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 (2020) 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 2020

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.6M

+21.0% from 2019

Total participants

253

+29.1% from 2019

Average account balance

$45,961

-6.3% from 2019

Annual return

19.17%

-4.81 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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 4 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION NO. 6906+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC Service code 14 · EIN 47-1064332 4600 46TH AVENUE · ROCK ISLAND, IL 61201	Plan Administrator	$15,390
INVESTMENT CONSULTING GROUP6+ years Filed as: INVESTMENT CONSULTING GROUP,INC Service code 70 · EIN 42-1358707 5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807	Consulting Fees	$11,212
JOHNSON & KROL, LLC6+ years Filed as: JOHNSON AND KROL Service code 10 · EIN 36-4342024 300 S WACKER DRIVE, SUITE 1313 · CHICAGO, IL 60606	Accounting	$6,958
CALIBRE CPA GROUP PLLC6+ years Service code 10 · EIN 47-0900880 230 W MONROE STREET · CHICAGO, IL 60606	Accounting	$6,500

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

$43K

$275 / participant

Investment mgmt$11K25.6%
Contract admin$16K36.5%
Other / not subdivided$16K37.9%

% of EOY assets

0.372%

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

$45,961

$69,383-33.8%

$101,275-54.6%

$73,497-37.5%

Participation rate

100.0%

68.4%+31.6pp

75.8%+24.2pp

70.7%+29.3pp

Annual return

19.17%

18.46%+0.7pp

46.48%-27.3pp

28.51%-9.3pp

Employer contribution / active EE

$2,628-100.0%

$3,660-100.0%

$2,270-100.0%

Participant deferral / active EE

$3,842

$3,301+16.4%

$4,371-12.1%

$3,740+2.7%

Admin fee / account holder

$171

$704-75.7%

$5,948-97.1%

$513-66.7%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6906+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 LLC

Service code 14 · EIN 47-1064332

4600 46TH AVENUE · ROCK ISLAND, IL 61201

Plan Administrator

$15,390

INVESTMENT CONSULTING GROUP6+ years

Filed as: INVESTMENT CONSULTING GROUP,INC

Service code 70 · EIN 42-1358707

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

Consulting Fees

$11,212

JOHNSON & KROL, LLC6+ years

Filed as: JOHNSON AND KROL

Service code 10 · EIN 36-4342024

300 S WACKER DRIVE, SUITE 1313 · CHICAGO, IL 60606

Accounting

$6,958

CALIBRE CPA GROUP PLLC6+ years

Service code 10 · EIN 47-0900880

230 W MONROE STREET · CHICAGO, IL 60606

Accounting

$6,500

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