Connecticut › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Retirement Income Guarantee Plan of Xerox Corporation and the Xerographic Division, Rochester Regional Joint Board on Behalf of Itself and O
Sponsored by Xerox Corporation, Norwalk, CT
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Nov 2025, Retirement Income Guarantee Plan of Xerox Corporation and the Xerographic Division, Rochester Regional Joint Board on Behalf of Itself and O covered 678 participants and held $63.7M in net assets. The plan is a defined benefit pension plan sponsored by Xerox Corporation of Norwalk, Connecticut.
Net assets came to $93,947 per participant, above the $86,794 median for defined benefit plans with 500 to 999 participants and well above the $68,040 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $3.4M for the year ($27,934 per active participant) and benefits paid were $10.5M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $395K: $583 per participant, well above the same-size median of $377. Administrative expenses charged to the plan were $611K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $237M in 2009 to $63.7M in 2024 (down 73%), and participants from 2,442 to 678 (down 72%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $93,947 | $86,794 | $68,040 | $86,073 |
| Employer contributions per active participant | $27,934 | $10,758 | $6,912 | $10,170 |
| Schedule C compensation per participant | $583 | $377 | $305 | $344 |
| Schedule C compensation, share of net assets | 0.62% | 0.48% | 0.48% | 0.43% |
| Administrative expenses per participant | $901 | $590 | $499 | $526 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (878 plans), manufacturing (1,556) and all US plans (5,366). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 678 | $63.7M | $93,947 | $3.4M | — | $395K |
| 2023 | 678 | $66.5M | $98,121 | $3.0M | — | $333K |
| 2022 | 691 | $62.3M | $90,151 | $482K | — | $298K |
| 2021 | 728 | $73.8M | $101,401 | $17.2M | — | $373K |
| 2020 | 823 | $127M | $154,763 | — | — | $275K |
| 2019 | 904 | $151M | $167,523 | $10.0M | — | $460K |
| 2018 | 968 | $133M | $137,890 | — | — | $559K |
| 2017 | 1,140 | $150M | $131,448 | — | — | $397K |
| 2016 | 1,456 | $231M | $158,698 | $37.0M | — | $286K |
| 2015 | 1,558 | $200M | $128,539 | $9.1M | — | $317K |
| 2014 | 1,288 | $224M | $174,016 | $9.0M | — | $350K |
| 2013 | 1,347 | $210M | $155,920 | — | — | $338K |
| 2012 | 1,845 | $251M | $136,151 | — | — | $230K |
| 2011 | 2,139 | $252M | $118,042 | $21.4M | — | $260K |
| 2010 | 2,334 | $257M | $109,973 | $8.6M | — | $213K |
| 2009 | 2,442 | $237M | $97,239 | $17.0M | — | $239K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$66,526,000
- Employer contributions$3,380,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$3,380,000
- Total income, including investment results$8,283,000
- Benefits paid$10,502,000
- Administrative expenses$611,000
- Total expenses$11,113,000
- Net income−$2,830,000
- Net transfers$0
- Net assets, end of year$63,696,000
Participants
- Active participants121
- Retired or separated, receiving benefits192
- Retired or separated, entitled to future benefits323
- Total participants, end of year678
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Aon Consulting | Accounting (including auditing); Actuarial; Consulting (general) | $175,486 | $0 |
| Conduent Incorporated | Recordkeeping and information management | $71,369 | $0 |
| The Kullman Firm | Legal | $66,864 | $0 |
| PWC LLP | Accounting (including auditing) | $26,999 | $0 |
| State Street Bank and Trust Company | Recordkeeping and information management; Trustee (directed) | $24,495 | $0 |
| Xerox Corporation | Contract Administrator | $16,368 | $0 |
| Rocaton Investment Advisors, LLC | Investment advisory (plan) | $7,837 | $0 |
| Meketa Investment Group, Inc. | Investment advisory (plan) | $5,639 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$263,136
- Actuarial fees$123,850
- Recordkeeping fees$76,189
- Legal fees$71,169
- IQPA audit fees$26,999
- Trustee and custodial fees$19,813
- Contract administrator fees$16,368
- Investment advisory and management fees$13,476
- Total administrative expenses$611,000
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$62.5M · 98.1%
- Receivables$1.2M · 1.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmPricewaterhouseCoopers LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $15,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1FCode section 414(k) arrangement1IFrozen plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 334110: Computer & Peripheral Equipment Mfg.
Other plans of Xerox Corporation
| Plan | Participants | Net assets |
|---|---|---|
| Xerox Corporation Savings Plan | 20,394 | $3.98B |
| Xerox Corporation Retirement Income Guarantee Plan | 13,458 | $1.50B |
| Savings Plan of Xerox Corporation and the Xerographic Div Rochester Regional Joint Board | 925 | $103M |
Similar plans in Connecticut
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Retirement Plan for Employees of Sargent Manufacturing Company and Amstar Electronics Group | Sargent Manufacturing Company Assa Abloy, Inc. | 698 | $72.2M | $103,495 |
| National Starch and Chemical Company Consolidated Pension Plan | Henkel US Operations Corporation | 499 | $112M | $223,708 |
| Bic Consumer Products Manufacturing Co., Inc. Local Union 134L Pension Plan | Bic Corporation | 785 | $53.3M | $67,913 |
| Salaried Employees' Retirement Plan of the Eastern Company | The Eastern Company | 437 | $37.6M | $86,131 |
| The Dial Corporation Future Security Plan | Henkel of America, Inc. | 812 | $96.0M | $118,284 |
| Jarvis Pension Plan | Jarvis Pension Plan | 430 | $110M | $256,848 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Retirement Income Guarantee Plan of Xerox Corporation and the Xerographic Division, Rochester Regional Joint Board on Behalf of Itself and O?
678 participants at the end of the plan year ending 30 Nov 2025, of whom 121 were active employees, with net assets of $63,696,000. Among defined benefit plans that places it in the 500 to 999 participants band, which held 878 plans in plan year 2024.
What does Xerox Corporation contribute per participant?
The filing reports $3,380,000 in employer contributions for the year, which is $27,934 per active participant; the median for plans of the same type and size was $10,758 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $395,057 in compensation to service provider organisations, $583 per participant or 0.62% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $611,000. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Xerox Corporation. Recordkeeping or administration: Conduent Incorporated, State Street Bank and Trust Company and Xerox Corporation. Investment advisory or management: Rocaton Investment Advisors, LLC and Meketa Investment Group, Inc.. Trustee or custodian: State Street Bank and Trust Company. The financial statements were audited by PricewaterhouseCoopers LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 15 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 16-0468020, plan 003, received 15 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.