EIN 47-0875103	Investment Management	$985,890
KAHN BROTHERS ADVISORS, LLC3+ years Filed as: KAHN BROTHERS ADVISORS LLC Service code 28 · EIN 20-8928015	Investment Management	$733,756
ARIEL INVESTMENTS, LLC3+ years Service code 28 · EIN 02-0712418	Investment Management	$470,549
WILLIS TOWERS WATSON US LLC3+ years Filed as: TOWERS WATSON DELAWARE INC. Service code 15 · EIN 53-0181291	Recordkeeping	$409,400
WITHUMSMITH+BROWN, PC3+ years Filed as: BROWN ADVISORY, LLC Service code 28 · EIN 26-4560299	Investment Management	$393,860
LEVIN CAPITAL STRATEGIES, LP3+ years Service code 28 · EIN 87-0753486	Investment Management	$243,399
JPMORGAN INVEST HOLDINGS LLC3+ years Filed as: JP MORGAN CHASE BANK, N.A. Service code 19 · EIN 13-4994650	Securities Custodian	$204,276
AON CONSULTING2 years Filed as: AON CONSULTING, INC. Service code 11 · EIN 22-2232264	Actuarial	$197,515

Enrolled actuary

1 attachment

LISA A. MCRAE

AON CONSULTING, INC.

Enrollment #1705516

17875 VON KARMAN AVENUE

SUITE 300

IRVINE, CA 92614

(949) 725-4500

Signed 2018-09-14

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

$11.0M

$424 / participant

Investment mgmt$6M55.8%
Contract admin$165K1.5%
Other / not subdivided$5M42.7%

% of EOY assets

0.265%

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

$14,491,905-100.0%

$411,917-100.0%

$14,491,905-100.0%

Participation rate

0.0%

0.0%0pp

16.2%-16.2pp

5.3%-5.3pp

Annual return

13.27%

13.90%-0.6pp

10.36%+2.9pp

1057.21%-1043.9pp

Employer contribution / active EE

$19,186

$9,853+94.7%

$37,738-49.2%

$14,374+33.5%

Participant deferral / active EE

$7-100.0%

$137-100.0%

$351-100.0%

Admin fee / account holder

$81,210-100.0%

$15,661-100.0%

$81,210-100.0%

Provider

Service type

Compensation

NEUBERGER BERMAN3+ years

Filed as: NEUBERGER BERMAN LLC

Service code 28 · EIN 02-0654486

Investment Management

$1,900,891

EDGEWOOD MANAGEMENT LLC3+ years

Service code 28 · EIN 20-4044179

Investment Management

$1,145,989

NUVEEN3+ years

Filed as: NWQ INVESTMENT MANAGEMENT COMPANY

Service code 28 · EIN 47-0875103

Investment Management

$985,890

KAHN BROTHERS ADVISORS, LLC3+ years

Filed as: KAHN BROTHERS ADVISORS LLC

Service code 28 · EIN 20-8928015

Investment Management

$733,756

ARIEL INVESTMENTS, LLC3+ years

Service code 28 · EIN 02-0712418

Investment Management

$470,549

WILLIS TOWERS WATSON US LLC3+ years

Filed as: TOWERS WATSON DELAWARE INC.

Service code 15 · EIN 53-0181291

Recordkeeping

$409,400

WITHUMSMITH+BROWN, PC3+ years

Filed as: BROWN ADVISORY, LLC

Service code 28 · EIN 26-4560299

Investment Management

$393,860

LEVIN CAPITAL STRATEGIES, LP3+ years

Service code 28 · EIN 87-0753486

Investment Management

$243,399

JPMORGAN INVEST HOLDINGS LLC3+ years

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

Service code 19 · EIN 13-4994650

Securities Custodian

$204,276

AON CONSULTING2 years

Filed as: AON CONSULTING, INC.

Service code 11 · EIN 22-2232264

Actuarial

$197,515

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