Retirement plan

INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD

Name: INTL UNION OF OPERATING ENGNRS LOCAL 399 - INTL UNION OF OPER. ENGRS LOCAL 399 STAFF TAX DFD (2018) Form 5500
Creator: INTL UNION OF OPERATING ENGNRS 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 ENGNRS LOCAL 399

INTL UNION OF OPERATING ENGNRS LOCAL 399EIN 36-1265730Plan #002PY 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

-20.6% from 2017

Total participants

-2.3% from 2017

Average account balance

$168,513

-18.7% from 2017

Annual return

-4.96%

-27.10 pp from 2017

Benchmarks

See 7,475 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,475 peers

Snapshot2018

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

$56250 / participant

Other / not subdivided$2M100.0%

% of EOY assets

26.394%

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

$168,513

$94,529+78.3%

$140,019+20.4%

$64,173+162.6%

Participation rate

100.0%

84.1%+15.9pp

87.5%+12.5pp

69.6%+30.4pp

Annual return

-4.96%

7.77%-12.7pp

651.17%-656.1pp

7.63%-12.6pp

Employer contribution / active EE

$3,897

$3,812+2.2%

$5,605-30.5%

$2,381+63.7%

Participant deferral / active EE

$9,801

$5,250+86.7%

$6,927+41.5%

$3,470+182.5%

Admin fee / account holder

$44,477

$6,741+559.8%

$10,705+315.5%

$4,887+810.0%

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