Retirement plan

INDIANA PIPE TRADES DEFINED CONTRIBUTION PENSION PLAN

Name: BD OF TRUSTEES - INDIANA PIPE TRADES DFND CONT PENSION PLAN - INDIANA PIPE TRADES DEFINED CONTRIBUTION PENSION PLAN (2016) Form 5500
Creator: BD OF TRUSTEES - INDIANA PIPE TRADES DFND CONT PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDIANA PIPE TRADES DEFINED CONTRIBUTION PENSION PLAN, BD OF TRUSTEES - INDIANA PIPE TRADES DFND CONT PENSION PLAN

BD OF TRUSTEES - INDIANA PIPE TRADES DFND CONT PENSION PLANEIN 35-1983939Plan #001PY 2016

8801 EAST MILNER AVENUE - TERRE HAUTE, IN 47803812-877-3588

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$44.2M

+2.2% from 2015

Total participants

1,417

-6.0% from 2015

Average account balance

No prior year

Annual return

5.83%

+6.64 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$91.82M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

1,464

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

$5.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$164

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 4 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2+ years Service code 27 · EIN 26-4310632	Advisory (Plan)	$20,000
BENESYS, INC.2+ years Filed as: UNITED ACTUARIAL SERVICES, INC. Service code 11 · EIN 35-2156428	Actuarial	$13,021
L.M. HENDERSON & COMPANY, LLP2+ years Service code 10 · EIN 20-5520612	Accounting	$11,450
WRIGHT FORD YOUNG & CO2+ years Filed as: WRIGHT, SHAGLEY & LOWERY, P.C. Service code 29 · EIN 20-8333939	Legal	$10,843

Plan features & details

Pension benefit codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 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.

Expense breakdown

Schedule H Part II

Admin total

$103K

$73 / participant

Investment mgmt$20K19.4%
Other / not subdivided$83K80.6%

% of EOY assets

0.233%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,392-100.0%

$84,753-100.0%

$63,975-100.0%

Participation rate

0.0%

76.9%-76.9pp

76.6%-76.6pp

71.1%-71.1pp

Annual return

5.83%

611.38%-605.5pp

22.78%-16.9pp

48.65%-42.8pp

Employer contribution / active EE

$1,217

$2,943-58.7%

$3,574-66.0%

$2,182-44.2%

Participant deferral / active EE

$552

$2,593-78.7%

$3,712-85.1%

$3,356-83.6%

Admin fee / account holder

$136-100.0%

$5,333-100.0%

$70-100.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Service code 27 · EIN 26-4310632

Advisory (Plan)

$20,000

BENESYS, INC.2+ years

Filed as: UNITED ACTUARIAL SERVICES, INC.

Service code 11 · EIN 35-2156428

Actuarial

$13,021

L.M. HENDERSON & COMPANY, LLP2+ years

Service code 10 · EIN 20-5520612

Accounting

$11,450

WRIGHT FORD YOUNG & CO2+ years

Filed as: WRIGHT, SHAGLEY & LOWERY, P.C.

Service code 29 · EIN 20-8333939

Legal

$10,843

INDIANA PIPE TRADES DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDIANA PIPE TRADES 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