Retirement plan

LAUB INTERNATIONAL, INC. UNION PENSION PLAN AND TRUST

Name: LAUB INTERNATIONAL, INC - LAUB INTERNATIONAL, INC. UNION PENSION PLAN AND TRUST (2022) Form 5500
Creator: LAUB INTERNATIONAL, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAUB INTERNATIONAL, INC. UNION PENSION PLAN AND TRUST, LAUB INTERNATIONAL, INC

LAUB INTERNATIONAL, INCEIN 16-1117490Plan #001PY 2022

1051 CLINTON STREET - BUFFALO, NY 14206716-853-3703laubinternational.comLinkedIn1-10 employeesmarketing and advertising

Other plans on this EIN

1 filing

#002Retirement-$265K assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$557K

-16.5% from 2021

Total participants

0.0% from 2021

Average account balance

$69,664

-16.5% from 2021

Annual return

-19.85%

-38.83 pp from 2021

Benchmarks

See 1,423 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort1,423 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$884K

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1227

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

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

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 codes2E2G2J2R2T3D

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$9K

$1228 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.543%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,664

$117,623-40.8%

$71,702-2.8%

$134,509-48.2%

Participation rate

100.0%

68.9%+31.1pp

62.3%+37.7pp

81.2%+18.8pp

Annual return

-19.85%

25.44%-45.3pp

9.14%-29.0pp

418.13%-438.0pp

Employer contribution / active EE

$3,287

$2,525+30.2%

$1,704+92.9%

$4,741-30.7%

Participant deferral / active EE

$248

$3,759-93.4%

$2,658-90.7%

$6,400-96.1%

Admin fee / account holder

$1,075

$6,379-83.2%

$3,974-73.0%

$11,427-90.6%

LAUB INTERNATIONAL, INC. UNION PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAUB INTERNATIONAL, INC. UNION PENSION PLAN AND TRUST

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