Retirement plan
GCIU - EMPLOYER RETIREMENT BENEFIT PLAN
BOARD OF TRUSTEES GCIU-EMPLOYER RETIREMENT BENEFIT PLANEIN 91-6024903Plan #001PY 2017
1200 WILSHIRE BLVD, FIFTH FLOOR - LOS ANGELES, CA 900171906562-463-5000
Prospect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
HUGH GAYLORD
Signed 08/31/2018
Summary metrics
Total assets (EOY)
$1111.3M
-0.2% from 2016
Total participants
45,542
+2.2% from 2016
Average account balance
$0
No prior year
Annual return
12.43%
-5.49 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort100 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $317
37
Employer contribution / active EE
$12,992
median $12,694
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
45
Annual return
12.43%
median 12.77%
Overall peer rank
41of 100
41st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$1.76B
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.
35,979
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
$36.70M
Contributions per participant
Average employer and participant contribution per enrolled participant
$32K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+121.91%
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 32 by compensation
| Provider | Service type | Compensation |
|---|---|---|
BENEFIT PROGRAMS ADMINISTRATION3+ years Service code 13 · EIN 13-2501278 | Contract Administrator | $1,636,475 |
Service code 28 · EIN 22-1211670 | Investment Management | $571,216 |
LOOMIS, SAYLES & COMPANY LP3+ years Service code 51 · EIN 04-3200030 | Investment Mgmt Fees | $537,867 |
CORNWELL & BALDWIN3+ years Service code 29 · EIN 32-0453228 | Legal | $525,587 |
INVESCO TRUST COMPANY2 years Service code 28 · EIN 46-3793325 | Investment Management | $508,988 |
Service code 28 · EIN 01-0614895 | Investment Management | $428,007 |
Service code 27 · EIN 94-2854958 | Advisory (Plan) | $364,083 |
LINDQUIST LLP3+ years Service code 10 · EIN 52-2385296 | Accounting | $328,487 |
SOUTHERNSUN ASSET MANAGEMENT LLC3+ years Service code 27 · EIN 27-2990431 | Advisory (Plan) | $231,466 |
JP MORGAN INVESTMENT MGMT INC3+ years Service code 27 · EIN 13-3200244 | Advisory (Plan) | $231,338 |
Enrolled actuary
1 attachment
MB
REX E. BARKER
MILLIMAN, INC.
Enrollment #1706932
1301 FIFTH AVENUE, SUITE 3800
SEATTLE, WA 981012605
(206) 624-7940
Signed 2018-08-24
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
1 tripped
- 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
$9.6M
$3736 / participant
- Investment mgmt$5M55.4%
- Contract admin$1M15.1%
- Other / not subdivided$3M29.5%
% of EOY assets
0.868%
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
- LINDQUIST LLP
- Auditor EIN
- 522385296
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified