Retirement plan

THE CNA CORPORATION RETIREMENT PLAN

Name: THE CNA CORPORATION - THE CNA CORPORATION RETIREMENT PLAN (2019) Form 5500
Creator: THE CNA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CNA CORPORATION RETIREMENT PLAN, THE CNA CORPORATION

THE CNA CORPORATIONEIN 54-1558882Plan #001PY 2019

3003 WASHINGTON BOULEVARD - ARLINGTON, VA 22201703-824-2000cna.orgLinkedIn501-1000 employeesresearch

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$476.8M

-5.1% from 2016

Total participants

1,738

+28.8% from 2016

Average account balance

$277,064

-12.8% from 2016

Annual return

19.49%

-5.24 pp from 2016

Benchmarks

See 873 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort873 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$601.27M

Not enough data

1 years with asset history on file

Average account balance

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

$451K

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.

1,332

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.

43.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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)

$147

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 19 · EIN 04-2647786	Securities Custodian	$69,058
SAGEVIEW ADVISORY GROUP, LLC5+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 28 · EIN 33-0818667	Investment Management	$67,500
PRICEWATERHOUSECOOPERS LLP4 years Service code 10 · EIN 13-4008324	Accounting	$8,080

Plan features & details

Pension benefit codes2A2F2G2L2M2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$147K

$214 / participant

Investment mgmt$68K46.0%
Other / not subdivided$79K54.0%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

1 / 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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$277,064

$54,237+410.8%

$90,336+206.7%

$67,584+310.0%

Participation rate

97.5%

68.6%+28.9pp

73.3%+24.2pp

71.3%+26.2pp

Annual return

19.49%

37.27%-17.8pp

78.15%-58.7pp

378.59%-359.1pp

Employer contribution / active EE

$9,325

$1,846+405.2%

$2,856+226.5%

$2,148+334.1%

Participant deferral / active EE

$8,264

$2,625+214.8%

$3,886+112.7%

$3,540+133.5%

Admin fee / account holder

$85

$123-30.9%

$5,357-98.4%

$142-40.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 19 · EIN 04-2647786

Securities Custodian

$69,058

SAGEVIEW ADVISORY GROUP, LLC5+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 28 · EIN 33-0818667

Investment Management

$67,500

PRICEWATERHOUSECOOPERS LLP4 years

Service code 10 · EIN 13-4008324

Accounting

$8,080

THE CNA CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CNA CORPORATION RETIREMENT PLAN

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