Retirement plan

I.U.P.A.T. OF WESTERN PA ANNUITY FUND

Name: BOARD OF TRUSTEES, I.U.P.A.T. ANNUITY FUND OF WESTERN PA - I.U.P.A.T. OF WESTERN PA ANNUITY FUND (2016) Form 5500
Creator: BOARD OF TRUSTEES, I.U.P.A.T. ANNUITY FUND OF WESTERN PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.U.P.A.T. OF WESTERN PA ANNUITY FUND, BOARD OF TRUSTEES, I.U.P.A.T. ANNUITY FUND OF WESTERN PA

BOARD OF TRUSTEES, I.U.P.A.T. ANNUITY FUND OF WESTERN PAEIN 25-1304459Plan #001PY 2016

5 HOT METAL ST STE 200 - PITTSBURGH, PA 152032351412-432-1125

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$47.4M

+8.5% from 2015

Total participants

2,420

+0.5% from 2015

Average account balance

$19,602

+8.0% from 2015

Annual return

4.23%

+5.61 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$79.71M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

700

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

$6.09M

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

+7.94%

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PNC BANK, N.A.2+ years Filed as: PNC BANK Service code 19 · EIN 25-1211909	Securities Custodian	$137,570
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632	Advisory (Plan)	$61,429
CENTRAL DATA SERVICES2+ years Service code 13 · EIN 25-1352803	Contract Administrator	$24,000
DICLAUDIO & KRAMER, LLC2+ years Service code 10 · EIN 27-0889793	Accounting	$14,023
TUCKER ARENSBERG2+ years Service code 29 · EIN 25-1425735	Legal	$8,534

Plan features & details

Pension benefit codes2E2G2T

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.
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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$253K

$209 / participant

Investment mgmt$61K24.3%
Contract admin$24K9.5%
Other / not subdivided$168K66.2%

% of EOY assets

0.533%

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: DICLAUDIO & KRAMER, LLC
Auditor EIN: 270889793
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,602

$54,392-64.0%

$84,753-76.9%

$63,975-69.4%

Participation rate

100.0%

76.9%+23.1pp

76.6%+23.4pp

71.1%+28.9pp

Annual return

4.23%

611.38%-607.1pp

22.78%-18.5pp

48.65%-44.4pp

Employer contribution / active EE

$3,585

$2,943+21.8%

$3,574+0.3%

$2,182+64.3%

Participant deferral / active EE

$2,593-100.0%

$3,712-100.0%

$3,356-100.0%

Admin fee / account holder

$105

$136-23.0%

$5,333-98.0%

$70+48.4%

Provider

Service type

Compensation

PNC BANK, N.A.2+ years

Filed as: PNC BANK

Service code 19 · EIN 25-1211909

Securities Custodian

$137,570

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27 · EIN 26-4310632

Advisory (Plan)

$61,429

CENTRAL DATA SERVICES2+ years

Service code 13 · EIN 25-1352803

Contract Administrator

$24,000

DICLAUDIO & KRAMER, LLC2+ years

Service code 10 · EIN 27-0889793

Accounting

$14,023

TUCKER ARENSBERG2+ years

Service code 29 · EIN 25-1425735

Legal

$8,534

I.U.P.A.T. OF WESTERN PA ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.U.P.A.T. OF WESTERN PA ANNUITY 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