Retirement plan

SEIU SUPPLEMENTAL RETIREMENT SAVINGS 401(K) PLAN

Name: SERVICE EMPLOYEES INTERNATIONAL UNION - SEIU SUPPLEMENTAL RETIREMENT SAVINGS 401(K) PLAN (2024) Form 5500
Creator: SERVICE EMPLOYEES INTERNATIONAL UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEIU SUPPLEMENTAL RETIREMENT SAVINGS 401(K) PLAN, SERVICE EMPLOYEES INTERNATIONAL UNION

SERVICE EMPLOYEES INTERNATIONAL UNIONEIN 36-0852885Plan #002PY 2024

1800 MASSACHUSETTS AVE., NW, #301 - WASHINGTON, DC 200361216202-730-7511

Other plans on this EIN

2 filings

#001Retirement-$370.7M assets #335Retirement-$108.3M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$56.1M

+11.6% from 2023

Total participants

399

+5.3% from 2023

Average account balance

$148,478

+11.9% from 2023

Annual return

14.53%

-3.81 pp from 2023

Benchmarks

See 1,033 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,033 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.12M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

378

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$55,733
CALIBRE CPA GROUP PLLC5 years Filed as: CALIBRE CPA GROUP Service code 10 · EIN 47-0900880	Accounting	$11,000
SEIU NATIONAL INDUSTRY PENSION PLAN5 years Filed as: SEIU NATIONAL INDUSTRY PENSION FUND Service code 13 · EIN 52-6148540	Contract Administrator	$10,098
PENSION PLAN FOR EMPLOYEES OF THE S3 years Service code 13 · EIN 36-0852885	Contract Administrator	$8,714
MARQUETTE ASSOCIATES1 year Filed as: MARQUETTE ASSOCIATES INC Service code 28 180 N LASALLE ST STE 3500 · CHICAGO, IL 60601	Investment Management	$5,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T2U3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$74K

$295 / participant

Investment mgmt$45K59.9%
Contract admin$19K25.3%
Other / not subdivided$11K14.8%

% of EOY assets

0.133%

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: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: $11,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$148,478

$66,009+124.9%

$81,780+81.6%

$77,692+91.1%

Participation rate

91.7%

65.8%+25.9pp

72.4%+19.3pp

70.6%+21.1pp

Annual return

14.53%

26.66%-12.1pp

776.27%-761.7pp

31.25%-16.7pp

Employer contribution / active EE

$2,374-100.0%

$2,914-100.0%

$2,726-100.0%

Participant deferral / active EE

$9,768

$3,510+178.3%

$4,321+126.1%

$4,648+110.1%

Admin fee / account holder

$197

$527-62.7%

$7,384-97.3%

$431-54.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 13 · EIN 06-1050034

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$55,733

CALIBRE CPA GROUP PLLC5 years

Filed as: CALIBRE CPA GROUP

Service code 10 · EIN 47-0900880

Accounting

$11,000

SEIU NATIONAL INDUSTRY PENSION PLAN5 years

Filed as: SEIU NATIONAL INDUSTRY PENSION FUND

Service code 13 · EIN 52-6148540

Contract Administrator

$10,098

PENSION PLAN FOR EMPLOYEES OF THE S3 years

Service code 13 · EIN 36-0852885

Contract Administrator

$8,714

MARQUETTE ASSOCIATES1 year

Filed as: MARQUETTE ASSOCIATES INC

Service code 28

180 N LASALLE ST STE 3500 · CHICAGO, IL 60601

Investment Management

$5,000

SEIU SUPPLEMENTAL RETIREMENT SAVINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEIU SUPPLEMENTAL RETIREMENT SAVINGS 401(K) 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