Retirement plan

PIPELINE INDUSTRY ANNUITY 401(K) TRUST

Name: PIPELINE INDUSTRY 401(K) FUND - PIPELINE INDUSTRY ANNUITY 401(K) TRUST (2021) Form 5500
Creator: PIPELINE INDUSTRY 401(K) FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIPELINE INDUSTRY ANNUITY 401(K) TRUST, PIPELINE INDUSTRY 401(K) FUND

PIPELINE INDUSTRY 401(K) FUNDEIN 26-3051108Plan #301PY 2021

RENEE E. VAUSE, DIRECTOR, P.O. BOX 470950 - TULSA, OK 741470950918-280-4800

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$340.1M

-25.7% from 2016

Total participants

6,858

-3.4% from 2016

Average account balance

$49,598

-23.1% from 2016

Annual return

15.28%

-7.44 pp from 2016

Benchmarks

See 479 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort479 peers

Snapshot2021

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 8 by compensation

Provider	Service type	Compensation
THE TRUST COMPANY OF OKLAHOMA2 years Filed as: TRUST COMPANY OF OKLAHOMA Service code 15 · EIN 73-1353212	Recordkeeping	$265,995
PIPELINE INDUSTRY BENEFIT FUND7+ years Service code 50 P.O. BOX 470950 · TULSA, OK 741470950	Direct Payment	$175,509
MICHELLE OCHOCINSKI2 years Filed as: MICHELLE RUIZ Service code 30 P.O. BOX 470950 · TULSA, OK 741470950	Direct payment from the plan; Employe...	$44,091
THE SEGAL COMPANY3 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$25,000
THE SEGAL COMPANY3 years Filed as: SEGAL SELECT INSURANCE Service code 23 · EIN 46-0619194	Direct payment from the plan; Insuran...	$23,405
RUBINBROWN LLP7+ years Service code 10 · EIN 43-0765316	Accounting	$20,600
ROBEIN, URANN, SPENCER, PICARD & CA3 years Filed as: ROBEIN, URANN, SPENCER, ET. AL. Service code 29 · EIN 73-0999672	Legal	$12,628
TEDFORD INSURANCE2 years Service code 23 · EIN 23-2182079	Insurance services; Direct payment fr...	$9,163

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

1 tripped

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

$554K

$195 / participant

Investment mgmt$25K4.5%
Other / not subdivided$529K95.5%

% of EOY assets

0.163%

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

$49,598

$88,770-44.1%

$109,191-54.6%

$93,010-46.7%

Participation rate

100.0%

81.5%+18.5pp

75.9%+24.1pp

73.9%+26.1pp

Annual return

15.28%

60.64%-45.4pp

25.76%-10.5pp

158.70%-143.4pp

Employer contribution / active EE

$10,813

$3,780+186.1%

$3,723+190.5%

$2,705+299.7%

Participant deferral / active EE

$4,231

$3,630+16.6%

$4,653-9.1%

$4,561-7.2%

Admin fee / account holder

$81

$172-53.1%

$6,756-98.8%

$152-46.7%

Provider

Service type

Compensation

THE TRUST COMPANY OF OKLAHOMA2 years

Filed as: TRUST COMPANY OF OKLAHOMA

Service code 15 · EIN 73-1353212

Recordkeeping

$265,995

PIPELINE INDUSTRY BENEFIT FUND7+ years

Service code 50

P.O. BOX 470950 · TULSA, OK 741470950

Direct Payment

$175,509

MICHELLE OCHOCINSKI2 years

Filed as: MICHELLE RUIZ

Service code 30

P.O. BOX 470950 · TULSA, OK 741470950

Direct payment from the plan; Employe...

$44,091

THE SEGAL COMPANY3 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$25,000

THE SEGAL COMPANY3 years

Filed as: SEGAL SELECT INSURANCE

Service code 23 · EIN 46-0619194

Direct payment from the plan; Insuran...

$23,405

RUBINBROWN LLP7+ years

Service code 10 · EIN 43-0765316

Accounting

$20,600

ROBEIN, URANN, SPENCER, PICARD & CA3 years

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

Service code 29 · EIN 73-0999672

Legal

$12,628

TEDFORD INSURANCE2 years

Service code 23 · EIN 23-2182079

Insurance services; Direct payment fr...

$9,163

PIPELINE INDUSTRY ANNUITY 401(K) TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIPELINE INDUSTRY ANNUITY 401(K) 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