Retirement plan

NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN

Name: BOARD OF TRUSTEES - NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN (2019) Form 5500
Creator: BOARD OF TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN, BOARD OF TRUSTEES

BOARD OF TRUSTEESdba NYSA-ILA MONEY PURCH PENS FD & PLANEIN 13-3769078Plan #004PY 2019

10 EXCHANGE PLACE - JERSEY CITY, NJ 07302201-479-3360

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$507M

-7.7% from 2016

Total participants

4,353

-0.8% from 2016

Average account balance

$116,467

-7.0% from 2016

Annual return

14.88%

-3.83 pp from 2016

Benchmarks

See 239 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort239 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$936.18M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

4,643

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.90M

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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
NYSA-ILA PENSION TRUST FD4 years Service code 49 · EIN 13-5652028 10 EXCHANGE PLACE · JERSEY CITY, NJ 07302	Other Services	$153,351
REYNOLDS CONSULTING SERVICES5+ years Filed as: REYNOLDS CONSULTING SVCS, LLC Service code 17 · EIN 20-1899564 25 NEWBRIDGE ROAD · HICKSVILLE, NY 11801	Pension Consulting	$65,500
THE LAMBOS FIRM, LLP5+ years Service code 29 · EIN 13-3864093 300 SOUTH BROADWAY · TARRYTOWN, NY 10591	Legal	$24,658
PRUDENTIAL RETIREMENT INSURANCE AND5+ years Filed as: PRUDENTIAL RET. INS. & ANN. COMPANY Service code 26 · EIN 06-1050034 280 TRUMBULL STREET · HARTFORD, CT 06103	Advisory (Participants)	$21,173
DESENA & CO, CPAS, LLC5+ years Service code 10 · EIN 20-0609534 100 EAGLE ROCK AVENUE · EAST HANOVER, NJ 07936	Accounting	$17,513
MARRINAN & MAZZOLA MARDON P.C.5+ years Service code 29 · EIN 13-3303633 26 BROADWAY · NEW YORK, NY 10004	Legal	$8,255
THE ROLLS OFFSET GROUP, INC.5+ years Service code 36 · EIN 13-3260900 777 TERRACE AVENUE · HASBROUCK HEIGHTS, NJ 07604	Copying and duplicating	$6,731
OFFICIAL OFFSET CORP.1 year Service code 36 · EIN 11-1844917	Copying and duplicating	$6,614

Plan features & details

Pension benefit codes2C2F2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$304K

$77 / participant

Investment mgmt$66K21.6%
Contract admin$21K7.0%
Other / not subdivided$217K71.5%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DESENA & COMPANY CPAS, LLC
Auditor EIN: 200609534
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,467

$67,598+72.3%

$75,906+53.4%

$77,775+49.7%

Participation rate

100.0%

69.6%+30.4pp

69.3%+30.7pp

73.2%+26.8pp

Annual return

14.88%

23.18%-8.3pp

30.73%-15.9pp

32.58%-17.7pp

Employer contribution / active EE

$9,892

$2,430+307.1%

$2,501+295.5%

$2,504+295.1%

Participant deferral / active EE

$3,502-100.0%

$3,604-100.0%

$3,966-100.0%

Admin fee / account holder

$70

$96-27.5%

$5,421-98.7%

$100-30.3%

Provider

Service type

Compensation

NYSA-ILA PENSION TRUST FD4 years

Service code 49 · EIN 13-5652028

10 EXCHANGE PLACE · JERSEY CITY, NJ 07302

Other Services

$153,351

REYNOLDS CONSULTING SERVICES5+ years

Filed as: REYNOLDS CONSULTING SVCS, LLC

Service code 17 · EIN 20-1899564

25 NEWBRIDGE ROAD · HICKSVILLE, NY 11801

Pension Consulting

$65,500

THE LAMBOS FIRM, LLP5+ years

Service code 29 · EIN 13-3864093

300 SOUTH BROADWAY · TARRYTOWN, NY 10591

Legal

$24,658

PRUDENTIAL RETIREMENT INSURANCE AND5+ years

Filed as: PRUDENTIAL RET. INS. & ANN. COMPANY

Service code 26 · EIN 06-1050034

280 TRUMBULL STREET · HARTFORD, CT 06103

Advisory (Participants)

$21,173

DESENA & CO, CPAS, LLC5+ years

Service code 10 · EIN 20-0609534

100 EAGLE ROCK AVENUE · EAST HANOVER, NJ 07936

Accounting

$17,513

MARRINAN & MAZZOLA MARDON P.C.5+ years

Service code 29 · EIN 13-3303633

26 BROADWAY · NEW YORK, NY 10004

Legal

$8,255

THE ROLLS OFFSET GROUP, INC.5+ years

Service code 36 · EIN 13-3260900

777 TERRACE AVENUE · HASBROUCK HEIGHTS, NJ 07604

Copying and duplicating

$6,731

OFFICIAL OFFSET CORP.1 year

Service code 36 · EIN 11-1844917

Copying and duplicating

$6,614

NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NYSA-ILA MONEY PURCHASE PENSION FUND AND 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