Retirement plan

METAL LATHERS LOCAL 46 ANNUITY FUND

Name: BOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUND - METAL LATHERS LOCAL 46 ANNUITY FUND (2015) Form 5500
Creator: BOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, METAL LATHERS LOCAL 46 ANNUITY FUND, BOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUND

BOARD OF TRUSTEES OF METAL LATHERS LOCAL 46 ANNUITY FUNDEIN 13-6179359Plan #001PY 2015

61-02 32ND AVENUE - WOODSIDE, NY 11377212-535-2323

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$260.3M

-7.2% from 2016

Total participants

2,367

+0.6% from 2016

Average account balance

$109,982

-7.8% from 2016

Annual return

2.29%

-1.97 pp from 2016

Benchmarks

See 487 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort487 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$328.34M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

2,034

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

$11.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$249

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
KENNEDY CAPITAL MANAGEMENT1+ years Filed as: KENNEDY, JENNIK & MURRAY, PC. Service code 29 · EIN 25-1919594	Legal	$50,369
SITARA N HINES1+ years Filed as: SITARA N. HINES Service code 30 · EIN 13-6179359	Direct payment from the plan; Employe...	$34,730
DONALD TAYLOR1+ years Filed as: DONALD G. MCCALLION, JR. Service code 29 222 BLOOMINGDALE ROAD · WHITE PLAINS, NY 10605	Legal	$32,000
MARKOWITZ & RICHMAN1+ years Service code 29 · EIN 23-2111581	Legal	$32,000
REYNOLDS CONSULTING SERVICES1+ years Filed as: REYNOLDS CONSULTING SERVICES, LLC Service code 27 · EIN 20-1899564	Advisory (Plan)	$29,631
CAROL NAGY1+ years Filed as: CAROL A. STEPHENSON Service code 30 · EIN 13-6179359	Employee (plan); Direct payment from ...	$29,370
SYLVIA REYES1+ years Service code 30 · EIN 13-6179359	Employee (plan); Direct payment from ...	$29,213
JENNIFER KELLNER1+ years Filed as: JENNIFER GARCIA Service code 30 · EIN 13-6179359	Direct payment from the plan; Employe...	$27,259
GIOVANNA F. SERRANO1+ years Service code 30 · EIN 13-6179359	Employee (plan); Direct payment from ...	$27,124
STEINBERG, STECKLER & PICCIURRO, PC1+ years Service code 10 · EIN 13-2665700	Accounting	$23,000

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$476K

$205 / participant

Other / not subdivided$476K100.0%

% of EOY assets

0.183%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STEINBERG, STECKLER & PICCIURRO, PC
Auditor EIN: 132665700
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,982

$75,760+45.2%

$123,105-10.7%

$59,188+85.8%

Participation rate

100.0%

86.0%+14.0pp

86.8%+13.2pp

69.4%+30.6pp

Annual return

2.29%

2.93%-0.6pp

13.22%-10.9pp

5.51%-3.2pp

Employer contribution / active EE

$11,568

$3,415+238.7%

$5,151+124.6%

$2,098+451.4%

Participant deferral / active EE

$5,000-100.0%

$6,229-100.0%

$3,265-100.0%

Admin fee / account holder

$201

$61+231.1%

$9,014-97.8%

$92+118.1%

Provider

Service type

Compensation

KENNEDY CAPITAL MANAGEMENT1+ years

Filed as: KENNEDY, JENNIK & MURRAY, PC.

Service code 29 · EIN 25-1919594

Legal

$50,369

SITARA N HINES1+ years

Filed as: SITARA N. HINES

Service code 30 · EIN 13-6179359

Direct payment from the plan; Employe...

$34,730

DONALD TAYLOR1+ years

Filed as: DONALD G. MCCALLION, JR.

Service code 29

222 BLOOMINGDALE ROAD · WHITE PLAINS, NY 10605

Legal

$32,000

MARKOWITZ & RICHMAN1+ years

Service code 29 · EIN 23-2111581

Legal

$32,000

REYNOLDS CONSULTING SERVICES1+ years

Filed as: REYNOLDS CONSULTING SERVICES, LLC

Service code 27 · EIN 20-1899564

Advisory (Plan)

$29,631

CAROL NAGY1+ years

Filed as: CAROL A. STEPHENSON

Service code 30 · EIN 13-6179359

Employee (plan); Direct payment from ...

$29,370

SYLVIA REYES1+ years

Service code 30 · EIN 13-6179359

Employee (plan); Direct payment from ...

$29,213

JENNIFER KELLNER1+ years

Filed as: JENNIFER GARCIA

Service code 30 · EIN 13-6179359

Direct payment from the plan; Employe...

$27,259

GIOVANNA F. SERRANO1+ years

Service code 30 · EIN 13-6179359

Employee (plan); Direct payment from ...

$27,124

STEINBERG, STECKLER & PICCIURRO, PC1+ years

Service code 10 · EIN 13-2665700

Accounting

$23,000

METAL LATHERS LOCAL 46 ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

METAL LATHERS LOCAL 46 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