Retirement plan

COLLINS BROTHERS MOVING CORP. PENSION PLAN FOR UNION EMPLOYEES

Name: COLLINS BROTHERS COMMERCIAL MOVING CORP. - COLLINS BROTHERS MOVING CORP. PENSION PLAN FOR UNION EMPLOYEES (2017) Form 5500
Creator: COLLINS BROTHERS COMMERCIAL MOVING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLINS BROTHERS MOVING CORP. PENSION PLAN FOR UNION EMPLOYEES, COLLINS BROTHERS COMMERCIAL MOVING CORP.

COLLINS BROTHERS COMMERCIAL MOVING CORP.EIN 13-3705652Plan #001PY 2017

620 FIFTH AVENUE - LARCHMONT, NY 105381995914-834-0048

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+17.8% from 2016

Total participants

-6.7% from 2016

Average account balance

$236,182

+26.2% from 2016

Annual return

12.95%

+6.72 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.00M

Not enough data

1 years with asset history on file

Average account balance

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

$333K

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.

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$83K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+4.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2497

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2G3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$14K

$1748 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.423%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$236,182

$102,547+130.3%

$78,210+202.0%

$147,586+60.0%

Participation rate

100.0%

74.4%+25.6pp

68.7%+31.3pp

82.8%+17.2pp

Annual return

12.95%

51.08%-38.1pp

40.90%-28.0pp

578.59%-565.6pp

Employer contribution / active EE

$17,543

$2,617+570.4%

$2,034+762.7%

$4,876+259.8%

Participant deferral / active EE

$3,481-100.0%

$2,823-100.0%

$5,439-100.0%

Admin fee / account holder

$999

$5,059-80.3%

$3,758-73.4%

$10,886-90.8%

COLLINS BROTHERS MOVING CORP. PENSION PLAN FOR UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLINS BROTHERS MOVING CORP. PENSION PLAN FOR UNION EMPLOYEES

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