Retirement plan

PIPELINE INDUSTRY ANNUITY 401K TRUST

Name: PIPELINE INDUSTRY 401K FUND - PIPELINE INDUSTRY ANNUITY 401K TRUST (2017) Form 5500
Creator: PIPELINE INDUSTRY 401K FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIPELINE INDUSTRY ANNUITY 401K TRUST, PIPELINE INDUSTRY 401K FUND

PIPELINE INDUSTRY 401K FUNDEIN 26-3051108Plan #301PY 2017

P.O. BOX 470950 - TULSA, OK 74145918-280-4800

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$224.1M

-25.7% from 2016

Total participants

7,511

-3.4% from 2016

Average account balance

$29,833

-23.1% from 2016

Annual return

17.50%

-7.44 pp from 2016

Benchmarks

See 87 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants5,000-9,999

Cohort87 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$340.39M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

6,271

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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 6 by compensation

Provider	Service type	Compensation
THE TRUST COMPANY OF OKLAHOMA3+ years Service code 15 · EIN 73-1353212	Recordkeeping	$354,997
PIPELINE INDUSTRY BENEFIT FUND3+ years Service code 50 P.O. BOX 470950 · TULSA, OK 741470950	Direct Payment	$182,211
THE SEGAL COMPANY3+ years Filed as: SEGAL ROGERSCASEY Service code 27 · EIN 13-2646110	Advisory (Plan)	$25,000
RUBINBROWN LLP3+ years Service code 10 · EIN 43-0765316	Accounting	$18,300
ROBEIN, URANN, SPENCER, PICARD & CA3+ years Filed as: ROBEIN, URANN, SPENCER ET. AL. Service code 29 · EIN 73-0999672	Legal	$18,088
CHUBB1 year Service code 29 82 HOPMEADOW STREET · SIMSBURY, CT 060707683	Legal	$9,491

Plan features & details

Pension benefit codes2E2F2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$625K

$117 / participant

Investment mgmt$25K4.0%
Other / not subdivided$600K96.0%

% of EOY assets

0.279%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBINBROWN, LLP
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,833

$96,400-69.1%

$149,721-80.1%

$177,276-83.2%

Participation rate

100.0%

88.9%+11.1pp

87.1%+12.9pp

74.8%+25.2pp

Annual return

17.50%

19.02%-1.5pp

1501.67%-1484.2pp

21.25%-3.8pp

Employer contribution / active EE

$8,587

$3,680+133.4%

$5,444+57.7%

$2,479+246.4%

Participant deferral / active EE

$4,919

$5,510-10.7%

$6,568-25.1%

$3,881+26.8%

Admin fee / account holder

$83

$69+19.9%

$11,282-99.3%

$154-46.0%

Provider

Service type

Compensation

THE TRUST COMPANY OF OKLAHOMA3+ years

Service code 15 · EIN 73-1353212

Recordkeeping

$354,997

PIPELINE INDUSTRY BENEFIT FUND3+ years

Service code 50

P.O. BOX 470950 · TULSA, OK 741470950

Direct Payment

$182,211

THE SEGAL COMPANY3+ years

Filed as: SEGAL ROGERSCASEY

Service code 27 · EIN 13-2646110

Advisory (Plan)

$25,000

RUBINBROWN LLP3+ years

Service code 10 · EIN 43-0765316

Accounting

$18,300

ROBEIN, URANN, SPENCER, PICARD & CA3+ years

Filed as: ROBEIN, URANN, SPENCER ET. AL.

Service code 29 · EIN 73-0999672

Legal

$18,088

CHUBB1 year

Service code 29

82 HOPMEADOW STREET · SIMSBURY, CT 060707683

Legal

$9,491

PIPELINE INDUSTRY ANNUITY 401K TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIPELINE INDUSTRY ANNUITY 401K TRUST

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