Retirement plan

32BJ CONNECTICUT PENSION FUND

Name: BD OF TRUSTEES 32BJ CONNECTICUT PENSION FUND - 32BJ CONNECTICUT PENSION FUND (2018) Form 5500
Creator: BD OF TRUSTEES 32BJ CONNECTICUT PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 32BJ CONNECTICUT PENSION FUND, BD OF TRUSTEES 32BJ CONNECTICUT PENSION FUND

BD OF TRUSTEES 32BJ CONNECTICUT PENSION FUNDEIN 06-0909320Plan #001PY 2018

25 WEST 18TH STREET - NEW YORK, NY 100114676212-539-2778

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$55.9M

-4.6% from 2017

Total participants

3,594

+0.1% from 2017

Average account balance

No prior year

Annual return

-5.35%

-18.46 pp from 2017

Benchmarks

See 1,079 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants1,000-4,999

Cohort1,079 peers

Snapshot2018

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Analytics

Total assets (EOY)

Plan-year ending balance

$83.72M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$23K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,922

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.20%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
BUILDING SERVICE 32BJ HEALTH FUND4+ years Service code 10 · EIN 13-2928869	Accounting	$250,268
SEI INVESTMENTS3 years Filed as: SEI INVESTMENT MGMT CORP Service code 28 · EIN 06-1271230	Investment Management	$221,306
THE SEGAL COMPANY4+ years Service code 11 · EIN 13-1928058	Actuarial	$81,675
WITHUMSMITH+BROWN, PC1 year Service code 10 · EIN 22-2027092	Accounting	$44,000
SLEVIN & HART, P.C.4+ years Filed as: SLEVIN & HART P.C. Service code 29 · EIN 52-1708613	Legal	$38,992
SCHULTHEIS & PANETTIERI, LLP1 year Service code 10 · EIN 13-1577780	Accounting	$34,556
HAMILTON LANE ADVISORS, LLC4+ years Service code 28 · EIN 23-2962336	Investment Management	$25,116
GALLAGHER FIDUCIARY ADVISORS, LLC4+ years Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 27 · EIN 36-4291971	Advisory (Plan)	$20,000
JPMORGAN INVEST HOLDINGS LLC2 years Filed as: JPM CHASE BANK Service code 49 · EIN 13-4994650	Other Services	$15,649
H&H GRAPHIC PRINTING COMMUNICATIONS1 year Filed as: H & H GRAPHIC PRINTING COMM Service code 36 · EIN 06-1648637	Direct payment from the plan; Copying...	$14,044

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$905K

$448 / participant

Investment mgmt$279K30.9%
Other / not subdivided$625K69.1%

% of EOY assets

1.618%

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: WITHUM SMITH + BROWN, PC
Auditor EIN: 222077092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,578,776-100.0%

$157,995-100.0%

$21,578,776-100.0%

Participation rate

0.0%

0.0%0pp

41.3%-41.3pp

0.0%0pp

Annual return

-5.35%

33.37%-38.7pp

83.75%-89.1pp

33.37%-38.7pp

Employer contribution / active EE

$1,669

$11,253-85.2%

$41,592-96.0%

$11,253-85.2%

Participant deferral / active EE

$819-100.0%

$77-100.0%

$819-100.0%

Admin fee / account holder

$99,113-100.0%

$678-100.0%

$99,113-100.0%

Provider

Service type

Compensation

BUILDING SERVICE 32BJ HEALTH FUND4+ years

Service code 10 · EIN 13-2928869

Accounting

$250,268

SEI INVESTMENTS3 years

Filed as: SEI INVESTMENT MGMT CORP

Service code 28 · EIN 06-1271230

Investment Management

$221,306

THE SEGAL COMPANY4+ years

Service code 11 · EIN 13-1928058

Actuarial

$81,675

WITHUMSMITH+BROWN, PC1 year

Service code 10 · EIN 22-2027092

Accounting

$44,000

SLEVIN & HART, P.C.4+ years

Filed as: SLEVIN & HART P.C.

Service code 29 · EIN 52-1708613

Legal

$38,992

SCHULTHEIS & PANETTIERI, LLP1 year

Service code 10 · EIN 13-1577780

Accounting

$34,556

HAMILTON LANE ADVISORS, LLC4+ years

Service code 28 · EIN 23-2962336

Investment Management

$25,116

GALLAGHER FIDUCIARY ADVISORS, LLC4+ years

Filed as: GALLAGHER FIDUCIARY ADVISORS LLC

Service code 27 · EIN 36-4291971

Advisory (Plan)

$20,000

JPMORGAN INVEST HOLDINGS LLC2 years

Filed as: JPM CHASE BANK

Service code 49 · EIN 13-4994650

Other Services

$15,649

H&H GRAPHIC PRINTING COMMUNICATIONS1 year

Filed as: H & H GRAPHIC PRINTING COMM

Service code 36 · EIN 06-1648637

Direct payment from the plan; Copying...

$14,044

32BJ CONNECTICUT PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

32BJ CONNECTICUT PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion