Retirement plan

32BJ CONNECTICUT PENSION FUND

Name: BD OF TRUSTEES 32BJ CONNECTICUT PENSION FUND - 32BJ CONNECTICUT PENSION FUND (2020) 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 2020

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

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$71.3M

+10.4% from 2019

Total participants

3,548

-0.5% from 2019

Average account balance

No prior year

Annual return

10.67%

-4.43 pp from 2019

Benchmarks

See 977 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants1,000-4,999

Cohort977 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

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

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
BUILDING SERVICE 32BJ HEALTH FUND6+ years Service code 10 · EIN 13-2928869	Accounting	$251,176
SEI INVESTMENTS5 years Filed as: SEI INVESTMENT MGMT CORP Service code 28 · EIN 06-1271230	Investment Management	$246,448
THE SEGAL COMPANY6+ years Service code 11 · EIN 13-1928058	Actuarial	$59,385
WITHUMSMITH+BROWN, PC1 year Filed as: WITHUMSMITH+BROWN PC Service code 10 · EIN 22-2027092	Accounting	$46,000
SLEVIN & HART, P.C.4 years Filed as: SLEVIN & HART, PC Service code 29 · EIN 52-1708613	Legal	$32,132
H&H GRAPHIC PRINTING COMMUNICATIONS4 years Service code 36 · EIN 06-1648637	Direct payment from the plan; Copying...	$21,506
GALLAGHER FIDUCIARY ADVISORS, LLC2 years Service code 27 · EIN 36-4291971	Advisory (Plan)	$20,000
THE SEGAL COMPANY1 year Filed as: SEGAL SELECT INSURANCE SERVICES INC Service code 23 333 WEST 34TH STREET · NEW YORK, NY 10001	Direct payment from the plan; Insuran...	$19,833
JPMORGAN INVEST HOLDINGS LLC4 years Filed as: JPM CHASE BANK Service code 49 · EIN 13-4994650	Other Services	$18,879
SCHULTHEIS & PANETTIERI, LLP3 years Service code 10 · EIN 13-1577780	Accounting	$13,778

Enrolled actuary

1 attachment

Free accounts unlock saves, downloads, and 3-year history.

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

$888K

$470 / participant

Investment mgmt$280K31.5%
Other / not subdivided$608K68.5%

% of EOY assets

1.245%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$229,060-100.0%

Participation rate

0.0%

0.0%0pp

27.3%-27.3pp

0.0%0pp

Annual return

10.67%

12.86%-2.2pp

7.48%+3.2pp

12.86%-2.2pp

Employer contribution / active EE

$1,709

$13,687-87.5%

$39,603-95.7%

$13,687-87.5%

Participant deferral / active EE

$833-100.0%

$172-100.0%

$833-100.0%

Admin fee / account holder

$1,197-100.0%

Provider

Service type

Compensation

BUILDING SERVICE 32BJ HEALTH FUND6+ years

Service code 10 · EIN 13-2928869

Accounting

$251,176

SEI INVESTMENTS5 years

Filed as: SEI INVESTMENT MGMT CORP

Service code 28 · EIN 06-1271230

Investment Management

$246,448

THE SEGAL COMPANY6+ years

Service code 11 · EIN 13-1928058

Actuarial

$59,385

WITHUMSMITH+BROWN, PC1 year

Filed as: WITHUMSMITH+BROWN PC

Service code 10 · EIN 22-2027092

Accounting

$46,000

SLEVIN & HART, P.C.4 years

Filed as: SLEVIN & HART, PC

Service code 29 · EIN 52-1708613

Legal

$32,132

H&H GRAPHIC PRINTING COMMUNICATIONS4 years

Service code 36 · EIN 06-1648637

Direct payment from the plan; Copying...

$21,506

GALLAGHER FIDUCIARY ADVISORS, LLC2 years

Service code 27 · EIN 36-4291971

Advisory (Plan)

$20,000

THE SEGAL COMPANY1 year

Filed as: SEGAL SELECT INSURANCE SERVICES INC

Service code 23

333 WEST 34TH STREET · NEW YORK, NY 10001

Direct payment from the plan; Insuran...

$19,833

JPMORGAN INVEST HOLDINGS LLC4 years

Filed as: JPM CHASE BANK

Service code 49 · EIN 13-4994650

Other Services

$18,879

SCHULTHEIS & PANETTIERI, LLP3 years

Service code 10 · EIN 13-1577780

Accounting

$13,778

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