Retirement plan

LABORERS' LOCAL NO. 17 ANNUITY FUND

Name: LABORERS' INTERNATIONAL UNION OF N.A. LOCAL 17 ANNUITY FUND - LABORERS' LOCAL NO. 17 ANNUITY FUND (2017) Form 5500
Creator: LABORERS' INTERNATIONAL UNION OF N.A. LOCAL 17 ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LABORERS' LOCAL NO. 17 ANNUITY FUND, LABORERS' INTERNATIONAL UNION OF N.A. LOCAL 17 ANNUITY FUND

LABORERS' INTERNATIONAL UNION OF N.A. LOCAL 17 ANNUITY FUNDEIN 14-1825397Plan #002PY 2017

451-B LITTLE BRITAIN ROAD - NEWBURGH, NY 125505145845-565-6878

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$43M

+15.1% from 2016

Total participants

1,235

+0.6% from 2016

Average account balance

$34,834

+14.5% from 2016

Annual return

13.71%

+6.49 pp from 2016

Benchmarks

See 1,453 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,453 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.85M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

1,450

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.

82.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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 4 by compensation

Provider	Service type	Compensation
ULLICO2 years Filed as: ULLICO INVESTMENT ADVISORS Service code 27 · EIN 52-6435649	Advisory (Plan)	$122,232
ASPIRE FINANCIAL SERVICES2 years Filed as: ASPIRE FINANCIAL SERVICES, LLC Service code 15 · EIN 27-1033755	Recordkeeping	$119,220
LOUIS PLUNG & COMPANY1 year Filed as: ST LOUIS BUSINESS FORMS INC Service code 36 815 SUN PARK DR · FENTON, MO 63026	Participant communication; Copying an...	$14,947
LT TRUST COMPANY1 year Filed as: MG TRUST COMPANY Service code 18 · EIN 75-3182674	Custodial (other than securities); Tr...	$7,385

Plan features & details

Pension benefit codes2E2G2T3H

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$365K

$657 / participant

Investment mgmt$242K66.5%
Other / not subdivided$122K33.5%

% of EOY assets

0.847%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RBT CPAS, LLC
Auditor EIN: 141604297
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,834

$81,537-57.3%

$149,721-76.7%

$69,631-50.0%

Participation rate

100.0%

86.1%+13.9pp

87.1%+12.9pp

70.7%+29.3pp

Annual return

13.71%

22.79%-9.1pp

1501.67%-1488.0pp

27571.02%-27557.3pp

Employer contribution / active EE

$6,162

$3,239+90.2%

$5,444+13.2%

$2,032+203.2%

Participant deferral / active EE

$4,994-100.0%

$6,568-100.0%

$3,224-100.0%

Admin fee / account holder

$295

$107+176.2%

$11,282-97.4%

$110+167.3%

Provider

Service type

Compensation

ULLICO2 years

Filed as: ULLICO INVESTMENT ADVISORS

Service code 27 · EIN 52-6435649

Advisory (Plan)

$122,232

ASPIRE FINANCIAL SERVICES2 years

Filed as: ASPIRE FINANCIAL SERVICES, LLC

Service code 15 · EIN 27-1033755

Recordkeeping

$119,220

LOUIS PLUNG & COMPANY1 year

Filed as: ST LOUIS BUSINESS FORMS INC

Service code 36

815 SUN PARK DR · FENTON, MO 63026

Participant communication; Copying an...

$14,947

LT TRUST COMPANY1 year

Filed as: MG TRUST COMPANY

Service code 18 · EIN 75-3182674

Custodial (other than securities); Tr...

$7,385

LABORERS' LOCAL NO. 17 ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LABORERS' LOCAL NO. 17 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