Retirement plan

PLUMBERS & PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN

Name: PLUMBERS AND PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN - PLUMBERS & PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: PLUMBERS AND PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS & PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN, PLUMBERS AND PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN

PLUMBERS AND PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLANEIN 31-1387429Plan #002PY 2020

1200 E. SECOND STREET - DAYTON, OH 454031019937-461-5652

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.8M

+14.6% from 2019

Total participants

650

+4.5% from 2019

Average account balance

$68,101

+6.2% from 2019

Annual return

14.87%

-6.72 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.93M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

968

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

$4.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$161

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 of 18 by compensation

Provider	Service type	Compensation
PLUMBERS & PIPEFITTERS LOCAL 1622 years Service code 50 · EIN 31-1387429	Direct Payment	$76,556
HEALTHSCOPE BENEFITS1 year Service code 13 · EIN 71-0847266	Contract Administrator	$26,966
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC CAPITAL INVESTEMENT ADVIS Service code 28 700 E BUTTERFIELD ROAD, SUITE 320 · LOMBARD, IL 60148	Investment Management	$21,755
BLUE CHIP RETIREMENT PLANS, INC.1 year Filed as: BLUE & CO LLC Service code 10 · EIN 35-1178661 12800 N. MERIDIAN STREET, SUITE 400 · CARMEL, IA 46032	Accounting	$16,423
ASCENSUS LLC1 year Filed as: LEDBETTER & PARISI, LLC Service code 29 · EIN 03-0599899 70 RHOADS CENTER DRIVE, STE B · CENTERVILLE, OH 45458	Legal	$16,159
THE SEGAL COMPANY1 year Filed as: SEGAL SELECT INSURANCE SERVICES INC Service code 22 · EIN 46-0619194 333 WEST 34TH ST · NEW YORK, NY 10001	Insurance Broker	$5,581
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-6026952	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMETNS Service code 52 · EIN 04-3365630	Indirect Investment Fees	$0
GOLDMAN SACHS2 years Service code 52 · EIN 13-4166989	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2C2F2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$143K

$229 / participant

Investment mgmt$70K49.1%
Contract admin$27K18.9%
Other / not subdivided$46K32.0%

% of EOY assets

0.326%

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: BLUE AND CO., LLC
Auditor EIN: 311178661
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,101

$91,517-25.6%

$101,275-32.8%

$73,412-7.2%

Participation rate

98.9%

73.8%+25.1pp

75.8%+23.1pp

72.2%+26.7pp

Annual return

14.87%

17.17%-2.3pp

46.48%-31.6pp

59.30%-44.4pp

Employer contribution / active EE

$3,105

$2,877+7.9%

$3,660-15.2%

$2,234+39.0%

Participant deferral / active EE

$3,338-100.0%

$4,371-100.0%

$3,806-100.0%

Admin fee / account holder

$222

$216+3.0%

$5,948-96.3%

$158+40.8%

Provider

Service type

Compensation

PLUMBERS & PIPEFITTERS LOCAL 1622 years

Service code 50 · EIN 31-1387429

Direct Payment

$76,556

HEALTHSCOPE BENEFITS1 year

Service code 13 · EIN 71-0847266

Contract Administrator

$26,966

STRATEGIC ADVISORS, INC.1 year

Filed as: STRATEGIC CAPITAL INVESTEMENT ADVIS

Service code 28

700 E BUTTERFIELD ROAD, SUITE 320 · LOMBARD, IL 60148

Investment Management

$21,755

BLUE CHIP RETIREMENT PLANS, INC.1 year

Filed as: BLUE & CO LLC

Service code 10 · EIN 35-1178661

12800 N. MERIDIAN STREET, SUITE 400 · CARMEL, IA 46032

Accounting

$16,423

ASCENSUS LLC1 year

Filed as: LEDBETTER & PARISI, LLC

Service code 29 · EIN 03-0599899

70 RHOADS CENTER DRIVE, STE B · CENTERVILLE, OH 45458

Legal

$16,159

THE SEGAL COMPANY1 year

Filed as: SEGAL SELECT INSURANCE SERVICES INC

Service code 22 · EIN 46-0619194

333 WEST 34TH ST · NEW YORK, NY 10001

Insurance Broker

$5,581

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-6026952

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMETNS

Service code 52 · EIN 04-3365630

Indirect Investment Fees

GOLDMAN SACHS2 years

Service code 52 · EIN 13-4166989

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

PLUMBERS & PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS & PIPEFITTERS LOCAL 162 RETIREMENT SAVINGS 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