Filed March 17, 2022 (most recent of 7 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
XEROX CORPORATION2+ years Filed as: XEROX HR SOLUTIONS, LLC Service code 13 · EIN 16-4068020 | Contract Administrator | $3,755,614 |
Service code 10 · EIN 91-0425694 | Accounting | $392,335 |
STATE STREET GLOBAL ADVISORS2+ years Filed as: STATE STREET BANK AND TRUST COMPANY Service code 13 · EIN 04-3581074 | Contract Administrator | $253,263 |
WILLIS TOWERS WATSON US LLC2+ years Filed as: WILLIS TOWERS WATSON Service code 11 · EIN 53-0181291 | Actuarial | $136,137 |
PLANTE & MORAN, PLLC2+ years Service code 10 · EIN 38-1357951 | Accounting | $63,081 |
FOLEY & LARDNER LLP1 year Service code 29 · EIN 39-0473800 | Legal | $10,950 |
HERRONPALMER1 year Filed as: HERRONPALMER, LLC Service code 16 · EIN 45-4725418 | Consulting | $7,665 |
DELOITTE & TOUCHE LLP2+ years Filed as: DELOITTE & TOUCHE, LLP Service code 10 · EIN 13-3891517 | Accounting | $5,516 |
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 | WILLIAM BLAIR | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | PIMCO | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | J.P. MORGAN | TRUSTEE PLAN ASSETS WERE INADVERTENTLY USED TO MAKE OVERPAYMENTS TO THE TRUSTEE | — | — |
| Part 3 Non-exempt transaction | DRINKER BIDDLE REATH LLP | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | THE BOEING COMPANY | PLAN SPONSOR PLAN ASSETS WERE INADVERTENTLY RECEIVED BY THE PLAN SPONSOR | — | — |
| Part 3 Non-exempt transaction | KIRKLAND & ELLIS | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
| Part 3 Non-exempt transaction | J.P. MORGAN | TRUSTEE PLAN ASSETS WERE INADVERTENTLY USED TO MAKE OVERPAYMENTS TO THE TRUSTEE | — | — |
| Part 3 Non-exempt transaction | BLOOMBERG | SERVICE PROVIDER PLAN ASSETS WERE INADVERTENTLY USED TO MAKE AN OVERPAYMENT TO A THIRD-PARTY | — | — |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $35,636-100.0% | $151,941-100.0% | $35,636-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 10.6%-10.6pp | 1.8%-1.8pp |
| Annual return | 7.10% | 17.94%-10.8pp | 5.44%+1.7pp | 7.18%-0.1pp |
| Employer contribution / active EE | $0 | $12,263-100.0% | $25,481-100.0% | $13,095-100.0% |
| Participant deferral / active EE | $0 | $388-100.0% | $65-100.0% | $385-100.0% |
| Admin fee / account holder | $0 | $362-100.0% | $11,765-100.0% | $362-100.0% |