Retirement plan

U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEXAS

Name: U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF T - U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEXAS (2024) Form 5500
Creator: U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF T
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEXAS, U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF T

U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEIN 31-1524293Plan #001PY 2024

8441 GULF FREEWAY SUITE 304 - HOUSTON, TX 770175066713-643-9300

Prospect flagsLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$37.5M

+23.5% from 2023

Total participants

5,316

+18.2% from 2023

Average account balance

$7,054

+4.5% from 2023

Annual return

12.61%

-0.26 pp from 2023

Benchmarks

See 80 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants5,000-9,999

Cohort80 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.50M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

5,316

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

$5.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$941

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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 5 by compensation

Provider	Service type	Compensation
COMSAL INC10+ years Service code 15 · EIN 75-1761182 4131 N CENTRAL EXPWY SUITE 250 · DALLAS, TX 75204	Recordkeeping	$183,338
SOUTHWEST SERVICE ADMINISTRATORS6 years Filed as: SOUTHWEST SERVICE ADMINISTRATOR Service code 13 · EIN 86-0785790 2425 N. CENTRAL EXPY 120 · RICHARDSON, TX 75080	Contract Administrator	$108,876
RBC WEALTH MANAGEMENT4 years Filed as: RBC CAPITAL MARKETS Service code 26 · EIN 41-1416330 60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402	Advisory (Participants)	$87,521
HARPER & PEARSON COMPANY, P.C.7 years Service code 10 · EIN 74-1695589 ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056	Accounting	$73,000
CONNER & WINTERS8 years Filed as: CONNER & WINTERS, LLP Service code 29 · EIN 73-1388566 808 TRAVIS STREET, 23RD FLOOR · HOUSTON, TX 77002	Legal	$27,488

Plan features & details

Pension benefit codes2G2J

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.

Opportunity flags

3 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$511K

$96 / participant

Recordkeeping$183K35.9%
Investment mgmt$88K17.1%
Legal$27K5.4%
Contract admin$109K21.3%
Other / not subdivided$104K20.3%

% of EOY assets

1.363%

all-in expense ratio

Categories reported

4 / 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: HARPER & PEARSON COMPANY PC
Auditor EIN: 741695589
Audit fees: $73,000
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,054

$86,936-91.9%

$102,437-93.1%

$99,313-92.9%

Participation rate

100.0%

81.7%+18.3pp

74.5%+25.5pp

71.7%+28.3pp

Annual return

12.61%

14.99%-2.4pp

24.95%-12.3pp

17.67%-5.1pp

Employer contribution / active EE

$676

$3,925-82.8%

$3,871-82.5%

$3,264-79.3%

Participant deferral / active EE

$264

$3,825-93.1%

$5,060-94.8%

$5,346-95.1%

Admin fee / account holder

$96

$140-31.5%

$8,388-98.9%

$109-11.9%

Provider

Service type

Compensation

COMSAL INC10+ years

Service code 15 · EIN 75-1761182

4131 N CENTRAL EXPWY SUITE 250 · DALLAS, TX 75204

Recordkeeping

$183,338

SOUTHWEST SERVICE ADMINISTRATORS6 years

Filed as: SOUTHWEST SERVICE ADMINISTRATOR

Service code 13 · EIN 86-0785790

2425 N. CENTRAL EXPY 120 · RICHARDSON, TX 75080

Contract Administrator

$108,876

RBC WEALTH MANAGEMENT4 years

Filed as: RBC CAPITAL MARKETS

Service code 26 · EIN 41-1416330

60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402

Advisory (Participants)

$87,521

HARPER & PEARSON COMPANY, P.C.7 years

Service code 10 · EIN 74-1695589

ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056

Accounting

$73,000

CONNER & WINTERS8 years

Filed as: CONNER & WINTERS, LLP

Service code 29 · EIN 73-1388566

808 TRAVIS STREET, 23RD FLOOR · HOUSTON, TX 77002

Legal

$27,488

U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEXAS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. PLUMBERS & STEAMFITTERS DEFINED CONTRIBUTION AND 401(K) PLAN OF TEXAS

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