Retirement plan
PETERBILT NASHVILLE - LOCAL 1832 UAW RETIREMENT
PACCAR, INCEIN 91-0351110Plan #030PY 2023
Other plans on this EIN
2 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
LETICIA CASTRO
Signed 07/11/2024
Plan administrator entity
JOINT BOARD OF ADMINISTRATION, PETERBILT NASHVILLE LOCAL 1832 UAW
EIN 620990367
1700 WOODBROOK STREET · DENTON, TX 76205
(940) 591-4000Summary metrics
Total assets (EOY)
$90.8M
-1.2% from 2016
Total participants
862
+1.4% from 2016
Average account balance
$0
No prior year
Annual return
7.46%
-9.44 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,486 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $16,857
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $133,386
0
Admin fee / account holder
$0
median $3,122
51
Annual return
7.46%
median 7.01%
Overall peer rank
51of 100
51st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$84.30M
Average account balance
Total assets / participants with a balance (line 6g)
$100K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
847
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
Not enough data
0 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.80%
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 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FRANK RUSSELL TRUST CO9+ years Service code 25 · EIN 91-1116938 | Directed Trustee | $224,318 |
USI CONSULTING3 years Service code 11 · EIN 06-1053228 | Actuarial | $114,479 |
ERNST & YOUNG3 years Service code 10 · EIN 34-6565596 | Accounting | $28,375 |
STATE STREET CORPORATION9+ years Service code 18 · EIN 04-1867445 | Custodial (other than securities) | $17,383 |
Enrolled actuary
1 attachment
SB
TIMOTHY C. LAVENDER, F.S.A.
USI CONSULTING GROUP
Enrollment #2306745
5301 VIRGINIA WAY, SUITE 400
BRENTWOOD, TN 370277542
(629) 895-7822
Signed 2024-07-08
Plan features & details
Pension benefit codes1B
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
Opportunity flags
2 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$469K
- Investment mgmt$310K66.2%
- Actuarial$46K9.8%
- Other / not subdivided$113K24.1%
% of EOY assets
0.517%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- ERNST & YOUNG, LLP
- Auditor EIN
- 346565596
- Audit fees
- $28,375
- Opinion code
- Unqualified