Retirement plan

PLUMBERS AND PIPEFITTERS LOCAL UNION 172 VOLUNTARY 401K PLAN

Name: BOARD OF TRUSTEES OF PLUMBERS AND PIPEFITTERS LOCAL UNION 172 - PLUMBERS AND PIPEFITTERS LOCAL UNION 172 VOLUNTARY 401K PLAN (2025) Form 5500
Creator: BOARD OF TRUSTEES OF PLUMBERS AND PIPEFITTERS LOCAL UNION 172
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS AND PIPEFITTERS LOCAL UNION 172 VOLUNTARY 401K PLAN, BOARD OF TRUSTEES OF PLUMBERS AND PIPEFITTERS LOCAL UNION 172

BOARD OF TRUSTEES OF PLUMBERS AND PIPEFITTERS LOCAL UNION 172EIN 35-1971399Plan #001PY 2025

625 ENTERPRISE DR. - OAK BROOK, IL 605238813517-321-7502

Prospect flagsLow returnsHigh feesLow participationLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.9M

+3.8% from 2024

Total participants

478

+20.1% from 2024

Average account balance

$43,446

+10.3% from 2024

Annual return

4.01%

-13.87 pp from 2024

Benchmarks

See 427 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort427 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.95M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

321

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.

66.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$656K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+4.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$389

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 7 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC5 years Filed as: CAPTRUST Service code 27 · EIN 26-0058143	Advisory (Plan)	$32,500
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 13 · EIN 01-0233346	Contract Administrator	$27,667
LEGACY PROFESSIONALS LLP10+ years Service code 10 · EIN 32-0043599	Accounting	$22,272
BENEFITS MANAGEMENT GROUP, INC.1 year Service code 13 · EIN 20-0188125	Contract Administrator	$11,859
BPAS ACTUARIAL & PENSION SERVICES6 years Filed as: BPAS Service code 13 · EIN 16-1503696	Contract Administrator	$11,702
JOHNSON & KROL, LLC5 years Filed as: JOHNSON AND KROL LLC Service code 29 · EIN 36-4342024	Legal	$8,538
HUNT INSURANCE AGENCY, INC.4 years Filed as: HUNT INSURANCE GROUP Service code 22 · EIN 36-2730032	Insurance Broker	$6,879

Plan features & details

Pension benefit codes2G2J2T

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.
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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$125K

$266 / participant

Recordkeeping$6K5.0%
Trustee / custodial$1210.1%
Investment mgmt$37K29.9%
Legal$9K6.8%
Contract admin$43K34.5%
Other / not subdivided$30K23.7%

% of EOY assets

0.896%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: $16,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,446

$92,224-52.9%

$105,223-58.7%

$79,634-45.4%

Participation rate

66.6%

69.2%-2.6pp

75.0%-8.4pp

62.5%+4.1pp

Annual return

4.01%

88.65%-84.6pp

180.65%-176.6pp

36.46%-32.5pp

Employer contribution / active EE

$186

$3,965-95.3%

$3,689-94.9%

$2,529-92.6%

Participant deferral / active EE

$1,210

$3,834-68.4%

$5,072-76.1%

$3,835-68.4%

Admin fee / account holder

$389

$1,121-65.3%

$8,859-95.6%

$1,002-61.2%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC5 years

Filed as: CAPTRUST

Service code 27 · EIN 26-0058143

Advisory (Plan)

$32,500

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 13 · EIN 01-0233346

Contract Administrator

$27,667

LEGACY PROFESSIONALS LLP10+ years

Service code 10 · EIN 32-0043599

Accounting

$22,272

BENEFITS MANAGEMENT GROUP, INC.1 year

Service code 13 · EIN 20-0188125

Contract Administrator

$11,859

BPAS ACTUARIAL & PENSION SERVICES6 years

Filed as: BPAS

Service code 13 · EIN 16-1503696

Contract Administrator

$11,702

JOHNSON & KROL, LLC5 years

Filed as: JOHNSON AND KROL LLC

Service code 29 · EIN 36-4342024

Legal

$8,538

HUNT INSURANCE AGENCY, INC.4 years

Filed as: HUNT INSURANCE GROUP

Service code 22 · EIN 36-2730032

Insurance Broker

$6,879

PLUMBERS AND PIPEFITTERS LOCAL UNION 172 VOLUNTARY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS AND PIPEFITTERS LOCAL UNION 172 VOLUNTARY 401K 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