Back to top
FORM 5500 DATA

Deloitte Profit Sharing Plan

Overview

Plan Information

  • Plan Year05/29/2016 — 06/03/2017
  • Date of Plan06/04/1989
  • Net Assets as of 06/03/2017 $5,855,975,963
  • Plan Number344
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 06/03/2017

  • Active (Eligible) Participants5,473
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits1,264
  • Subtotal6,737
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits25
  • Total6,762
  • Total number of participants as of 05/29/20166,549
  • Number of participants with account balances6,710
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested12

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address30 Rockefeller Plaza
  • CityNew York
  • StateNY
  • Zip10112
  • Telephone(212) 489-1600
  • EIN13-5133500
  • Industry Code541211

Plan Administrator Information

  • Administrator NameRetirement Committee C/O Stephanie Aeder
  • Address30 Rockefeller Plaza
  • CityNew York
  • StateNY
  • Zip10112
  • Telephone(212) 489-1600
  • Administrator EIN13-2857038

Audit Information

  • Audit StatusAudited
  • AuditorLbmc, Pc
  • Auditor EIN62-1199757
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
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.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all 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 A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3B Self-Employed Plan Plan covering Self-Employed individuals.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $100,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? Yes
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? Yes

Financials

Income and Expense Statement

Income $1,022,583,877
Contributions $310,420,575
Cash Contributions $310,420,575
Cash from Employers $193,166,721
Cash from Participants $98,624,092
Others (including rollovers) $18,629,762
Noncash Contributions $0
Total Earnings on Investments $705,597,300
Total Interest $463,950
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $463,950
Interest from Other Investments $0
Total Dividends $115,013,799
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $130,670,677
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $459,448,874
Other Income $6,566,002
Expenses $249,960,045
Total Benefit Payments $248,964,292
Directly to participants or beneficiaries, including direct rollovers $248,964,292
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $995,753
Professional Fees $23,475
Contract Administrator Fees $307,393
Investment Advisory and management fees $493,970
Other Administrative Fees $170,915
Net Income $772,623,832
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $9,108,930

Asset and Liability Statement

06/03/2017 05/28/2016 Change YOY
Total Assets $5,855,975,963 $5,010,329,240 16.88%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $119,992,916 $122,621,120 -2.14%
Employer Contributions $81,168,694 $81,876,965 -0.87%
Participant Contributions $38,824,222 $40,744,155 -4.71%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $11,880,172 $12,453,500 -4.60%
Value of interest in common/collective trusts $2,687,397,757 $704,374,615 281.53%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $3,036,705,118 $4,170,880,005 -27.19%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $5,855,975,963 $5,010,329,240 16.88%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Dreyfus Investments
  • T. Rowe Price Associates, Inc.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Vanguard Group Inc. Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (general), Investment advisory (participants), Participant loan processing, Other fees NONE $995,753 $0 $995,753
Total $995,753 $0 $995,753

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Vftc Institutional 500 Index Trust Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $417,096,324
Vftc Inst Tot Bd Mkt Ix Tr Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $345,808,896
Target Retirement 2035 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $325,057,398
Target Retirement 2025 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $306,503,877
Vanguard Inst Tot Intl St Mt Ix Tr Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $270,245,268
Vftc Instl Tot Stk Mkt Idx Tr Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $264,996,670
Target Retirement 2030 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $212,012,764
Vanguard Retirement Svgs Trust II Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $131,468,961
Target Retirement 2020 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $129,262,461
Target Retirement 2040 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $119,203,935
Target Retirement 2015 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $78,966,267
Target Retirement 2045 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $56,044,835
Target Retirement Income Trust Sele Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $17,768,026
Target Retirement 2010 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $7,739,169
Target Retirement 2050 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $3,091,561
Target Retirement 2060 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $1,262,902
Target Retirement 2055 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $868,443
Vanguard Retirement Svgs Trust III Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $0
Total $2,687,397,757

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.