Retirement plan

ROLLS ROYCE NORTH AMERICA 401(K) SAVINGS PLAN

Name: ROLLS ROYCE N.A. INC. - ROLLS ROYCE NORTH AMERICA 401(K) SAVINGS PLAN (2019) Form 5500
Creator: ROLLS ROYCE N.A. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROLLS ROYCE NORTH AMERICA 401(K) SAVINGS PLAN, ROLLS ROYCE N.A. INC.

ROLLS ROYCE N.A. INC.EIN 54-1967187Plan #002PY 2019

1875 EXPLORER STREET, SUITE 200 - RESTON, VA 20190703-621-2741

Other plans on this EIN

2 filings

#001Retirement-$370.8M assets #003Retirement-$29.7M assets

Prospect flagsFailed to provide benefit

Top hat statement on fileNQDC

Filed September 19, 2012 (most recent of 5 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)

$1293.4M

-5.6% from 2016

Total participants

5,736

+9.4% from 2016

Average account balance

$231,543

-9.4% from 2016

Annual return

25.78%

-4.47 pp from 2016

Benchmarks

See 822 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort822 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.88B

Not enough data

1 years with asset history on file

Average account balance

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

$306K

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.

6,158

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+16.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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 6 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.5+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$179,430
DIMEO SCHNEIDER & ASSOCIATES LLC1 year Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 15 · EIN 36-4001764	Recordkeeping	$74,563
WILLIS TOWERS WATSON US LLC1 year Service code 16 · EIN 53-0181291	Consulting	$59,991
FIDELITY INVESTMENTS INSTITUTIONAL4 years Service code 37 · EIN 04-2647786	Loan Processing	$45,838
PRICEWATERHOUSECOOPERS LLP2 years Filed as: PWC Service code 10 · EIN 13-4008324	Accounting	$29,548
HUNTON ANDREWS KURTH LLP2 years Service code 12 · EIN 54-0572269	Consulting (general); Claims processing	$23,142

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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)).

Opportunity flags

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$413K

$105 / participant

Investment mgmt$179K43.5%
Other / not subdivided$233K56.5%

% of EOY assets

0.032%

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: PWC
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$231,543

$105,173+120.2%

$87,102+165.8%

$77,775+197.7%

Participation rate

96.2%

85.8%+10.4pp

76.9%+19.3pp

73.2%+23.0pp

Annual return

25.78%

24.52%+1.3pp

28.19%-2.4pp

32.58%-6.8pp

Employer contribution / active EE

$6,805

$2,890+135.4%

$2,521+169.9%

$2,504+171.8%

Participant deferral / active EE

$10,027

$5,048+98.6%

$4,048+147.7%

$3,966+152.8%

Admin fee / account holder

$74

$105-29.4%

$7,493-99.0%

$100-26.2%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.5+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$179,430

DIMEO SCHNEIDER & ASSOCIATES LLC1 year

Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC

Service code 15 · EIN 36-4001764

Recordkeeping

$74,563

WILLIS TOWERS WATSON US LLC1 year

Service code 16 · EIN 53-0181291

Consulting

$59,991

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Service code 37 · EIN 04-2647786

Loan Processing

$45,838

PRICEWATERHOUSECOOPERS LLP2 years

Filed as: PWC

Service code 10 · EIN 13-4008324

Accounting

$29,548

HUNTON ANDREWS KURTH LLP2 years

Service code 12 · EIN 54-0572269

Consulting (general); Claims processing

$23,142

ROLLS ROYCE NORTH AMERICA 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROLLS ROYCE NORTH AMERICA 401(K) SAVINGS 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