Retirement plan

NESTLE PENSION PLAN

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

NESTLE USA, INC.EIN 95-1572209Plan #100PY 2023

30500 BAINBRIDGE RD - SOLON, OH 441392205440-349-5757

Other plans on this EIN

3 filings

#200Retirement-$6.80B assets #006Retirement-$566.8M assets #005Retirement-$320.8M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 21, 1999

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.

Open the filing PDF

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Total assets (EOY)

$2162.9M

-8.4% from 2016

Total participants

21,952

-2.7% from 2016

Average account balance

No prior year

Annual return

6.13%

-15.15 pp from 2016

Benchmarks

See 177 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort177 peers

Snapshot2023

Participant deferral / active EE

median $40

Employer contribution / active EE

$10,976

median $5,730

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

6.13%

median 9.38%

Overall peer rank

38of 100

38th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$1.68B

Average account balance

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

$84K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

12,300

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$36.62M

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-14.56%

Admin fee / account holder

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

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Enrolled actuary

1 attachment

MICHAEL ALTILIO

WILLIS TOWERS WATSON US LLC

Enrollment #2307062

150 JFK PARKWAY

SUITE 520

SHORT HILLS, NJ 07078

(973) 539-1923

Signed 2024-10-09

Plan features & details

Pension benefit codes1A1C3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
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).
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.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG U.S. LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,802-100.0%

Participation rate

0.0%

0.0%0pp

7.1%-7.1pp

0.0%0pp

Annual return

6.13%

33.11%-27.0pp

9.51%-3.4pp

33.11%-27.0pp

Employer contribution / active EE

$10,976

$9,000+22.0%

$23,377-53.0%

$9,000+22.0%

Participant deferral / active EE

$680-100.0%

$14-100.0%

$680-100.0%

Admin fee / account holder

$769-100.0%

NESTLE PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MICHAEL ALTILIO

Plan features & details

Opportunity flagsi

Audit opinioni

NESTLE PENSION PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

MICHAEL ALTILIO

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion