Retirement plan

EQUIFAX INC. 401K PLAN

Name: EQUIFAX INC. - EQUIFAX INC. 401K PLAN (2023) Form 5500
Creator: EQUIFAX INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EQUIFAX INC. 401K PLAN, EQUIFAX INC.

EQUIFAX INC.EIN 58-0401110Plan #003PY 2023

1550 PEACHTREE STREET NW - ATLANTA, GA 303090000404-885-8000equifax.comLinkedIn10001+ employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$374.2M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 18, 2022 (most recent of 7 filings on file)

Plan administrator

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1550 Peachtree Street N.W.

Atlanta, GA 30309

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Plans declared (1)

Equifax Inc. Employee Deferred Compensation Plan64 emp

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Total assets (EOY)

$1308.9M

-10.6% from 2016

Total participants

10,302

-6.1% from 2016

Average account balance

$130,771

-3.8% from 2016

Annual return

19.19%

-3.62 pp from 2016

Benchmarks

See 94 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants5,000-9,999

Cohort94 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47B

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

9,702

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+14.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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 21 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Filed as: FIDELITY INV. INST. OPER. CO., INC Service code 37 · EIN 04-2647786	Loan Processing	$311,312
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$304,095
SAGEVIEW ADVISORY GROUP, LLC7 years Filed as: SAGEVIEW Service code 16 · EIN 33-0818667	Consulting	$49,858
HOGAN LOVELLS US LLP2 years Service code 16 · EIN 53-0084704	Consulting	$38,135
SMITH & HOWARD, PC8 years Filed as: SMITH & HOWARD Service code 10 · EIN 58-1250486	Accounting	$35,000
APEX PENSION STRATEGIES, INC2 years Service code 16 · EIN 57-1139545	Consulting	$1,000
BAIRD INSURANCE SERVICES INC8 years Filed as: BAIRD Service code 60	Sub-TA Fees	$0
COLUMBIA2 years Service code 60	Sub-TA Fees	$0
DIMENSIONAL FUND ADVISORS5 years Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL6 years Filed as: FIDELITY INSTITUTIONAL ASSET MANAGE Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3F3H

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.
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)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$741K

$109 / participant

Recordkeeping$290K39.1%
Investment mgmt$304K41.0%
Other / not subdivided$147K19.8%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SMITH & HOWARD, P.C.
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,771

$129,756+0.8%

$170,055-23.1%

$103,657+26.2%

Participation rate

95.7%

91.3%+4.4pp

87.0%+8.7pp

73.4%+22.3pp

Annual return

19.19%

20.17%-1.0pp

53.43%-34.2pp

33.13%-13.9pp

Employer contribution / active EE

$5,493

$5,236+4.9%

$6,790-19.1%

$3,216+70.8%

Participant deferral / active EE

$10,992

$8,283+32.7%

$10,410+5.6%

$5,218+110.6%

Admin fee / account holder

$74

$73+1.6%

$12,828-99.4%

$114-35.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Filed as: FIDELITY INV. INST. OPER. CO., INC

Service code 37 · EIN 04-2647786

Loan Processing

$311,312

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$304,095

SAGEVIEW ADVISORY GROUP, LLC7 years

Filed as: SAGEVIEW

Service code 16 · EIN 33-0818667

Consulting

$49,858

HOGAN LOVELLS US LLP2 years

Service code 16 · EIN 53-0084704

Consulting

$38,135

SMITH & HOWARD, PC8 years

Filed as: SMITH & HOWARD

Service code 10 · EIN 58-1250486

Accounting

$35,000

APEX PENSION STRATEGIES, INC2 years

Service code 16 · EIN 57-1139545

Consulting

$1,000

BAIRD INSURANCE SERVICES INC8 years

Filed as: BAIRD

Service code 60

Sub-TA Fees

COLUMBIA2 years

Service code 60

Sub-TA Fees

DIMENSIONAL FUND ADVISORS5 years

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Filed as: FIDELITY INSTITUTIONAL ASSET MANAGE

Service code 60

Sub-TA Fees

EQUIFAX INC. 401K PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EQUIFAX INC. 401K PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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