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 (2020) 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 2020

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

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$71M

+18.5% from 2019

Total participants

1,306

-5.0% from 2019

Average account balance

$54,392

+24.8% from 2019

Annual return

17.86%

-4.47 pp from 2019

Benchmarks

See 458 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort458 peers

Snapshot2020

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY6+ years Service code 27 · EIN 26-4310632	Advisory (Plan)	$20,000
L.M. HENDERSON & COMPANY, LLP6+ years Service code 10 · EIN 20-5520612	Accounting	$13,250
BENESYS, INC.6+ years Filed as: UNITED ACTUARIAL SERVICES, INC. Service code 11 · EIN 35-2156428	Actuarial	$11,417

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 participant contribution
Participant 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

$102K

$78 / participant

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

% of EOY assets

0.143%

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

$81,719-33.4%

$101,264-46.3%

$90,274-39.7%

Participation rate

100.0%

80.7%+19.3pp

75.8%+24.2pp

73.4%+26.6pp

Annual return

17.86%

337.64%-319.8pp

46.48%-28.6pp

53.97%-36.1pp

Employer contribution / active EE

$2,468

$3,622-31.9%

$3,660-32.6%

$2,523-2.2%

Participant deferral / active EE

$456

$3,310-86.2%

$4,370-89.6%

$4,231-89.2%

Admin fee / account holder

$78

$162-52.0%

$5,947-98.7%

$114-31.8%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY6+ years

Service code 27 · EIN 26-4310632

Advisory (Plan)

$20,000

L.M. HENDERSON & COMPANY, LLP6+ years

Service code 10 · EIN 20-5520612

Accounting

$13,250

BENESYS, INC.6+ years

Filed as: UNITED ACTUARIAL SERVICES, INC.

Service code 11 · EIN 35-2156428

Actuarial

$11,417

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