Retirement plan

JANUS 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Name: JANUS CAPITAL GROUP INC. - JANUS 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: JANUS CAPITAL GROUP INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JANUS 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN, JANUS CAPITAL GROUP INC.

JANUS CAPITAL GROUP INC.EIN 43-1804048Plan #003PY 2023

151 DETROIT - DENVER, CO 80206303-394-6500januscapital.coLinkedIn1-10 employees

Prospect flagsHigh assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed September 20, 2005

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)

$469M

-5.5% from 2016

Total participants

1,799

+0.2% from 2016

Average account balance

$263,195

-5.1% from 2016

Annual return

20.32%

-5.91 pp from 2016

Benchmarks

See 1,521 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,521 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$544.77M

Not enough data

1 years with asset history on file

Average account balance

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

$318K

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.

1,714

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+18.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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 5 by compensation

Provider	Service type	Compensation
PRICEWATERHOUSECOOPERS LLP6 years Service code 10 · EIN 13-4008324	Accounting	$82,680
STRATEGIC ADVISORS, INC.9+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$75,451
ALVAREZ & MARSAL TAXAND, LLC2 years Service code 16 · EIN 56-2409465	Consulting	$45,234
MILLIMAN, INC.9+ years Filed as: MILLIMAN Service code 27 · EIN 91-0675641	Advisory (Plan)	$26,786
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$10,153

Plan features & details

Pension benefit codes2F2G2J2K2O2S2T3B3F3H3I2R

Plan features

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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$240K

$244 / participant

Recordkeeping$9K3.8%
Investment mgmt$75K31.4%
Contract admin$9000.4%
Other / not subdivided$155K64.4%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: $82,680
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$263,195

$100,272+162.5%

$170,055+54.8%

$74,478+253.4%

Participation rate

98.3%

87.4%+10.9pp

87.0%+11.3pp

70.7%+27.5pp

Annual return

20.32%

66.12%-45.8pp

53.43%-33.1pp

34.37%-14.0pp

Employer contribution / active EE

$8,193

$4,266+92.1%

$6,790+20.7%

$2,637+210.7%

Participant deferral / active EE

$15,587

$7,147+118.1%

$10,410+49.7%

$4,530+244.1%

Admin fee / account holder

$135

$235-42.6%

$12,828-98.9%

$347-61.2%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP6 years

Service code 10 · EIN 13-4008324

Accounting

$82,680

STRATEGIC ADVISORS, INC.9+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$75,451

ALVAREZ & MARSAL TAXAND, LLC2 years

Service code 16 · EIN 56-2409465

Consulting

$45,234

MILLIMAN, INC.9+ years

Filed as: MILLIMAN

Service code 27 · EIN 91-0675641

Advisory (Plan)

$26,786

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$10,153

JANUS 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JANUS 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

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