Retirement plan

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

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 FUND (2018) 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 FUND, 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.2M

+2.7% from 2017

Total participants

0.0% from 2017

Average account balance

$54,756

+2.7% from 2017

Annual return

-5.20%

-18.02 pp from 2017

Benchmarks

See 15,018 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,018 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.88M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

150.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$277K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2557

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2C3D2T3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$19K

$306 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.448%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,756

$57,354-4.5%

$83,848-34.7%

$64,186-14.7%

Participation rate

100.0%

68.6%+31.4pp

76.1%+23.9pp

69.6%+30.4pp

Annual return

-5.20%

11.38%-16.6pp

850.88%-856.1pp

7.63%-12.8pp

Employer contribution / active EE

$5,556

$2,545+118.3%

$3,631+53.0%

$2,381+133.4%

Participant deferral / active EE

$2,993-100.0%

$4,082-100.0%

$3,470-100.0%

Admin fee / account holder

$246

$4,046-93.9%

$5,478-95.5%

$4,888-95.0%

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

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 FUND

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