Retirement plan

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 401(K) PLAN

Name: EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. - EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 401(K) PLAN (2016) Form 5500
Creator: EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 401(K) PLAN, EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.EIN 91-1069248Plan #001PY 2016

1015 3RD AVE, 12TH FLOOR - SEATTLE, WA 98104206-674-3400expd.comLinkedIn5001-10000 employeeslogistics and supply chain

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$409.4M

-12.5% from 2016

Total participants

7,245

-0.8% from 2016

Average account balance

$57,648

-11.3% from 2016

Annual return

8.01%

-7.46 pp from 2016

Benchmarks

See 36 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants5,000-9,999

Cohort36 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.20B

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

9,205

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 5 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.2+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$336,420
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$110,412
VWC PS2+ years Filed as: VOLDAL WARTELLE & COMPANY, PS Service code 10 · EIN 91-1007261	Accounting	$15,093
CHARLES SCHWAB & CO., INC.2+ years Service code 19 · EIN 94-1737782	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & COMPANY, INC. Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$552K

$96 / participant

Investment mgmt$15K2.7%
Other / not subdivided$537K97.3%

% of EOY assets

0.135%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VWC, P.S.
Auditor EIN: 911007261
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,648

$56,606+1.8%

$67,836-15.0%

$65,292-11.7%

Participation rate

97.5%

62.4%+35.1pp

68.8%+28.7pp

72.4%+25.1pp

Annual return

8.01%

16.19%-8.2pp

138.49%-130.5pp

11.84%-3.8pp

Employer contribution / active EE

$1,146

$1,797-36.2%

$2,404-52.3%

$2,302-50.2%

Participant deferral / active EE

$5,101

$2,804+82.0%

$3,160+61.4%

$3,579+42.6%

Admin fee / account holder

$78

$57+37.4%

$4,621-98.3%

$57+35.5%

Provider

Service type

Compensation

MILLIMAN, INC.2+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$336,420

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$110,412

VWC PS2+ years

Filed as: VOLDAL WARTELLE & COMPANY, PS

Service code 10 · EIN 91-1007261

Accounting

$15,093

CHARLES SCHWAB & CO., INC.2+ years

Service code 19 · EIN 94-1737782

Securities Custodian

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & COMPANY, INC.

Service code 19

Securities Custodian

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 401(K) 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