Retirement plan

DANAHER CORPORATION & SUBSIDIARIES PENSION PLAN

Name: DANAHER CORPORATION - DANAHER CORPORATION & SUBSIDIARIES PENSION PLAN (2017) Form 5500
Creator: DANAHER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DANAHER CORPORATION & SUBSIDIARIES PENSION PLAN, DANAHER CORPORATION

DANAHER CORPORATIONEIN 59-1995548Plan #003PY 2017

2200 PENNSYLVANIA AVE NW STE 800W - WASHINGTON, DC 200371701202-828-0850danaher.comLinkedIn10001+ employeesmedical devices

Other plans on this EIN

3 filings

#004Retirement-$4.67B assets #014Retirement-$22.9M assets #001Retirement-$20.5M assets

Prospect flagsHigh retiree %

Top hat statement on fileNQDC

Filed February 21, 2019

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)

$2058.1M

+7.0% from 2016

Total participants

34,840

-1.8% from 2016

Average account balance

No prior year

Annual return

13.28%

-1.19 pp from 2016

Benchmarks

See 206 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort206 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.90B

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

18,716

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 16 by compensation

Provider	Service type	Compensation
HEWITT ASSOCIATES LLC3+ years Service code 15 · EIN 36-2235791	Recordkeeping	$3,359,217
NORTHERN TRUST COMPANY3+ years Service code 19 · EIN 36-1561860	Securities Custodian	$999,441
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS GLOBAL ASSET MANAGEMENT Service code 28 · EIN 36-3718331	Investment Management	$972,002
WELLINGTON TRUST COMPANY1 year Service code 28 · EIN 04-2755549	Investment Management	$724,495
CAUSEWAY CAPITAL MANAGEMENT LLC3+ years Service code 28 · EIN 95-4861680	Investment Management	$651,225
INVESTMENT COUNSELORS OF MARYLAND1 year Service code 28 · EIN 52-2345054	Investment Management	$628,397
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY PRIME PROPERTY Service code 28 · EIN 13-0057834	Investment Management	$598,821
WELLINGTON TRUST COMPANY3+ years Filed as: WELLINGTON MANAGEMENT COMPANY LLP Service code 28 · EIN 47-1167553	Investment Management	$420,758
MERCER3+ years Service code 11 · EIN 13-2834414	Actuarial	$393,248
GROOM LAW GROUP3+ years Service code 29 · EIN 52-1219029	Legal	$351,007

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B1C3H3J1I

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
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

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$11.2M

$2014 / participant

Other / not subdivided$11M100.0%

% of EOY assets

0.547%

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: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,462-100.0%

Participation rate

0.0%

0.0%0pp

11.7%-11.7pp

0.0%0pp

Annual return

13.28%

16.32%-3.0pp

16.78%-3.5pp

16.32%-3.0pp

Employer contribution / active EE

$8,059

$12,766-36.9%

$26,328-69.4%

$12,766-36.9%

Participant deferral / active EE

$800-100.0%

$97-100.0%

$800-100.0%

Admin fee / account holder

$20,893-100.0%

Provider

Service type

Compensation

HEWITT ASSOCIATES LLC3+ years

Service code 15 · EIN 36-2235791

Recordkeeping

$3,359,217

NORTHERN TRUST COMPANY3+ years

Service code 19 · EIN 36-1561860

Securities Custodian

$999,441

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS GLOBAL ASSET MANAGEMENT

Service code 28 · EIN 36-3718331

Investment Management

$972,002

WELLINGTON TRUST COMPANY1 year

Service code 28 · EIN 04-2755549

Investment Management

$724,495

CAUSEWAY CAPITAL MANAGEMENT LLC3+ years

Service code 28 · EIN 95-4861680

Investment Management

$651,225

INVESTMENT COUNSELORS OF MARYLAND1 year

Service code 28 · EIN 52-2345054

Investment Management

$628,397

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY PRIME PROPERTY

Service code 28 · EIN 13-0057834

Investment Management

$598,821

WELLINGTON TRUST COMPANY3+ years

Filed as: WELLINGTON MANAGEMENT COMPANY LLP

Service code 28 · EIN 47-1167553

Investment Management

$420,758

MERCER3+ years

Service code 11 · EIN 13-2834414

Actuarial

$393,248

GROOM LAW GROUP3+ years

Service code 29 · EIN 52-1219029

Legal

$351,007

DANAHER CORPORATION & SUBSIDIARIES PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DANAHER CORPORATION & SUBSIDIARIES PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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