Filed April 1, 1998 (most recent of 2 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.
| Provider | Service type | Compensation |
|---|---|---|
BLACKROCK4 years Filed as: BLACKROCK INSTITUTIONAL TRUST Service code 27 · EIN 94-3112180 | Advisory (Plan) | $1,827,588 |
NORTHERN TRUST COMPANY8 years Service code 21 · EIN 36-1561860 | Bank Trustee | $148,765 |
MERCER6 years Service code 27 · EIN 13-2834414 | Advisory (Plan) | $125,000 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY, LLC Service code 28 · EIN 27-2037969 | Investment Management | $85,000 |
FID INV INST OPS CO8 years Filed as: FID INV INSTL OPS CO Service code 60 | Sub-TA Fees | $0 |
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 | NIKE, INC. | PLAN SPONSOR PLAN SPONSOR EXPENSES IMPROPERLY PD BY THE PLAN ON 5/15/25 WERE REIMBURSED TO PLAN IN 2025 PLUS EARNINGS | — | $27K |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $162,138 | $93,901+72.7% | $216,567-25.1% | $93,901+72.7% |
| Participation rate | 67.5% | 81.9%-14.4pp | 81.6%-14.2pp | 81.9%-14.4pp |
| Annual return | 6.13% | 11.15%-5.0pp | 12.94%-6.8pp | 11.15%-5.0pp |
| Employer contribution / active EE | $3,849 | $4,205-8.5% | $5,216-26.2% | $4,205-8.5% |
| Participant deferral / active EE | $6,371 | $4,155+53.4% | $6,191+2.9% | $4,155+53.4% |
| Admin fee / account holder | $58 | $66-13.1% | $21,981-99.7% | $66-13.1% |