PlanOptica
Retirement plan

IAM NATIONAL PENSION FUND

BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUNDEIN 51-6031295Plan #002PY 2015
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1300 CONNECTICUT AVENUE, NW - WASHINGTON, DC 200361711202-785-2658LinkedIn10001+ employeesmachinery
Prospect flagsHigh retiree %Low returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(202) 785-2658
How to read this page

Summary metrics

Total assets (EOY)
$10970.7M
-3.0% from 2016
Total participants
283,622
-2.2% from 2016
Average account balance
$0
No prior year
Annual return
-4.39%
-9.93 pp from 2016

Benchmarks

See 209 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort209 peers
Snapshot2015
Participant deferral / active EE
$0
median $28
Employer contribution / active EE
$3,797
median $5,273
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $47,522
Admin fee / account holder
$0
median $275
Annual return
-4.39%
median -0.88%
Overall peer rank
18th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$15.01B
Average account balance
Total assets / participants with a balance (line 6g)
$48K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
208,887
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
$640.24M
Contributions per participant
Average employer and participant contribution per enrolled participant
$6K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.79%
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
ProviderService typeCompensation
PERMAL ASSET MANAGEMENT1+ years
Service code 28 · EIN 41-2048502
Investment Management
$4,968,480
HAMILTON LANE ADVISORS LLC1+ years
Service code 28 · EIN 23-2962336
Investment Management
$2,947,540
THE ROCK CREEK GROUP1+ years
Service code 28 · EIN 04-3648062
Investment Management
$2,737,413
JACKSON SQUARE PARTNERS, LLC1+ years
Service code 28 · EIN 80-0945254
Investment Management
$1,842,087
ADVISORY RESEARCH INC1+ years
Service code 28 · EIN 36-2831881
Investment Management
$1,581,470
NEWSOUTH CAPITAL MANAGEMENT INC1+ years
Service code 28 · EIN 62-1237220
Investment Management
$1,551,286
LOOMIS, SAYLES & COMPANY1+ years
Service code 28 · EIN 04-3200030
Investment Management
$1,548,957
DRIEHAUS CAPITAL MANAGEMENT LLC1+ years
Service code 28 · EIN 20-3634295
Investment Management
$1,404,728
LONDON COMPANY OF VIRGINIA1+ years
Service code 28 · EIN 90-0824693
Investment Management
$1,394,750
T. ROWE PRICE TRUST COMPANY1+ years
Service code 21 · EIN 52-1309931
Bank Trustee
$1,213,045

Enrolled actuary

1 attachment
MB

GENE KALWARSKI, FSA, EA

CHEIRON, INC.
Enrollment #1402845
1750 TYSONS BLVD., SUITE 1100
MCLEAN, VA 22102
(703) 893-1456
Signed 2016-09-27

Plan features & details

Pension benefit codes1B
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

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
$61.3M
$589 / participant
  • Investment mgmt$31M50.2%
  • Other / not subdivided$31M49.8%
% of EOY assets
0.559%
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