Retirement plan
CENTRAL STATES, SOUTHEAST & SOUTHWEST AREAS PENSION PLAN
TRUSTEES OF CENTRAL STATES, SE AND SW AREAS PENSION FUNDEIN 36-6044243Plan #001PY 2017
9377 WEST HIGGINS ROAD - ROSEMONT, IL 600184938847-518-9800LinkedIn10001+ employeespackage/freight delivery
Prospect flagsHigh retiree %Low participant contribution
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$18679.6M
+6.8% from 2016
Total participants
390,079
+1.6% from 2016
Average account balance
$0
No prior year
Annual return
20.91%
-5.19 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort240 peers
Snapshot2017
3
Participant deferral / active EE
$0
median $34
49
Employer contribution / active EE
$9,587
median $8,645
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $14,491,905
0
Admin fee / account holder
$0
median $81,210
95
Annual return
20.91%
median 13.24%
Overall peer rank
49of 100
49th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$48.22B
Average account balance
Total assets / participants with a balance (line 6g)
$145K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
293,918
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
$455.03M
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.91%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 of 50 by compensation
| Provider | Service type | Compensation |
|---|---|---|
NORTHERN TRUST INVESTMENTS, INC.3+ years Service code 31 · EIN 36-3608252 | Named fiduciary | $4,649,719 |
THE BANK OF NEW YORK MELLON3+ years Service code 15 · EIN 13-5160382 | Recordkeeping | $4,056,793 |
LSV ASSET MANAGEMENT3+ years Service code 51 · EIN 23-2772200 | Investment Mgmt Fees | $1,667,379 |
Service code 51 · EIN 47-2614791 | Investment Mgmt Fees | $1,268,224 |
CAUSEWAY CAPITAL MANAGEMENT LLC3+ years Service code 51 · EIN 95-4861680 | Investment Mgmt Fees | $1,149,662 |
Service code 51 · EIN 98-1068837 | Investment Mgmt Fees | $1,125,350 |
OAKTREE CAPITAL MANAGEMENT, L.P.3+ years Service code 51 · EIN 26-0189082 | Investment Mgmt Fees | $1,124,568 |
Service code 51 | Investment Mgmt Fees | $1,107,965 |
WCM INVESTMENT MANAGEMENT3+ years Service code 51 · EIN 95-3046237 | Investment Mgmt Fees | $923,968 |
Service code 51 · EIN 23-2859590 | Investment Mgmt Fees | $894,648 |
Enrolled actuary
1 attachment
MB
DANIEL V. CINER, MAAA
SEGAL CONSULTING
Enrollment #1705773
101 NORTH WACKER DRIVE, SUITE 500
CHICAGO, IL 606061724
(312) 984-8500
Signed 2018-08-17
Reportable transactions (Schedule G)
7 rows
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 1 Loan in default | NEW WORLD RESOURCES N.V., THE SHARD | — | — | — |
| Part 1 Loan in default | SAMARCO MINERACAO S.A. | — | — | — |
| Part 1 Loan in default | SAMARCO MINERACAO S.A. | — | — | — |
| Part 1 Loan in default | SAMARCO MINERACAO S.A. | — | — | — |
| Part 1 Loan in default | TONON LUXEMBOURG S.A. | — | — | — |
| Part 1 Loan in default | VIRGOLINO DE OLIVEIRA FINANCE S.A. | — | — | — |
| Part 1 Loan in default | WALTER INVESTMENT MANAGEMENT CORP. | — | 1100 VIRGINIA DRIVE, SUITE 100 FT WASHINGTON, PA 19034 | — |
Top hat statement on fileNQDC
Filed November 22, 2002
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.
Plan features & details
Pension benefit codes1B1E
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
Opportunity flags
2 tripped
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$72.5M
$1118 / participant
- Investment mgmt$26M36.2%
- Other / not subdivided$46M63.8%
% of EOY assets
0.388%
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
- LINDQUIST LLP
- Auditor EIN
- 522385296
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified