Retirement plan

INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION PLAN

Name: THE BOARD OF TRUSTEES OF THE IN/KY/OH REGIONAL COUNCIL OF - INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION PLAN (2022) Form 5500
Creator: THE BOARD OF TRUSTEES OF THE IN/KY/OH REGIONAL COUNCIL OF
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION PLAN, THE BOARD OF TRUSTEES OF THE IN/KY/OH REGIONAL COUNCIL OF

THE BOARD OF TRUSTEES OF THE IN/KY/OH REGIONAL COUNCIL OFdba CARPENTERS DC PENSION PLANEIN 35-1833932Plan #001PY 2022

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

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$758.1M

-12.1% from 2021

Total participants

32,425

+2.0% from 2021

Average account balance

$23,380

-13.8% from 2021

Annual return

-12.16%

-34.92 pp from 2021

Benchmarks

See 101 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort101 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59B

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

55,172

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

$141.60M

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

+9.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
MATRIX TRUST COMPANY1 year Service code 15 · EIN 75-3182674	Recordkeeping	$1,103,190
BENESYS, INC.7+ years Filed as: BENESYS Service code 14 · EIN 38-2383171	Plan Administrator	$298,755
REINHART BOERNER VAN DEUREN S.C.3 years Filed as: REINHART BOERNER VAN DEUREN Service code 29 · EIN 39-1126909 1000 N WATER ST STE 1700 · MILWAUKEE, WI 53202	Legal	$111,926
MARQUETTE ASSOCIATES7+ years Service code 27 · EIN 36-3485298	Advisory (Plan)	$95,000
L.M. HENDERSON & COMPANY, LLP7+ years Service code 10 · EIN 20-5520612	Accounting	$54,107
JOHNSON & KROL, LLC3 years Filed as: JOHNSON & KROL LLC Service code 29 · EIN 36-4342024	Legal	$40,797
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN GRAPHICS PRINTING COMPANY Service code 36 34895 GROESBECK HWY · CLINTON TWP, MI 48035	Copying and duplicating; Direct payme...	$0

Plan features & details

Pension benefit codes2C2E2F2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing 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.

Opportunity flags

2 tripped

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

$1.8M

$59 / participant

Investment mgmt$1M66.9%
Contract admin$299K16.7%
Other / not subdivided$292K16.3%

% of EOY assets

0.236%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: L.M. HENDERSON & COMPANY, LLP
Auditor EIN: 205520612
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,380

$138,331-83.1%

$86,677-73.0%

$89,394-73.8%

Participation rate

100.0%

88.9%+11.1pp

76.6%+23.4pp

71.3%+28.7pp

Annual return

-12.16%

-11.72%-0.4pp

35.91%-48.1pp

-11.89%-0.3pp

Employer contribution / active EE

$2,057

$4,812-57.2%

$2,836-27.5%

$3,022-31.9%

Participant deferral / active EE

$8,027-100.0%

$4,656-100.0%

$5,123-100.0%

Admin fee / account holder

$55

$64-14.0%

$7,493-99.3%

$79-30.6%

Provider

Service type

Compensation

MATRIX TRUST COMPANY1 year

Service code 15 · EIN 75-3182674

Recordkeeping

$1,103,190

BENESYS, INC.7+ years

Filed as: BENESYS

Service code 14 · EIN 38-2383171

Plan Administrator

$298,755

REINHART BOERNER VAN DEUREN S.C.3 years

Filed as: REINHART BOERNER VAN DEUREN

Service code 29 · EIN 39-1126909

1000 N WATER ST STE 1700 · MILWAUKEE, WI 53202

Legal

$111,926

MARQUETTE ASSOCIATES7+ years

Service code 27 · EIN 36-3485298

Advisory (Plan)

$95,000

L.M. HENDERSON & COMPANY, LLP7+ years

Service code 10 · EIN 20-5520612

Accounting

$54,107

JOHNSON & KROL, LLC3 years

Filed as: JOHNSON & KROL LLC

Service code 29 · EIN 36-4342024

Legal

$40,797

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN GRAPHICS PRINTING COMPANY

Service code 36

34895 GROESBECK HWY · CLINTON TWP, MI 48035

Copying and duplicating; Direct payme...

INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION 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