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 (2019) 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 2019

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

-25.0% from 2018

Total participants

-7.7% from 2018

Average account balance

$201,518

-18.8% from 2018

Annual return

12.43%

+17.98 pp from 2018

Benchmarks

See 1,117 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,117 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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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

See the 9-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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

$1.3M

$261459 / participant

Other / not subdivided$1M100.0%

% of EOY assets

54.060%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,518

$118,919+69.5%

$88,538+127.6%

$152,861+31.8%

Participation rate

100.0%

73.4%+26.6pp

68.7%+31.3pp

82.4%+17.6pp

Annual return

12.43%

47.92%-35.5pp

43.64%-31.2pp

345.32%-332.9pp

Employer contribution / active EE

$17,811

$2,669+567.4%

$2,098+748.9%

$4,762+274.0%

Participant deferral / active EE

$3,549-100.0%

$2,914-100.0%

$5,850-100.0%

Admin fee / account holder

$108,941

$5,876+1754.0%

$4,310+2427.5%

$11,596+839.4%

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