Retirement plan

SHEET METAL WORKERS 270 DEFINED CONTRIBUTION PENSION PLAN

Name: SHEET METAL WORKERS 270 - SHEET METAL WORKERS 270 DEFINED CONTRIBUTION PENSION PLAN (2016) Form 5500
Creator: SHEET METAL WORKERS 270
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHEET METAL WORKERS 270 DEFINED CONTRIBUTION PENSION PLAN, SHEET METAL WORKERS 270

SHEET METAL WORKERS 270EIN 27-2519987Plan #001PY 2016

1863 N. 105TH EAST AVENUE - TULSA, OK 74116918-587-2007

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$3.9M

+12.7% from 2015

Total participants

298

+42.6% from 2015

Average account balance

$11,124

+14.9% from 2015

Annual return

7.69%

+8.80 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.74M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

457

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

$520K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+16.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$224

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 1 by compensation

Provider	Service type	Compensation
THE TRUST COMPANY OF OKLAHOMA2+ years Service code 15 · EIN 73-1577418 PO BOX 3627 · TULSA, OK 74101	Recordkeeping	$21,300

Plan features & details

Pension benefit codes2E2G2J2S2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$20K

$114 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.520%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BRYAN, LITTLE, HALEY & KENT P.C.
Auditor EIN: 730941849
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,124

$43,423-74.4%

$78,676-85.9%

$55,167-79.8%

Participation rate

100.0%

68.0%+32.0pp

73.6%+26.4pp

69.0%+31.0pp

Annual return

7.69%

11.53%-3.8pp

62.19%-54.5pp

169.23%-161.5pp

Employer contribution / active EE

$226

$1,997-88.7%

$2,850-92.1%

$1,963-88.5%

Participant deferral / active EE

$1,113

$2,509-55.6%

$3,517-68.3%

$3,054-63.6%

Admin fee / account holder

$58

$416-86.1%

$4,510-98.7%

$504-88.5%

Provider

Service type

Compensation

THE TRUST COMPANY OF OKLAHOMA2+ years

Service code 15 · EIN 73-1577418

PO BOX 3627 · TULSA, OK 74101

Recordkeeping

$21,300

SHEET METAL WORKERS 270 DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHEET METAL WORKERS 270 DEFINED CONTRIBUTION PENSION PLAN

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