Retirement plan

PLUMBERS & PIPEFITTERS U.A. LOCAL 85 RETIREMENT AND 401K FUND

Name: JOINT BOARD OF TRUSTEES PLUMBERS & PIPEFITTERS UA LOCAL 85 RETIREMENT - PLUMBERS & PIPEFITTERS U.A. LOCAL 85 RETIREMENT AND 401K FUND (2016) Form 5500
Creator: JOINT BOARD OF TRUSTEES PLUMBERS & PIPEFITTERS UA LOCAL 85 RETIREMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS & PIPEFITTERS U.A. LOCAL 85 RETIREMENT AND 401K FUND, JOINT BOARD OF TRUSTEES PLUMBERS & PIPEFITTERS UA LOCAL 85 RETIREMENT

JOINT BOARD OF TRUSTEES PLUMBERS & PIPEFITTERS UA LOCAL 85 RETIREMENTEIN 32-0478132Plan #005PY 2016

700 TOWN DRIVE, SUITE 300 - TROY, MI 48098248-813-9800

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$478K

No prior year

Total participants

197

No prior year

Average account balance

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.68M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

689

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$311

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 1 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS1+ years Filed as: AMERICAN GRAPHICS PRINTING CO Service code 36 · EIN 38-2090931 34895 GROESBECK HWY · CLINTON TOWNSHIP, MI 48035	Direct payment from the plan; Copying...	$5,348

Plan features & details

Pension benefit codes2F2G2J

Plan features

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.
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

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$29K

$149 / participant

Investment mgmt$5K18.7%
Contract admin$5K15.3%
Other / not subdivided$19K66.0%

% of EOY assets

6.139%

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: BULTYNCK & CO., P.L.L.C.
Auditor EIN: 203920878
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,884-100.0%

$84,753-100.0%

$55,167-100.0%

Participation rate

0.0%

67.5%-67.5pp

76.6%-76.6pp

69.0%-69.0pp

Annual return

0.00%

18.03%-18.0pp

22.78%-22.8pp

169.23%-169.2pp

Employer contribution / active EE

$1,952

$2,233-12.6%

$3,574-45.4%

$1,963-0.5%

Participant deferral / active EE

$2,644-100.0%

$3,712-100.0%

$3,054-100.0%

Admin fee / account holder

$581-100.0%

$5,333-100.0%

$504-100.0%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS1+ years

Filed as: AMERICAN GRAPHICS PRINTING CO

Service code 36 · EIN 38-2090931

34895 GROESBECK HWY · CLINTON TOWNSHIP, MI 48035

Direct payment from the plan; Copying...

$5,348

PLUMBERS & PIPEFITTERS U.A. LOCAL 85 RETIREMENT AND 401K FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS & PIPEFITTERS U.A. LOCAL 85 RETIREMENT AND 401K 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