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 (2018) 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 2018

2111 WEST LINCOLN HIGHWAY - MERRILLVILLE, IN 46410800-769-6944

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.3M

+6.8% from 2017

Total participants

153

+10.1% from 2017

Average account balance

$39,087

+3.2% from 2017

Annual return

10.11%

-1.49 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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 4 by compensation

Provider	Service type	Compensation
LAKESIDE WEALTH MANAGEMENT3+ years Filed as: LAKESIDE WEALTH MANAGEMENT GROUP Service code 27 · EIN 20-4455433	Advisory (Plan)	$25,000
STEWART C. MILLER & CO., INC.3+ years Filed as: STEWART C MILLER Service code 14 · EIN 35-1820020	Plan Administrator	$11,091
LEGACY PROFESSIONALS LLP3+ years Service code 10 · EIN 32-0043599	Accounting	$7,283
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Custodial (other than securities); In...	$5,869

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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

$58K

$379 / participant

Investment mgmt$31K53.3%
Contract admin$10K17.6%
Other / not subdivided$17K29.1%

% of EOY assets

0.564%

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: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,087

$55,449-29.5%

$83,830-53.4%

$56,287-30.6%

Participation rate

100.0%

68.0%+32.0pp

76.1%+23.9pp

69.9%+30.1pp

Annual return

10.11%

-1.38%+11.5pp

850.97%-840.9pp

-9.96%+20.1pp

Employer contribution / active EE

$339

$2,430-86.1%

$3,631-90.7%

$2,111-84.0%

Participant deferral / active EE

$3,301

$2,935+12.4%

$4,082-19.1%

$3,350-1.5%

Admin fee / account holder

$220

$656-66.4%

$5,479-96.0%

$521-57.7%

Provider

Service type

Compensation

LAKESIDE WEALTH MANAGEMENT3+ years

Filed as: LAKESIDE WEALTH MANAGEMENT GROUP

Service code 27 · EIN 20-4455433

Advisory (Plan)

$25,000

STEWART C. MILLER & CO., INC.3+ years

Filed as: STEWART C MILLER

Service code 14 · EIN 35-1820020

Plan Administrator

$11,091

LEGACY PROFESSIONALS LLP3+ years

Service code 10 · EIN 32-0043599

Accounting

$7,283

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Custodial (other than securities); In...

$5,869

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