Retirement plan

U.T.W.A. N.J. UNION EMPLOYER PENSION PLAN

Name: TRUSTEES U.T.W.A. N.J. UNION EMPLOYER PENSION FUND - U.T.W.A. N.J. UNION EMPLOYER PENSION PLAN (2017) Form 5500
Creator: TRUSTEES U.T.W.A. N.J. UNION EMPLOYER PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.T.W.A. N.J. UNION EMPLOYER PENSION PLAN, TRUSTEES U.T.W.A. N.J. UNION EMPLOYER PENSION FUND

TRUSTEES U.T.W.A. N.J. UNION EMPLOYER PENSION FUNDEIN 22-6196988Plan #001PY 2017

830 BEAR TAVERN ROAD PO BOX 1028 - WEST TRENTON, NJ 086280230609-883-6688

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$3M

-2.1% from 2016

Total participants

531

-2.2% from 2016

Average account balance

No prior year

Annual return

7.33%

+7.08 pp from 2016

Benchmarks

See 364 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined benefit

Participants<25

Cohort364 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$217K

Not enough data

1 years with asset history on file

Average account balance

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

$609

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.

355

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$911

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$911

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

+207.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
I.E. SHAFFER & CO.3+ years Filed as: IE SHAFFER & CO Service code 13 · EIN 22-1750854	Contract Administrator	$51,600
DERYDER PLANS3+ years Filed as: DERYDER PLANS, INC Service code 11 · EIN 22-3082451	Actuarial	$21,500
MANNING & NAPIER3+ years Service code 28 · EIN 45-3328488	Investment Management	$15,744
BRUCE KAMINER, CPA LLC3+ years Service code 10 · EIN 22-3650188	Accounting	$12,800

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B1I

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$137K

$34223 / participant

Investment mgmt$19K14.2%
Contract admin$52K37.7%
Other / not subdivided$66K48.1%

% of EOY assets

4.563%

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: BRUCE KAMINER CPA LLC
Auditor EIN: 223650188
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,964-100.0%

$107,664-100.0%

$248,183-100.0%

Participation rate

0.0%

30.8%-30.8pp

10.0%-10.0pp

45.9%-45.9pp

Annual return

7.33%

10.73%-3.4pp

337.46%-330.1pp

10.21%-2.9pp

Employer contribution / active EE

$69,194

$31,543+119.4%

$20,191+242.7%

$42,272+63.7%

Participant deferral / active EE

$30-100.0%

$121-100.0%

Admin fee / account holder

$1,970-100.0%

$1,663-100.0%

$13,518-100.0%

Provider

Service type

Compensation

I.E. SHAFFER & CO.3+ years

Filed as: IE SHAFFER & CO

Service code 13 · EIN 22-1750854

Contract Administrator

$51,600

DERYDER PLANS3+ years

Filed as: DERYDER PLANS, INC

Service code 11 · EIN 22-3082451

Actuarial

$21,500

MANNING & NAPIER3+ years

Service code 28 · EIN 45-3328488

Investment Management

$15,744

BRUCE KAMINER, CPA LLC3+ years

Service code 10 · EIN 22-3650188

Accounting

$12,800

U.T.W.A. N.J. UNION EMPLOYER PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.T.W.A. N.J. UNION EMPLOYER PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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