Retirement plan

CEMENT & CONCRETE WORKERS DC ANNUITY FUND

Name: CEMENT AND CONCRETE WORKERS DC ANNUITY FUND - CEMENT & CONCRETE WORKERS DC ANNUITY FUND (2015) Form 5500
Creator: CEMENT AND CONCRETE WORKERS DC ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CEMENT & CONCRETE WORKERS DC ANNUITY FUND, CEMENT AND CONCRETE WORKERS DC ANNUITY FUND

CEMENT AND CONCRETE WORKERS DC ANNUITY FUNDEIN 11-2942389Plan #003PY 2015

35-30 FRANCIS LEWIS BOULEVARD, SUITE 201 - FLUSHING, NY 11358718-762-6133

Prospect flagsLow participationLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$138.7M

No prior year

Total participants

10,978

No prior year

Average account balance

$27,074

No prior year

Annual return

1.59%

No prior year

Benchmarks

See 73 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants5,000-9,999

Cohort73 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$209.67M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

2,752

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

$11.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$360

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 8 by compensation

Provider	Service type	Compensation
KENNEDY CAPITAL MANAGEMENT1+ years Filed as: KENNEDY, JENNICK, MURRAY Service code 29 · EIN 25-1919594	Legal	$225,758
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK TRUST COMPANY LLC Service code 27 · EIN 01-0233346	Advisory (Plan)	$221,823
MARIA DANYLUK1+ years Filed as: MARIA M. CORONA Service code 30 · EIN 11-2942389	Employee (plan)	$59,781
REYNOLDS CONSULTING SERVICES1+ years Filed as: REYNOLDS SECURITIES LTD. Service code 27 · EIN 13-2651775	Advisory (Plan)	$36,750
AUDIT AND TAX SOLUTIONS1+ years Filed as: AUDIT ASSOCIATES, INC. Service code 10 · EIN 11-3524314	Accounting	$31,915
D'ARCANGELO & CO., LLP1+ years Service code 10 · EIN 13-2550103 510 HAIGHT AVENUE · POUGHKEEPSIE, NY 12603	Accounting	$28,305
SILVANA BALDO1+ years Service code 14 · EIN 11-2942389	Plan Administrator	$25,626
LERNER LAW FIRM AND ASSOCIATES1+ years Filed as: LERNER LAW FIRM Service code 29 · EIN 27-3629002	Legal	$17,959

Plan features & details

Pension benefit codes2A2H2R2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$768K

$80 / participant

Investment mgmt$259K33.7%
Other / not subdivided$510K66.3%

% of EOY assets

0.554%

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: D'ARCANGELO & CO., LLP
Auditor EIN: 132550103
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,074

$83,458-67.6%

$123,105-78.0%

$67,505-59.9%

Participation rate

39.2%

84.5%-45.3pp

86.8%-47.5pp

71.2%-32.0pp

Annual return

1.59%

1.29%+0.3pp

13.22%-11.6pp

6.52%-4.9pp

Employer contribution / active EE

$1,552

$3,087-49.7%

$5,151-69.9%

$2,173-28.6%

Participant deferral / active EE

$5,379-99.9%

$6,229-99.9%

$3,597-99.9%

Admin fee / account holder

$150

$60+151.0%

$9,014-98.3%

$56+167.0%

Provider

Service type

Compensation

KENNEDY CAPITAL MANAGEMENT1+ years

Filed as: KENNEDY, JENNICK, MURRAY

Service code 29 · EIN 25-1919594

Legal

$225,758

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK TRUST COMPANY LLC

Service code 27 · EIN 01-0233346

Advisory (Plan)

$221,823

MARIA DANYLUK1+ years

Filed as: MARIA M. CORONA

Service code 30 · EIN 11-2942389

Employee (plan)

$59,781

REYNOLDS CONSULTING SERVICES1+ years

Filed as: REYNOLDS SECURITIES LTD.

Service code 27 · EIN 13-2651775

Advisory (Plan)

$36,750

AUDIT AND TAX SOLUTIONS1+ years

Filed as: AUDIT ASSOCIATES, INC.

Service code 10 · EIN 11-3524314

Accounting

$31,915

D'ARCANGELO & CO., LLP1+ years

Service code 10 · EIN 13-2550103

510 HAIGHT AVENUE · POUGHKEEPSIE, NY 12603

Accounting

$28,305

SILVANA BALDO1+ years

Service code 14 · EIN 11-2942389

Plan Administrator

$25,626

LERNER LAW FIRM AND ASSOCIATES1+ years

Filed as: LERNER LAW FIRM

Service code 29 · EIN 27-3629002

Legal

$17,959

CEMENT & CONCRETE WORKERS DC ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CEMENT & CONCRETE WORKERS DC ANNUITY FUND

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