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 (2023) 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+16.2% from 2022

Total participants

+78.3% from 2022

Average account balance

$161,533

-15.2% from 2022

Annual return

13.84%

+28.26 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

$439K

$5856 / participant

Other / not subdivided$439K100.0%

% of EOY assets

4.316%

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

$161,533

$57,330+181.8%

$86,656+86.4%

$75,177+114.9%

Participation rate

74.7%

63.2%+11.5pp

71.7%+3.0pp

67.2%+7.5pp

Annual return

13.84%

2675.40%-2661.6pp

593.09%-579.3pp

160.75%-146.9pp

Employer contribution / active EE

$2,190

$2,316-5.4%

$3,025-27.6%

$2,671-18.0%

Participant deferral / active EE

$5,984

$3,320+80.2%

$4,439+34.8%

$4,126+45.0%

Admin fee / account holder

$6,971

$4,115+69.4%

$5,619+24.1%

$5,651+23.4%

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