Retirement plan

RESTATED 401(K) RETIREMENT PLAN FOR THE SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND

Name: SOUTHERN NEVADA GLAZIERS AND FABRICATORS PENSION TRUST FUND - RESTATED 401(K) RETIREMENT PLAN FOR THE SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND (2021) Form 5500
Creator: SOUTHERN NEVADA GLAZIERS AND FABRICATORS PENSION TRUST FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESTATED 401(K) RETIREMENT PLAN FOR THE SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND, SOUTHERN NEVADA GLAZIERS AND FABRICATORS PENSION TRUST FUND

SOUTHERN NEVADA GLAZIERS AND FABRICATORS PENSION TRUST FUNDEIN 30-6003012Plan #001PY 2021

8311 WEST SUNSET RD STE 250 - LAS VEGAS, NV 891132092702-415-2180

Prospect flagsLow returnsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$90.9M

+16.1% from 2020

Total participants

6,923

+9.2% from 2020

Average account balance

$13,130

+5.2% from 2020

Annual return

10.27%

+1.20 pp from 2020

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

$109.44M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

8,658

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

$13.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+5.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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 9 by compensation

Provider	Service type	Compensation
FIDUCIARY MANAGEMENT, INC.7+ years Service code 28 · EIN 39-1346018	Investment Management	$226,620
BENESYS, INC.6 years Filed as: BENESYS ADMINISTRATORS Service code 14 · EIN 38-2383171	Plan Administrator	$122,805
CHRISTENSEN, JAMES & MARTIN5 years Filed as: CHRISTENSEN JAMES & MARTIN, CHTD. Service code 29 · EIN 88-0330040	Legal	$93,850
RUBINBROWN LLP5 years Service code 10 · EIN 43-0765316	Accounting	$39,955
ALSWEET ASSOCIATES7+ years Service code 10 · EIN 95-2766134	Accounting	$15,702
MMA SECURITIES LLC3 years Filed as: MARSH AND MCLENNAN AGENCY, LLP Service code 22 · EIN 36-1436000	Insurance Broker	$13,744
MILLIMAN, INC.3 years Filed as: MILLIMAN ADVISORS, LLC Service code 17 · EIN 91-0675641	Pension Consulting	$13,711
BMO HARRIS BANK NA4 years Service code 19 · EIN 36-2085229	Securities Custodian	$6,967
KAUFMANN & GOBLE2 years Filed as: KAUFMANN AND GOBLE ASSOCIATES, Service code 11 · EIN 94-2614826	Actuarial	$6,000

Plan features & details

Pension benefit codes2J

Plan features

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.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return 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.
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

$590K

$197 / participant

Investment mgmt$227K38.4%
Contract admin$123K20.8%
Other / not subdivided$241K40.8%

% of EOY assets

0.649%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,130

$88,770-85.2%

$109,173-88.0%

$93,010-85.9%

Participation rate

100.0%

81.5%+18.5pp

75.9%+24.1pp

73.9%+26.1pp

Annual return

10.27%

60.64%-50.4pp

25.75%-15.5pp

158.70%-148.4pp

Employer contribution / active EE

$3,658

$3,780-3.2%

$3,723-1.7%

$2,705+35.2%

Participant deferral / active EE

$92

$3,630-97.5%

$4,654-98.0%

$4,561-98.0%

Admin fee / account holder

$85

$172-50.5%

$6,755-98.7%

$152-43.8%

Provider

Service type

Compensation

FIDUCIARY MANAGEMENT, INC.7+ years

Service code 28 · EIN 39-1346018

Investment Management

$226,620

BENESYS, INC.6 years

Filed as: BENESYS ADMINISTRATORS

Service code 14 · EIN 38-2383171

Plan Administrator

$122,805

CHRISTENSEN, JAMES & MARTIN5 years

Filed as: CHRISTENSEN JAMES & MARTIN, CHTD.

Service code 29 · EIN 88-0330040

Legal

$93,850

RUBINBROWN LLP5 years

Service code 10 · EIN 43-0765316

Accounting

$39,955

ALSWEET ASSOCIATES7+ years

Service code 10 · EIN 95-2766134

Accounting

$15,702

MMA SECURITIES LLC3 years

Filed as: MARSH AND MCLENNAN AGENCY, LLP

Service code 22 · EIN 36-1436000

Insurance Broker

$13,744

MILLIMAN, INC.3 years

Filed as: MILLIMAN ADVISORS, LLC

Service code 17 · EIN 91-0675641

Pension Consulting

$13,711

BMO HARRIS BANK NA4 years

Service code 19 · EIN 36-2085229

Securities Custodian

$6,967

KAUFMANN & GOBLE2 years

Filed as: KAUFMANN AND GOBLE ASSOCIATES,

Service code 11 · EIN 94-2614826

Actuarial

$6,000

RESTATED 401(K) RETIREMENT PLAN FOR THE SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESTATED 401(K) RETIREMENT PLAN FOR THE SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST 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