Retirement plan

UTILITY WORKERS OF AMERICA DEFERRED COMPENSATION PLAN

Name: BOARD OF TRUSTEES OF THE UW OF A DEFERRED COMPENSATION PLAN - UTILITY WORKERS OF AMERICA DEFERRED COMPENSATION PLAN (2016) Form 5500
Creator: BOARD OF TRUSTEES OF THE UW OF A DEFERRED COMPENSATION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UTILITY WORKERS OF AMERICA DEFERRED COMPENSATION PLAN, BOARD OF TRUSTEES OF THE UW OF A DEFERRED COMPENSATION PLAN

BOARD OF TRUSTEES OF THE UW OF A DEFERRED COMPENSATION PLANEIN 06-1822042Plan #001PY 2016

6525 CENTURION DRIVE - LANSING, MI 489179275517-321-7502

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.1M

+22.2% from 2015

Total participants

400

+3.9% from 2015

Average account balance

$51,214

+17.2% from 2015

Annual return

9.06%

+11.86 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$100.37M

Not enough data

1 years with asset history on file

Average account balance

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

$169K

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.

594

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$187

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 6 by compensation

Provider	Service type	Compensation
UTILITY WORKERS UNION OF AMERICA2+ years Service code 14 · EIN 06-1822042	Plan Administrator	$78,278
MORGAN STANLEY SMITH BARNEY1 year Service code 49 · EIN 26-4310632	Other Services	$46,173
LEGGHIO & ISRAEL, P.C.2+ years Filed as: LEGGHIO AND ISREAL Service code 29 · EIN 38-1971448	Legal	$23,362
TIC INTERNATIONAL CORPORATION2+ years Service code 15 · EIN 13-2600875	Recordkeeping	$9,600
CALIBRE CPA GROUP PLLC2+ years Filed as: CALIBRE CPA GROUP, PLLC Service code 10 · EIN 47-0900880	Accounting	$5,100
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$94K

$235 / participant

Investment mgmt$46K49.1%
Contract admin$10K10.2%
Other / not subdivided$38K40.7%

% of EOY assets

0.468%

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: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,214

$57,921-11.6%

$84,753-39.6%

$57,658-11.2%

Participation rate

98.0%

72.9%+25.1pp

76.6%+21.4pp

70.2%+27.8pp

Annual return

9.06%

10.24%-1.2pp

22.78%-13.7pp

5.13%+3.9pp

Employer contribution / active EE

$2,259

$2,598-13.0%

$3,574-36.8%

$1,974+14.5%

Participant deferral / active EE

$6,657

$2,742+142.8%

$3,712+79.3%

$3,061+117.5%

Admin fee / account holder

$240

$130+85.0%

$5,333-95.5%

$95+153.8%

Provider

Service type

Compensation

UTILITY WORKERS UNION OF AMERICA2+ years

Service code 14 · EIN 06-1822042

Plan Administrator

$78,278

MORGAN STANLEY SMITH BARNEY1 year

Service code 49 · EIN 26-4310632

Other Services

$46,173

LEGGHIO & ISRAEL, P.C.2+ years

Filed as: LEGGHIO AND ISREAL

Service code 29 · EIN 38-1971448

Legal

$23,362

TIC INTERNATIONAL CORPORATION2+ years

Service code 15 · EIN 13-2600875

Recordkeeping

$9,600

CALIBRE CPA GROUP PLLC2+ years

Filed as: CALIBRE CPA GROUP, PLLC

Service code 10 · EIN 47-0900880

Accounting

$5,100

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

UTILITY WORKERS OF AMERICA DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UTILITY WORKERS OF AMERICA DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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