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 (2017) 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 2017

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

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$51.4M

+16.2% from 2016

Total participants

1,349

-4.8% from 2016

Average account balance

No prior year

Annual return

18.09%

+12.26 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

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 5 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY3+ years Service code 51 · EIN 26-4310632	Investment Mgmt Fees	$20,000
L.M. HENDERSON & COMPANY, LLP3+ years Service code 10 · EIN 20-5520612	Accounting	$11,750
BENESYS, INC.3+ years Filed as: UNITED ACTUARIAL SERVICES, INC. Service code 11 · EIN 35-2156428	Actuarial	$10,500
WRIGHT SHAGLEY & LOWERY1 year Filed as: WRIGHT, SHAGLEY & LOWERY, PC Service code 29 · EIN 20-8333939	Legal	$8,866
NYHART1 year Service code 15 · EIN 35-0966414	Recordkeeping	$7,010

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

$102K

$75 / participant

Investment mgmt$20K19.7%
Other / not subdivided$82K80.3%

% of EOY assets

0.198%

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

$221,442-100.0%

$92,240-100.0%

$77,958-100.0%

Participation rate

0.0%

79.6%-79.6pp

76.5%-76.5pp

71.6%-71.6pp

Annual return

18.09%

15.65%+2.4pp

176.29%-158.2pp

20.87%-2.8pp

Employer contribution / active EE

$1,393

$3,226-56.8%

$3,680-62.2%

$2,310-39.7%

Participant deferral / active EE

$597

$2,779-78.5%

$3,897-84.7%

$3,537-83.1%

Admin fee / account holder

$210-100.0%

$5,194-100.0%

$97-100.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3+ years

Service code 51 · EIN 26-4310632

Investment Mgmt Fees

$20,000

L.M. HENDERSON & COMPANY, LLP3+ years

Service code 10 · EIN 20-5520612

Accounting

$11,750

BENESYS, INC.3+ years

Filed as: UNITED ACTUARIAL SERVICES, INC.

Service code 11 · EIN 35-2156428

Actuarial

$10,500

WRIGHT SHAGLEY & LOWERY1 year

Filed as: WRIGHT, SHAGLEY & LOWERY, PC

Service code 29 · EIN 20-8333939

Legal

$8,866

NYHART1 year

Service code 15 · EIN 35-0966414

Recordkeeping

$7,010

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