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 (2018) 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 2018

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.2M

-2.8% from 2017

Total participants

215

+9.7% from 2017

Average account balance

$37,938

-11.4% from 2017

Annual return

-5.27%

-22.81 pp from 2017

Benchmarks

See 2,193 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,193 peers

Snapshot2018

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. 6904+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC Service code 14 · EIN 47-1064332 4600 46TH AVENUE · ROCK ISLAND, IL 61201	Plan Administrator	$14,871
INVESTMENT CONSULTING GROUP4+ years Filed as: INVESTMENT CONSULTING GROUP,INC Service code 70 · EIN 42-1358707 5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807	Consulting Fees	$10,519
CALIBRE CPA GROUP PLLC4+ years Service code 10 · EIN 47-0900880 230 W MONROE STREET · CHICAGO, IL 60606	Accounting	$6,350

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

$37K

$273 / participant

Investment mgmt$10K27.8%
Contract admin$15K41.3%
Other / not subdivided$11K30.9%

% of EOY assets

0.455%

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

$37,938

$79,523-52.3%

$140,019-72.9%

$56,289-32.6%

Participation rate

100.0%

85.7%+14.3pp

87.5%+12.5pp

69.9%+30.1pp

Annual return

-5.27%

2.39%-7.7pp

651.17%-656.4pp

-9.96%+4.7pp

Employer contribution / active EE

$3,350-100.0%

$5,605-100.0%

$2,111-100.0%

Participant deferral / active EE

$3,511

$5,129-31.5%

$6,927-49.3%

$3,350+4.8%

Admin fee / account holder

$173

$614-71.9%

$10,705-98.4%

$521-66.8%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6904+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC

Service code 14 · EIN 47-1064332

4600 46TH AVENUE · ROCK ISLAND, IL 61201

Plan Administrator

$14,871

INVESTMENT CONSULTING GROUP4+ years

Filed as: INVESTMENT CONSULTING GROUP,INC

Service code 70 · EIN 42-1358707

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

Consulting Fees

$10,519

CALIBRE CPA GROUP PLLC4+ years

Service code 10 · EIN 47-0900880

230 W MONROE STREET · CHICAGO, IL 60606

Accounting

$6,350

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