Retirement plan

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN

Name: EAST CENTRAL IL PIPE TRADES 401 (K) PLAN - EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN (2016) Form 5500
Creator: EAST CENTRAL IL PIPE TRADES 401 (K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN, EAST CENTRAL IL PIPE TRADES 401 (K) PLAN

EAST CENTRAL IL PIPE TRADES 401 (K) PLANEIN 16-1648691Plan #003PY 2016

4600 46TH STREET - ROCK ISLAND, IL 61201309-794-1170

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7M

+12.0% from 2015

Total participants

185

+1.6% from 2015

Average account balance

$37,964

+10.1% from 2015

Annual return

9.44%

+10.54 pp from 2015

Benchmarks

See 2,214 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,214 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.03M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

422

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

$955K

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

+15.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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 3 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION NO. 6902+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC Service code 14 · EIN 47-1064332 4600 46TH AVENUE · ROCK ISLAND, IL 61201	Plan Administrator	$12,825
INVESTMENT CONSULTING GROUP2+ years Filed as: INVESTMENT CONSULTING GROUP,INC Service code 70 · EIN 42-1358707 5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807	Consulting Fees	$8,282
CALIBRE CPA GROUP PLLC2+ years Service code 10 · EIN 47-0900880 566 W LAKE STREET · CHICAGO, IL 60661	Accounting	$6,850

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$34K

$324 / participant

Investment mgmt$8K24.4%
Contract admin$13K37.7%
Other / not subdivided$13K37.9%

% of EOY assets

0.484%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP, PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,964

$74,089-48.8%

$133,975-71.7%

$55,167-31.2%

Participation rate

100.0%

84.3%+15.7pp

87.1%+12.9pp

69.0%+31.0pp

Annual return

9.44%

12.11%-2.7pp

29.29%-19.9pp

169.23%-159.8pp

Employer contribution / active EE

$3,064-100.0%

$5,211-100.0%

$1,963-100.0%

Participant deferral / active EE

$3,873

$4,678-17.2%

$6,282-38.3%

$3,054+26.8%

Admin fee / account holder

$184

$458-59.9%

$9,324-98.0%

$504-63.5%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6902+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC

Service code 14 · EIN 47-1064332

4600 46TH AVENUE · ROCK ISLAND, IL 61201

Plan Administrator

$12,825

INVESTMENT CONSULTING GROUP2+ years

Filed as: INVESTMENT CONSULTING GROUP,INC

Service code 70 · EIN 42-1358707

5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807

Consulting Fees

$8,282

CALIBRE CPA GROUP PLLC2+ years

Service code 10 · EIN 47-0900880

566 W LAKE STREET · CHICAGO, IL 60661

Accounting

$6,850

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAST CENTRAL ILLINOIS PIPE TRADES 401 K 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