Retirement plan

SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND

Name: SOUTHERN NV & CA GLAZIERS FABRICATORS PAINTERS AND FLOORCOVERERS PAINT - SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND (2023) Form 5500
Creator: SOUTHERN NV & CA GLAZIERS FABRICATORS PAINTERS AND FLOORCOVERERS PAINT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND, SOUTHERN NV & CA GLAZIERS FABRICATORS PAINTERS AND FLOORCOVERERS PAINT

SOUTHERN NV & CA GLAZIERS FABRICATORS PAINTERS AND FLOORCOVERERS PAINTEIN 30-6003012Plan #001PY 2023

8311 W SUNSET RD, STE 250 - LAS VEGAS, NV 89113702-415-2180

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$100.1M

+19.6% from 2022

Total participants

8,335

+20.4% from 2022

Average account balance

$12,013

-0.6% from 2022

Annual return

11.92%

+23.29 pp from 2022

Benchmarks

See 531 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort531 peers

Snapshot2023

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 10 by compensation

Provider	Service type	Compensation
FIDUCIARY MANAGEMENT, INC.9+ years Service code 28 · EIN 39-1346018	Investment Management	$223,142
BENESYS, INC.8 years Filed as: BENESYS ADMINISTRATORS Service code 14 · EIN 38-2383171	Plan Administrator	$165,809
CHRISTENSEN, JAMES & MARTIN7 years Filed as: CHRISTENSEN JAMES & MARTIN, CHTD. Service code 29 · EIN 88-0330040	Legal	$155,312
RUBINBROWN LLP7 years Service code 10 · EIN 43-0765316	Accounting	$52,409
ALSWEET ASSOCIATES9+ years Service code 10 · EIN 95-2766134	Accounting	$38,933
PACIFIC SOUTHWEST ADMINISTRATORS1 year Service code 14 · EIN 46-4942970	Plan Administrator	$22,521
MMA SECURITIES LLC1 year Filed as: MARSH AND MCLENNAN AGENCY Service code 22 · EIN 36-2668272	Insurance Broker	$17,474
THE SEGAL COMPANY2 years Filed as: SEGAL MARCO ADVISORS Service code 17 · EIN 13-2646110	Pension Consulting	$10,699
BMO HARRIS BANK NA6 years Service code 19 · EIN 36-2085229	Securities Custodian	$10,456
SENECA INSURANCE COMPANY, INC.2 years Service code 22 · EIN 13-2941133	Insurance Broker	$5,480

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

3 tripped

OpportunityLow participant contribution
Participant 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.
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

$876K

$242 / participant

Recordkeeping$68K7.8%
Trustee / custodial$10K1.2%
Investment mgmt$234K26.7%
Legal$159K18.1%
Other trustee fees$18K2.0%
Contract admin$180K20.5%
Other / not subdivided$208K23.7%

% of EOY assets

0.875%

all-in expense ratio

Categories reported

6 / 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: $23,345
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,013

$88,479-86.4%

$96,538-87.6%

$80,169-85.0%

Participation rate

100.0%

79.9%+20.1pp

74.3%+25.7pp

72.9%+27.1pp

Annual return

11.92%

22.53%-10.6pp

35.74%-23.8pp

40.39%-28.5pp

Employer contribution / active EE

$3,547

$4,177-15.1%

$3,740-5.2%

$2,978+19.1%

Participant deferral / active EE

$64

$3,961-98.4%

$4,880-98.7%

$5,016-98.7%

Admin fee / account holder

$105

$211-50.3%

$6,737-98.4%

$145-27.5%

Provider

Service type

Compensation

FIDUCIARY MANAGEMENT, INC.9+ years

Service code 28 · EIN 39-1346018

Investment Management

$223,142

BENESYS, INC.8 years

Filed as: BENESYS ADMINISTRATORS

Service code 14 · EIN 38-2383171

Plan Administrator

$165,809

CHRISTENSEN, JAMES & MARTIN7 years

Filed as: CHRISTENSEN JAMES & MARTIN, CHTD.

Service code 29 · EIN 88-0330040

Legal

$155,312

RUBINBROWN LLP7 years

Service code 10 · EIN 43-0765316

Accounting

$52,409

ALSWEET ASSOCIATES9+ years

Service code 10 · EIN 95-2766134

Accounting

$38,933

PACIFIC SOUTHWEST ADMINISTRATORS1 year

Service code 14 · EIN 46-4942970

Plan Administrator

$22,521

MMA SECURITIES LLC1 year

Filed as: MARSH AND MCLENNAN AGENCY

Service code 22 · EIN 36-2668272

Insurance Broker

$17,474

THE SEGAL COMPANY2 years

Filed as: SEGAL MARCO ADVISORS

Service code 17 · EIN 13-2646110

Pension Consulting

$10,699

BMO HARRIS BANK NA6 years

Service code 19 · EIN 36-2085229

Securities Custodian

$10,456

SENECA INSURANCE COMPANY, INC.2 years

Service code 22 · EIN 13-2941133

Insurance Broker

$5,480

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

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