Retirement plan

TEAMSTERS UNION LOCAL NO. 142 ANNUITY FUND

Name: BOARD OF TRUSTEES OF TEAMSTERS UNION LOCAL NO.142 ANNUITY FUND - TEAMSTERS UNION LOCAL NO. 142 ANNUITY FUND (2016) Form 5500
Creator: BOARD OF TRUSTEES OF TEAMSTERS UNION LOCAL NO.142 ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEAMSTERS UNION LOCAL NO. 142 ANNUITY FUND, BOARD OF TRUSTEES OF TEAMSTERS UNION LOCAL NO.142 ANNUITY FUND

BOARD OF TRUSTEES OF TEAMSTERS UNION LOCAL NO.142 ANNUITY FUNDEIN 27-3032105Plan #001PY 2016

1300 CLARK ROAD - GARY, IN 46404219-949-1550

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$16M

+26.1% from 2015

Total participants

762

+0.7% from 2015

Average account balance

$21,308

+27.1% from 2015

Annual return

5.51%

+7.34 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.24M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

1,283

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.

91.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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
STEWART C. MILLER & CO., INC.2+ years Filed as: STEWART C. MILLER & CO INC Service code 15 · EIN 35-1820020	Recordkeeping	$28,545
LAKESIDE WEALTH MANAGEMENT2+ years Filed as: LAKESIDE WEALTH MANAGEMENT GROUP Service code 27 · EIN 20-4455433	Advisory (Plan)	$20,000
LEGACY PROFESSIONALS LLP2+ years Service code 10 · EIN 32-0043599	Accounting	$14,205
ASHER, GITTLER & D'ALBA, LTD.2+ years Filed as: ASHER GITTLER & D'ALBA LTD Service code 29 · EIN 36-2786883	Legal	$8,152
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$6,491
FUND DIRECT ADVISORS2+ years Filed as: PB FUND.COM Service code 49	Other Services	$6,420

Plan features & details

Pension benefit codes2G2J2T

Plan features

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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$155K

$280 / participant

Investment mgmt$26K17.1%
Contract admin$27K17.5%
Other / not subdivided$102K65.5%

% of EOY assets

0.971%

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: LEGACY PROFESSIONAL LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,308

$57,921-63.2%

$84,753-74.9%

$57,658-63.0%

Participation rate

98.0%

72.9%+25.1pp

76.6%+21.4pp

70.2%+27.8pp

Annual return

5.51%

10.24%-4.7pp

22.78%-17.3pp

5.13%+0.4pp

Employer contribution / active EE

$6,087

$2,598+134.3%

$3,574+70.3%

$1,974+208.4%

Participant deferral / active EE

$222

$2,742-91.9%

$3,712-94.0%

$3,061-92.8%

Admin fee / account holder

$207

$130+59.5%

$5,333-96.1%

$95+118.8%

Provider

Service type

Compensation

STEWART C. MILLER & CO., INC.2+ years

Filed as: STEWART C. MILLER & CO INC

Service code 15 · EIN 35-1820020

Recordkeeping

$28,545

LAKESIDE WEALTH MANAGEMENT2+ years

Filed as: LAKESIDE WEALTH MANAGEMENT GROUP

Service code 27 · EIN 20-4455433

Advisory (Plan)

$20,000

LEGACY PROFESSIONALS LLP2+ years

Service code 10 · EIN 32-0043599

Accounting

$14,205

ASHER, GITTLER & D'ALBA, LTD.2+ years

Filed as: ASHER GITTLER & D'ALBA LTD

Service code 29 · EIN 36-2786883

Legal

$8,152

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$6,491

FUND DIRECT ADVISORS2+ years

Filed as: PB FUND.COM

Service code 49

Other Services

$6,420

TEAMSTERS UNION LOCAL NO. 142 ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEAMSTERS UNION LOCAL NO. 142 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