Retirement plan
CENTRAL PENSION FUND OF THE IUOE & PARTICIPATING EMPLOYERS
BOARD OF TRUSTEES OF THE CPF OF THE IUOE AND PARTICIPATING EMPLOYERSEIN 36-6052390Plan #001PY 2019
Other plans on this EIN
1 filingProspect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$17853M
-9.5% from 2017
Total participants
213,756
+14.0% from 2017
Average account balance
$0
No prior year
Annual return
-2.12%
-13.76 pp from 2017
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort39 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $0
50
Employer contribution / active EE
$9,381
median $2,966
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $894,319,009
0
Admin fee / account holder
$0
median $2,968,729
0
Annual return
-2.12%
median 19.23%
Overall peer rank
25of 100
25th percentileavg across 6 metrics
Analytics
2016 - 2025
Total assets (EOY)
Plan-year ending balance
$27.44B
Average account balance
Total assets / participants with a balance (line 6g)
$118K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
128,792
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
$1.25B
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
+11.35%
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 |
|---|---|---|
WALTER SCOTT & PARTNERS LIMITED4+ years Service code 28 · EIN 98-0465834 | Investment Management | $2,305,555 |
LOOMIS, SAYLES & COMPANY4+ years Service code 28 · EIN 04-0320030 | Investment Management | $1,886,223 |
DOUBLELINE CAPITAL LP4+ years Service code 28 · EIN 30-0596331 | Investment Management | $1,642,288 |
PACIFIC INVESTMENT MANAGEMENT CO4+ years Service code 28 · EIN 33-0629048 | Investment Management | $1,237,430 |
ROBECO BOSTON PARTNERS4+ years Service code 28 · EIN 13-3959209 | Investment Management | $1,144,400 |
ACADIAN ASSET MANAGEMENT LLC4+ years Service code 28 · EIN 04-2929221 | Investment Management | $959,607 |
MERGANSER CAPITAL MANAGEMENT4+ years Service code 28 · EIN 46-3651540 | Investment Management | $938,744 |
Service code 27 · EIN 36-3109421 | Advisory (Plan) | $844,726 |
ANALYTIC INVESTORS LLC4+ years Service code 28 · EIN 95-2665790 | Investment Management | $822,808 |
DODGE & COX4+ years Service code 28 · EIN 94-1441076 | Investment Management | $643,953 |
Enrolled actuary
1 attachment
MB
JONATHAN M. FELDMAN
HORIZON ACTUARIAL SERVICES, LLC
Enrollment #1706980
8601 GEORGIA AVENUE, SUITE 700
SILVER SPRING, MD 20910
(240) 247-4600
Signed 2019-10-04
Reportable transactions (Schedule G)
3 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 | LEHMAN BROTHERS HOLDINGS, INC. | — | 277 PARK AVENUE NEW YORK, NY 10172 | — |
| Part 1 Loan in default | LEHMAN BROTHERS HOLDINGS, INC. | — | 277 PARK AVENUE NEW YORK, NY 10172 | — |
| Part 1 Loan in default | 1839688 ALBERTA VLC | — | — | — |
Top hat statement on fileNQDC
Filed December 16, 1994
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 codes1A
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
Opportunity flags
2 tripped
- OpportunityLow returns
Annual investment return 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
$37.0M
$371 / participant
- Investment mgmt$17M47.1%
- Other / not subdivided$20M52.9%
% of EOY assets
0.207%
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
- CALIBRE CPA GROUP, PLLC
- Auditor EIN
- 470900880
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified