Retirement plan

COOPERATIVE PENSION PLAN

Name: COOPERATIVE PENSION / SAVINGS BOARD - COOPERATIVE PENSION PLAN (2017) Form 5500
Creator: COOPERATIVE PENSION / SAVINGS BOARD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPERATIVE PENSION PLAN, COOPERATIVE PENSION / SAVINGS BOARD

COOPERATIVE PENSION / SAVINGS BOARDEIN 31-1257147Plan #334PY 2017

8415 ALLISON POINTE BLVD SUITE 300 - INDIANAPOLIS, IN 462504159888-400-6661

Other plans on this EIN

1 filing

#335Retirement-$275.5M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$248.7M

-5.6% from 2016

Total participants

6,892

-1.0% from 2016

Average account balance

No prior year

Annual return

13.49%

-12.19 pp from 2016

Benchmarks

See 1,145 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants1,000-4,999

Cohort1,145 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$229.24M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

3,055

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+7.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 11 by compensation

Provider	Service type	Compensation
NYHART3+ years Service code 11 · EIN 35-0966414	Actuarial	$867,882
BAKER & HOSTETLER LLP3+ years Filed as: BAKER & HOSTETLER, LLP Service code 29 · EIN 34-0082025	Legal	$211,418
OXFORD FINANCIAL GROUP, LTD3+ years Service code 27 · EIN 35-1588335	Advisory (Plan)	$126,415
RUSSELL TRUST COMPANY3+ years Service code 21 · EIN 91-1116938	Bank Trustee	$105,284
SCHRODER INVESTMENT MANAGEMENT1 year Service code 28 · EIN 13-4064414	Investment Management	$104,424
NORTHERN TRUST COMPANY1 year Filed as: THE NORTHERN TRUST COMPANY Service code 21 · EIN 36-1561860	Bank Trustee	$81,667
NUANCE INVESTMENTS1 year Filed as: NUANCE INVESTMENTS, LLC Service code 28 · EIN 26-3649176	Investment Management	$70,108
VULCAN VALUE PARTNERS1 year Filed as: VULCAN VALUE PARTNERS, LLC Service code 28 · EIN 39-2051712	Investment Management	$61,126
SELECT EQUITY GROUP, L.P.1 year Filed as: SELECT EQUITY GROUP LP Service code 28 · EIN 46-3465710	Investment Management	$54,668
BKD, LLP3+ years Service code 10 · EIN 44-0160260	Accounting	$16,000

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).

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

$4.2M

$1173 / participant

Investment mgmt$417K9.9%
Contract admin$393K9.3%
Other / not subdivided$3M80.8%

% of EOY assets

1.695%

all-in expense ratio

Categories reported

2 / 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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,260-100.0%

Participation rate

0.0%

0.0%0pp

21.7%-21.7pp

0.0%0pp

Annual return

13.49%

17.84%-4.3pp

9.21%+4.3pp

17.84%-4.3pp

Employer contribution / active EE

$4,581

$14,688-68.8%

$35,088-86.9%

$14,688-68.8%

Participant deferral / active EE

$46

$770-94.0%

$163-71.7%

$770-94.0%

Admin fee / account holder

$4,019-100.0%

Provider

Service type

Compensation

NYHART3+ years

Service code 11 · EIN 35-0966414

Actuarial

$867,882

BAKER & HOSTETLER LLP3+ years

Filed as: BAKER & HOSTETLER, LLP

Service code 29 · EIN 34-0082025

Legal

$211,418

OXFORD FINANCIAL GROUP, LTD3+ years

Service code 27 · EIN 35-1588335

Advisory (Plan)

$126,415

RUSSELL TRUST COMPANY3+ years

Service code 21 · EIN 91-1116938

Bank Trustee

$105,284

SCHRODER INVESTMENT MANAGEMENT1 year

Service code 28 · EIN 13-4064414

Investment Management

$104,424

NORTHERN TRUST COMPANY1 year

Filed as: THE NORTHERN TRUST COMPANY

Service code 21 · EIN 36-1561860

Bank Trustee

$81,667

NUANCE INVESTMENTS1 year

Filed as: NUANCE INVESTMENTS, LLC

Service code 28 · EIN 26-3649176

Investment Management

$70,108

VULCAN VALUE PARTNERS1 year

Filed as: VULCAN VALUE PARTNERS, LLC

Service code 28 · EIN 39-2051712

Investment Management

$61,126

SELECT EQUITY GROUP, L.P.1 year

Filed as: SELECT EQUITY GROUP LP

Service code 28 · EIN 46-3465710

Investment Management

$54,668

BKD, LLP3+ years

Service code 10 · EIN 44-0160260

Accounting

$16,000

COOPERATIVE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPERATIVE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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