Retirement plan

IBEW LOCAL 683 PROFIT SHARING ANNUITY PLAN

Name: IBEW LOCAL 683 BOARD OF TRUSTEES - IBEW LOCAL 683 PROFIT SHARING ANNUITY PLAN (2015) Form 5500
Creator: IBEW LOCAL 683 BOARD OF TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IBEW LOCAL 683 PROFIT SHARING ANNUITY PLAN, IBEW LOCAL 683 BOARD OF TRUSTEES

IBEW LOCAL 683 BOARD OF TRUSTEESEIN 34-1442087Plan #002PY 2015

PO BOX 8010 - COLUMBUS, OH 432010810614-421-0600LinkedIn1001-5000 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$175.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$132.4M

-6.5% from 2016

Total participants

2,073

-1.2% from 2016

Average account balance

$63,871

-5.3% from 2016

Annual return

0.89%

-5.38 pp from 2016

Benchmarks

See 297 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort297 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$248.95M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

4,239

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.

73.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18.97M

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

+13.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 9 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY INVESTMENT INST. OPER. CO. Service code 37 · EIN 04-2647786 82 DEVONSHIRE STREET · BOSTON, MA 02109	Loan Processing	$106,890
DANISON & ASSOCIATES1+ years Filed as: DANNISON & ASSOCIATES, INC. Service code 27 · EIN 31-1553547 2152 TREMONT CENTER · COLUMBUS, OH 43221	Advisory (Plan)	$106,129
IBEW LOCAL 683 FRINGE BENEFIT FUNDS1+ years Service code 14 · EIN 31-1449092 23 WEST SECOND AVENUE · COLUMBUS, OH 43201	Plan Administrator	$74,910
EAGLE CAPITAL MANAGEMENT, LLC1+ years Filed as: EAGLE ASSET MANAGEMENT Service code 28 · EIN 59-2385219 880 · ST PETERSBURG, FL 33733	Investment Management	$41,834
ALLOTTA FARLEY CO LPA1+ years Filed as: ALLOTTA, FARLEY & WIDMAN CO., LPA Service code 29 · EIN 34-1316963 2222 CENTENNIAL ROAD · TOLEDO, OH 43617	Legal	$26,382
R.F. CHAPMAN1+ years Filed as: R. F. CHAPMAN Service code 10 · EIN 31-1492960 P O BOX 895 · PORTSMOUTH, OH 456620895	Accounting	$25,015
KISSEL & ASSOCIATES, INC.1+ years Service code 10 · EIN 34-1204227 1005 LEXINGTON AVENUE · MANSFIELD, OH 44907	Accounting	$20,834
JPMORGAN INVEST HOLDINGS LLC1+ years Filed as: CHEVY CHASE TRUST Service code 18 · EIN 52-2037618 7501 WISCONSIN AVENUE · BETHESDA, MD 20814	Custodial (other than securities)	$7,241
BENESYS, INC.1+ years Filed as: UNITED ACTUARIAL SERVICES, INC. Service code 11 · EIN 35-2156428 11590 N MERIDIAN ST SUITE 610 · CARMEL, IN 460324529	Actuarial	$7,000

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$329K

$163 / participant

Investment mgmt$106K32.3%
Contract admin$75K22.8%
Other / not subdivided$148K45.0%

% of EOY assets

0.249%

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: KISSEL & ASSOCIATES, INC.
Auditor EIN: 341204227
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,871

$55,516+15.0%

$75,784-15.7%

$59,188+7.9%

Participation rate

100.0%

73.6%+26.4pp

75.8%+24.2pp

69.4%+30.6pp

Annual return

0.89%

-1.89%+2.8pp

9.68%-8.8pp

5.51%-4.6pp

Employer contribution / active EE

$2,201

$2,604-15.5%

$3,323-33.8%

$2,098+4.9%

Participant deferral / active EE

$2,599-100.0%

$3,652-100.0%

$3,265-100.0%

Admin fee / account holder

$159

$110+44.3%

$5,300-97.0%

$92+72.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY INVESTMENT INST. OPER. CO.

Service code 37 · EIN 04-2647786

82 DEVONSHIRE STREET · BOSTON, MA 02109

Loan Processing

$106,890

DANISON & ASSOCIATES1+ years

Filed as: DANNISON & ASSOCIATES, INC.

Service code 27 · EIN 31-1553547

2152 TREMONT CENTER · COLUMBUS, OH 43221

Advisory (Plan)

$106,129

IBEW LOCAL 683 FRINGE BENEFIT FUNDS1+ years

Service code 14 · EIN 31-1449092

23 WEST SECOND AVENUE · COLUMBUS, OH 43201

Plan Administrator

$74,910

EAGLE CAPITAL MANAGEMENT, LLC1+ years

Filed as: EAGLE ASSET MANAGEMENT

Service code 28 · EIN 59-2385219

880 · ST PETERSBURG, FL 33733

Investment Management

$41,834

ALLOTTA FARLEY CO LPA1+ years

Filed as: ALLOTTA, FARLEY & WIDMAN CO., LPA

Service code 29 · EIN 34-1316963

2222 CENTENNIAL ROAD · TOLEDO, OH 43617

Legal

$26,382

R.F. CHAPMAN1+ years

Filed as: R. F. CHAPMAN

Service code 10 · EIN 31-1492960

P O BOX 895 · PORTSMOUTH, OH 456620895

Accounting

$25,015

KISSEL & ASSOCIATES, INC.1+ years

Service code 10 · EIN 34-1204227

1005 LEXINGTON AVENUE · MANSFIELD, OH 44907

Accounting

$20,834

JPMORGAN INVEST HOLDINGS LLC1+ years

Filed as: CHEVY CHASE TRUST

Service code 18 · EIN 52-2037618

7501 WISCONSIN AVENUE · BETHESDA, MD 20814

Custodial (other than securities)

$7,241

BENESYS, INC.1+ years

Filed as: UNITED ACTUARIAL SERVICES, INC.

Service code 11 · EIN 35-2156428

11590 N MERIDIAN ST SUITE 610 · CARMEL, IN 460324529

Actuarial

$7,000

IBEW LOCAL 683 PROFIT SHARING ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IBEW LOCAL 683 PROFIT SHARING ANNUITY 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