PlanOptica
Retirement plan

IAM NATIONAL PENSION FUND

BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUNDEIN 51-6031295Plan #002PY 2016
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1300 CONNECTICUT AVENUE, NW - WASHINGTON, DC 200361711202-785-2658LinkedIn10001+ employeesmachinery
Prospect flagsHigh retiree %Low returnsLow employer contribution

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)
$11314.8M
-3.0% from 2016
Total participants
290,008
-2.2% from 2016
Average account balance
$0
No prior year
Annual return
5.54%
-9.93 pp from 2016

Benchmarks

See 32 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants>=10,000
Cohort32 peers
Snapshot2016
Participant deferral / active EE
$0
median $61
Employer contribution / active EE
$3,972
median $5,746
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $40,289
Admin fee / account holder
$0
median $312
Annual return
5.54%
median 7.59%
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
ENTRUSTPERMAL1 year
Service code 51 · EIN 41-2048502
Investment Mgmt Fees
$3,908,559
HAMILTON LANE (LEGACY)1 year
Service code 51 · EIN 23-2962336
Investment Mgmt Fees
$2,977,890
ROCK CREEK GROUP1 year
Service code 28 · EIN 04-3648062
Investment Management
$2,345,530
LOOMIS, SAYLES & COMPANY2+ years
Service code 51 · EIN 04-3200030
Investment Mgmt Fees
$2,098,167
JACKSON SQ PARTNERS1 year
Service code 51 · EIN 80-0945254
Investment Mgmt Fees
$2,066,877
NEW SOUTH CAPITAL MGMT1 year
Service code 51 · EIN 62-1237220
Investment Mgmt Fees
$1,801,974
ADVISORY RESEARCH1 year
Service code 28 · EIN 36-2831881
Investment Management
$1,706,577
THE) LONDON COMPANY1 year
Service code 28 · EIN 90-0824693
Investment Management
$1,636,998
DRIEHAUS CAPITAL MGMT1 year
Service code 28 · EIN 20-3634295
Investment Management
$1,601,754
ACADIAN ASSET MGMT1 year
Service code 28 · EIN 04-2929221
Investment Management
$1,224,112

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 2017-07-17

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

3 tripped
  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • 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
$60.7M
$583 / participant
  • Investment mgmt$29M48.5%
  • Other / not subdivided$31M51.5%
% of EOY assets
0.537%
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