Retirement plan

PENSION FUND OF MAKE-UP ARTISTS & HAIR STYLISTS UNION - LOCAL 798 - IATSE

Name: BOARD OF TRUSTEES OF PENSION FUND OF MAKEUP ARTISTS & HAIR STYLISTS - PENSION FUND OF MAKE-UP ARTISTS & HAIR STYLISTS UNION - LOCAL 798 - IATSE (2024) Form 5500
Creator: BOARD OF TRUSTEES OF PENSION FUND OF MAKEUP ARTISTS & HAIR STYLISTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENSION FUND OF MAKE-UP ARTISTS & HAIR STYLISTS UNION - LOCAL 798 - IATSE, BOARD OF TRUSTEES OF PENSION FUND OF MAKEUP ARTISTS & HAIR STYLISTS

BOARD OF TRUSTEES OF PENSION FUND OF MAKEUP ARTISTS & HAIR STYLISTSEIN 13-6116950Plan #001PY 2024

PO BOX 17928 - LOS ANGELES, CA 900170928201-592-6800

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$155.9M

+20.8% from 2023

Total participants

1,921

-12.7% from 2023

Average account balance

No prior year

Annual return

18.26%

+15.89 pp from 2023

Benchmarks

See 102 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants1,000-4,999

Cohort102 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$155.86M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

656

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 12 by compensation

Provider	Service type	Compensation
THE SEGAL COMPANY9+ years Filed as: THE SEGAL CO. (EASTERN STATES) INC. Service code 11 · EIN 13-1835864	Actuarial	$104,622
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS, INC. Service code 13 · EIN 95-4654044	Contract Administrator	$102,722
RIDGEWORTH1 year Filed as: KAYNE ANDERSON RUDNICK INVST MGMT Service code 28 · EIN 95-4191764	Investment Management	$78,696
PROSKAUER ROSE LLP9+ years Filed as: PROSKAUER ROSE, LLP Service code 29 · EIN 13-1840454	Legal	$78,556
THE SEGAL COMPANY8 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$75,250
SCHULTHEIS & PANETTIERI, LLP8 years Service code 10 · EIN 13-1577780	Accounting	$70,148
INCOME RESEARCH & MANAGEMENT1 year Filed as: INCOME RESEARCH + MANAGEMENT Service code 28 · EIN 04-2955404	Investment Management	$55,649
SPIVAK LIPTON LLP9+ years Filed as: SPIVAK LIPTON, LLP Service code 29 · EIN 13-3494495	Legal	$47,188
JPMORGAN INVEST HOLDINGS LLC9+ years Filed as: JP MORGAN CHASE BANK, N.A. Service code 28 · EIN 13-4994650	Investment Management	$40,310
AMALGAMATED BANK9+ years Service code 19 · EIN 13-4920330	Securities Custodian	$7,637

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$807 / participant

Recordkeeping$7K0.7%
Trustee / custodial$8K0.7%
Investment mgmt$473K46.4%
Legal$126K12.3%
Actuarial$105K10.3%
Other trustee fees$3K0.3%
Contract admin$103K10.1%
Other / not subdivided$196K19.2%

% of EOY assets

0.655%

all-in expense ratio

Categories reported

7 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHULTHEIS & PANETTIERI, LLP
Auditor EIN: 131577780
Audit fees: $64,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$325,553-100.0%

Participation rate

0.0%

0.0%0pp

16.2%-16.2pp

0.0%0pp

Annual return

18.26%

5.34%+12.9pp

9.14%+9.1pp

9.30%+9.0pp

Employer contribution / active EE

$6,631

$9,329-28.9%

$40,523-83.6%

$12,551-47.2%

Participant deferral / active EE

$267-100.0%

$42-100.0%

$2,867-100.0%

Admin fee / account holder

$17,411-100.0%

Provider

Service type

Compensation

THE SEGAL COMPANY9+ years

Filed as: THE SEGAL CO. (EASTERN STATES) INC.

Service code 11 · EIN 13-1835864

Actuarial

$104,622

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS, INC.

Service code 13 · EIN 95-4654044

Contract Administrator

$102,722

RIDGEWORTH1 year

Filed as: KAYNE ANDERSON RUDNICK INVST MGMT

Service code 28 · EIN 95-4191764

Investment Management

$78,696

PROSKAUER ROSE LLP9+ years

Filed as: PROSKAUER ROSE, LLP

Service code 29 · EIN 13-1840454

Legal

$78,556

THE SEGAL COMPANY8 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$75,250

SCHULTHEIS & PANETTIERI, LLP8 years

Service code 10 · EIN 13-1577780

Accounting

$70,148

INCOME RESEARCH & MANAGEMENT1 year

Filed as: INCOME RESEARCH + MANAGEMENT

Service code 28 · EIN 04-2955404

Investment Management

$55,649

SPIVAK LIPTON LLP9+ years

Filed as: SPIVAK LIPTON, LLP

Service code 29 · EIN 13-3494495

Legal

$47,188

JPMORGAN INVEST HOLDINGS LLC9+ years

Filed as: JP MORGAN CHASE BANK, N.A.

Service code 28 · EIN 13-4994650

Investment Management

$40,310

AMALGAMATED BANK9+ years

Service code 19 · EIN 13-4920330

Securities Custodian

$7,637

PENSION FUND OF MAKE-UP ARTISTS & HAIR STYLISTS UNION - LOCAL 798 - IATSE

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENSION FUND OF MAKE-UP ARTISTS & HAIR STYLISTS UNION - LOCAL 798 - IATSE

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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