Retirement plan

STAFF DC PLAN FOR HEAVY AND GENERAL LABORERS LOCALS 472 & 172 EMPLOYEE BENEFIT FUNDS

Name: HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY EMP BEN - STAFF DC PLAN FOR HEAVY AND GENERAL LABORERS LOCALS 472 & 172 EMPLOYEE BENEFIT FUNDS (2015) Form 5500
Creator: HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY EMP BEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAFF DC PLAN FOR HEAVY AND GENERAL LABORERS LOCALS 472 & 172 EMPLOYEE BENEFIT FUNDS, HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY EMP BEN

HEAVY & GENERAL LABORERS LOCAL 472 & LOCAL 172 OF NEW JERSEY EMP BENEIN 22-1481564Plan #002PY 2015

700 RAYMOND BLVD - NEWARK, NJ 07105973-589-5050njseed.orgLinkedIn51-200 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.8M

No prior year

Total participants

No prior year

Average account balance

$38,139

No prior year

Annual return

0.26%

No prior year

Benchmarks

See 11,458 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort11,458 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.84M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

151.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$357K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5702

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 codes2C3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$240 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.588%

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

$38,139

$52,678-27.6%

$75,784-49.7%

$59,633-36.0%

Participation rate

100.0%

67.2%+32.8pp

75.8%+24.2pp

68.7%+31.3pp

Annual return

0.26%

2.95%-2.7pp

9.68%-9.4pp

2041.45%-2041.2pp

Employer contribution / active EE

$4,896

$2,193+123.2%

$3,323+47.3%

$2,203+122.3%

Participant deferral / active EE

$2,591-100.0%

$3,652-100.0%

$3,192-100.0%

Admin fee / account holder

$224

$3,610-93.8%

$5,300-95.8%

$4,297-94.8%

STAFF DC PLAN FOR HEAVY AND GENERAL LABORERS LOCALS 472 & 172 EMPLOYEE BENEFIT FUNDS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAFF DC PLAN FOR HEAVY AND GENERAL LABORERS LOCALS 472 & 172 EMPLOYEE BENEFIT FUNDS

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