Retirement plan

INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD

Name: INTL UNION OF OPERATING ENGRS LOCAL 399 - INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD (2024) Form 5500
Creator: INTL UNION OF OPERATING ENGRS LOCAL 399
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD, INTL UNION OF OPERATING ENGRS LOCAL 399

INTL UNION OF OPERATING ENGRS LOCAL 399EIN 36-1265730Plan #002PY 2024

2260 S. GROVE STREET - CHICAGO, IL 60616312-372-9870

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.1M

-0.3% from 2023

Total participants

-34.1% from 2023

Average account balance

$247,410

+53.2% from 2023

Annual return

11.87%

-1.97 pp from 2023

Benchmarks

See 10,646 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,646 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.14M

Not enough data

1 years with asset history on file

Average account balance

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

$247K

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.

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.

82.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$627K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45607

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$37398 / participant

Other / not subdivided$2M100.0%

% of EOY assets

18.434%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$247,410

$58,311+324.3%

$81,882+202.2%

$80,959+205.6%

Participation rate

74.0%

63.5%+10.5pp

72.4%+1.6pp

67.7%+6.3pp

Annual return

11.87%

41.85%-30.0pp

779.47%-767.6pp

35.67%-23.8pp

Employer contribution / active EE

$3,615

$2,347+54.0%

$2,916+24.0%

$2,757+31.1%

Participant deferral / active EE

$8,931

$3,287+171.7%

$4,323+106.6%

$4,300+107.7%

Admin fee / account holder

$45,607

$4,752+859.7%

$7,360+519.7%

$6,925+558.6%

INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD

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