Retirement plan

CONAGRA BRANDS RETIREMENT INCOME SAVINGS PLAN FOR SALARIED EMPLOYEES

Name: CONAGRA BRANDS, INC. - CONAGRA BRANDS RETIREMENT INCOME SAVINGS PLAN FOR SALARIED EMPLOYEES (2017) Form 5500
Creator: CONAGRA BRANDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONAGRA BRANDS RETIREMENT INCOME SAVINGS PLAN FOR SALARIED EMPLOYEES, CONAGRA BRANDS, INC.

CONAGRA BRANDS, INC.EIN 47-0248710Plan #014PY 2017

222 WEST MERCHANDISE MART PLAZA, SUITE 1300 - CHICAGO, IL 60654312-549-5000conagrabrands.comLinkedIn10001+ employeesfood & beverages

Other plans on this EIN

9 filings

#009Retirement-$2.34B assets #010Retirement-$476.3M assets #018Retirement-$256.2M assets #004Retirement-$173.4M assets #006Retirement-$128.5M assets #008Retirement-$91.8M assets #017Retirement-$69.8M assets #012Retirement-$57.3M assets #007Retirement-$16.8M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed October 16, 1997 (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.

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Total assets (EOY)

$1103.4M

+19.5% from 2016

Total participants

8,361

+26.2% from 2016

Average account balance

$132,812

-4.3% from 2016

Annual return

-0.21%

+8.66 pp from 2016

Benchmarks

See 215 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort215 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.74B

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

13,298

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.

33.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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 10 of 13 by compensation

Provider	Service type	Compensation
XEROX CORPORATION3+ years Filed as: XEROX Service code 15 · EIN 04-3609848	Recordkeeping	$340,000
T ROWE PRICE RPS INC3+ years Filed as: T. ROWE PRICE Service code 28 · EIN 52-0556948	Investment Management	$313,676
CONDUENT HR CONSULTING, LLC1 year Filed as: CONDUENT Service code 13 · EIN 81-2983623	Contract Administrator	$283,519
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE STREET BANK AND TRUST COMPANY Service code 25 · EIN 04-1867445	Directed Trustee	$251,641
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Filed as: FIDELITY MANAGEMENT TRUST COMPANY Service code 28 · EIN 04-2723880	Investment Management	$104,486
SUMMIT FINANCIAL CORPORATION3+ years Filed as: SUMMIT STRATEGIES, INC. Service code 16 · EIN 43-1708520	Consulting	$96,432
JP MORGAN SECURITIES LLC3+ years Filed as: JP MORGAN WRAP Service code 28 · EIN 13-4994650	Investment Management	$34,138
STATE STREET GLOBAL ADVISORS3+ years Filed as: STATE STREET WRAP Service code 28 · EIN 04-1867445	Investment Management	$33,208
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: PRUDENTIAL Service code 28 · EIN 22-1211671	Investment Management	$30,933
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Filed as: AEGON Service code 28 · EIN 52-0419790	Investment Management	$30,005

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H3J

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.6M

$530 / participant

Other / not subdivided$2M100.0%

% of EOY assets

0.145%

all-in expense ratio

Categories reported

0 / 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: LUTZ & COMPANY, P.C.
Auditor EIN: 470628516
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$132,812

$123,286+7.7%

$75,501+75.9%

$77,958+70.4%

Participation rate

98.2%

78.8%+19.5pp

72.4%+25.9pp

71.6%+26.6pp

Annual return

-0.21%

20.45%-20.7pp

27.35%-27.6pp

20.87%-21.1pp

Employer contribution / active EE

$6,962

$2,035+242.2%

$2,352+196.0%

$2,310+201.3%

Participant deferral / active EE

$11,261

$3,095+263.8%

$3,142+258.4%

$3,537+218.4%

Admin fee / account holder

$192

$144+33.5%

$5,801-96.7%

$97+97.6%

Provider

Service type

Compensation

XEROX CORPORATION3+ years

Filed as: XEROX

Service code 15 · EIN 04-3609848

Recordkeeping

$340,000

T ROWE PRICE RPS INC3+ years

Filed as: T. ROWE PRICE

Service code 28 · EIN 52-0556948

Investment Management

$313,676

CONDUENT HR CONSULTING, LLC1 year

Filed as: CONDUENT

Service code 13 · EIN 81-2983623

Contract Administrator

$283,519

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE STREET BANK AND TRUST COMPANY

Service code 25 · EIN 04-1867445

Directed Trustee

$251,641

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Filed as: FIDELITY MANAGEMENT TRUST COMPANY

Service code 28 · EIN 04-2723880

Investment Management

$104,486

SUMMIT FINANCIAL CORPORATION3+ years

Filed as: SUMMIT STRATEGIES, INC.

Service code 16 · EIN 43-1708520

Consulting

$96,432

JP MORGAN SECURITIES LLC3+ years

Filed as: JP MORGAN WRAP

Service code 28 · EIN 13-4994650

Investment Management

$34,138

STATE STREET GLOBAL ADVISORS3+ years

Filed as: STATE STREET WRAP

Service code 28 · EIN 04-1867445

Investment Management

$33,208

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: PRUDENTIAL

Service code 28 · EIN 22-1211671

Investment Management

$30,933

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Filed as: AEGON

Service code 28 · EIN 52-0419790

Investment Management

$30,005

CONAGRA BRANDS RETIREMENT INCOME SAVINGS PLAN FOR SALARIED EMPLOYEES

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONAGRA BRANDS RETIREMENT INCOME SAVINGS PLAN FOR SALARIED EMPLOYEES

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