Filed April 6, 2018 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
WELLINGTON TRUST COMPANY4 years Filed as: WELLINGTON TRUST COMPANY NA Service code 28 · EIN 04-2755549 | Investment Management | $821,367 |
Filed as: NISA INVESTMENT ADVISORS Service code 28 · EIN 48-1140940 | Investment Management | $664,765 |
WILLIS TOWERS WATSON US LLC5+ years Filed as: WILLIS TOWERS WATSON Service code 11 · EIN 23-1159360 | Actuarial | $519,044 |
THE BANK OF NEW YORK MELLON5+ years Service code 18 · EIN 13-5160382 | Custodial (securities); Direct paymen... | $350,525 |
CONDUENT HR CONSULTING, LLC3 years Filed as: CONDUENT INCORPORATED Service code 15 · EIN 81-2983623 | Recordkeeping | $322,000 |
AON CONSULTING2 years Service code 16 · EIN 22-2232264 | Consulting | $203,059 |
ALSTON & BIRD LLP5+ years Service code 29 · EIN 58-0137615 | Legal | $177,710 |
PRICEWATERHOUSECOOPERS LLP5+ years Service code 10 · EIN 13-4008324 | Accounting | $79,808 |
STATE STREET GLOBAL ADVISORS3 years Filed as: STATE STREET BANK AND TRUST CO Service code 28 · EIN 04-0025081 | Investment Management | $18,002 |
BLACKROCK1 year Filed as: BLACKROCK INSTITUTIONAL TRUST Service code 28 · EIN 94-3112180 | Investment Management | $9,963 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | AHOLD USA, INC. | PLAN SPONSOR 1/01/2019 - USE OF QUALIFIED PLAN ASSETS TO PAY NONQUALIFIED PLAN BENEFITS (BANK DEBITED WRONG ACCOUNT) | — | $692K |
| Part 3 Non-exempt transaction | AHOLD USA, INC. | PLAN SPONSOR 2/01/2019 - USE OF QUALIFIED PLAN ASSETS TO PAY NONQUALIFIED PLAN BENEFITS (BANK DEBITED WRONG ACCOUNT) | — | $874K |
| Part 3 Non-exempt transaction | AHOLD USA, INC. | PLAN SPONSOR 3/01/2019 - USE OF QUALIFIED PLAN ASSETS TO PAY NONQUALIFIED PLAN BENEFITS (BANK DEBITED WRONG ACCOUNT) | — | $719K |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $341,093,897-100.0% | $177,834-100.0% | $341,093,897-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 39.5%-39.5pp | 0.0%0pp |
| Annual return | 21.43% | 15.03%+6.4pp | 11.67%+9.8pp | 21.83%-0.4pp |
| Employer contribution / active EE | $0 | $3,206-100.0% | $28,376-100.0% | $12,237-100.0% |
| Participant deferral / active EE | $0 | $0 | $46-100.0% | $987-100.0% |
| Admin fee / account holder | $0 | $1,551,325-100.0% | $15,617-100.0% | $1,551,325-100.0% |