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 (2017) 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 2017

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

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$53.1M

+11.8% from 2016

Total participants

2,391

-1.2% from 2016

Average account balance

$22,188

+13.2% from 2016

Annual return

11.89%

+7.66 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

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.3+ years Filed as: PNC BANK Service code 19 · EIN 25-1211909	Securities Custodian	$146,606
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 · EIN 26-4310632	Advisory (Plan)	$68,467
CENTRAL DATA SERVICES3+ years Service code 13 · EIN 25-1352803	Contract Administrator	$24,000
DICLAUDIO & KRAMER, LLC3+ years Service code 10 · EIN 27-0889793	Accounting	$15,023
TUCKER ARENSBERG3+ years Service code 29 · EIN 25-1425735	Legal	$9,516

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

$271K

$234 / participant

Investment mgmt$68K25.2%
Contract admin$24K8.8%
Other / not subdivided$179K65.9%

% of EOY assets

0.511%

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

$22,188

$221,442-90.0%

$92,240-75.9%

$77,958-71.5%

Participation rate

100.0%

79.6%+20.4pp

76.5%+23.5pp

71.6%+28.4pp

Annual return

11.89%

15.65%-3.8pp

176.29%-164.4pp

20.87%-9.0pp

Employer contribution / active EE

$3,135

$3,226-2.8%

$3,680-14.8%

$2,310+35.7%

Participant deferral / active EE

$2,779-100.0%

$3,897-100.0%

$3,537-100.0%

Admin fee / account holder

$113

$210-45.9%

$5,194-97.8%

$97+16.5%

Provider

Service type

Compensation

PNC BANK, N.A.3+ years

Filed as: PNC BANK

Service code 19 · EIN 25-1211909

Securities Custodian

$146,606

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27 · EIN 26-4310632

Advisory (Plan)

$68,467

CENTRAL DATA SERVICES3+ years

Service code 13 · EIN 25-1352803

Contract Administrator

$24,000

DICLAUDIO & KRAMER, LLC3+ years

Service code 10 · EIN 27-0889793

Accounting

$15,023

TUCKER ARENSBERG3+ years

Service code 29 · EIN 25-1425735

Legal

$9,516

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