Retirement plan

ARCH. IRONWORKERS LOCAL 63 DC PENSION TRUST

Name: BOARD OF TRUSTEES-LOCAL 63 DEFINED CONTRIBUTION PENSION FUND - ARCH. IRONWORKERS LOCAL 63 DC PENSION TRUST (2016) Form 5500
Creator: BOARD OF TRUSTEES-LOCAL 63 DEFINED CONTRIBUTION PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARCH. IRONWORKERS LOCAL 63 DC PENSION TRUST, BOARD OF TRUSTEES-LOCAL 63 DEFINED CONTRIBUTION PENSION FUND

BOARD OF TRUSTEES-LOCAL 63 DEFINED CONTRIBUTION PENSION FUNDEIN 36-3519910Plan #001PY 2016

1520 KENSINGTON - OAKBROOK, IL 605232139630-472-0627

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$165.4M

-10.4% from 2017

Total participants

2,982

-5.3% from 2017

Average account balance

$55,475

-5.4% from 2017

Annual return

-0.95%

-9.82 pp from 2017

Benchmarks

See 529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort529 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$338.17M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

2,159

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

$16.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$121

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 6 by compensation

Provider	Service type	Compensation
BENEFITS MANAGEMENT GROUP, INC.1+ years Filed as: BENEFITS MANAGEMENT GROUP INC. Service code 14 · EIN 20-0188125 1520 KENSINGTON ROAD, STE 200 · OAKBROOK, IL 60523	Plan Administrator	$51,519
DIMEO SCHNEIDER & ASSOCIATES LLC1+ years Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 17 · EIN 36-4001764 500 WEST MADISON ST., STE 3855 · CHICAGO, IL 606614593	Pension Consulting	$42,500
CALIBRE CPA GROUP PLLC1+ years Filed as: CALIBRE CPA GROUP, PLLC Service code 10 · EIN 47-0900880 7501 WISCONSIN AVE., STE 1200 WEST · BETHESDA, MD 20814	Accounting	$28,628
GREGORIO MARCO1+ years Filed as: GREGORIO & ASSOCIATES Service code 29 · EIN 36-4028033 2 NORTH LASALLE ST., STE 1650 · CHICAGO, IL 60602	Legal	$24,204
LEGACY PROFESSIONALS LLP1+ years Filed as: LEGACY PROFESSIONALS, LLP Service code 10 · EIN 32-0043599 311 SOUTH WACKER DRIVE, STE 4000 · CHICAGO, IL 60606	Accounting	$5,941
AMALGAMATED BANK1+ years Filed as: AMALGAMATED BANK OF CHICAGO Service code 19 · EIN 36-0721895 ONE WEST MONROE · CHICAGO, IL 606035301	Securities Custodian	$5,898

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$178K

$60 / participant

Investment mgmt$43K23.9%
Contract admin$52K28.9%
Other / not subdivided$84K47.2%

% of EOY assets

0.108%

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
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,475

$80,354-31.0%

$133,975-58.6%

$63,975-13.3%

Participation rate

100.0%

87.5%+12.5pp

87.1%+12.9pp

71.1%+28.9pp

Annual return

-0.95%

13.11%-14.1pp

29.29%-30.2pp

48.65%-49.6pp

Employer contribution / active EE

$4,573

$3,503+30.5%

$5,211-12.2%

$2,182+109.6%

Participant deferral / active EE

$5,239-100.0%

$6,282-100.0%

$3,356-100.0%

Admin fee / account holder

$60

$69-13.7%

$9,324-99.4%

$70-15.1%

Provider

Service type

Compensation

BENEFITS MANAGEMENT GROUP, INC.1+ years

Filed as: BENEFITS MANAGEMENT GROUP INC.

Service code 14 · EIN 20-0188125

1520 KENSINGTON ROAD, STE 200 · OAKBROOK, IL 60523

Plan Administrator

$51,519

DIMEO SCHNEIDER & ASSOCIATES LLC1+ years

Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC

Service code 17 · EIN 36-4001764

500 WEST MADISON ST., STE 3855 · CHICAGO, IL 606614593

Pension Consulting

$42,500

CALIBRE CPA GROUP PLLC1+ years

Filed as: CALIBRE CPA GROUP, PLLC

Service code 10 · EIN 47-0900880

7501 WISCONSIN AVE., STE 1200 WEST · BETHESDA, MD 20814

Accounting

$28,628

GREGORIO MARCO1+ years

Filed as: GREGORIO & ASSOCIATES

Service code 29 · EIN 36-4028033

2 NORTH LASALLE ST., STE 1650 · CHICAGO, IL 60602

Legal

$24,204

LEGACY PROFESSIONALS LLP1+ years

Filed as: LEGACY PROFESSIONALS, LLP

Service code 10 · EIN 32-0043599

311 SOUTH WACKER DRIVE, STE 4000 · CHICAGO, IL 60606

Accounting

$5,941

AMALGAMATED BANK1+ years

Filed as: AMALGAMATED BANK OF CHICAGO

Service code 19 · EIN 36-0721895

ONE WEST MONROE · CHICAGO, IL 606035301

Securities Custodian

$5,898

ARCH. IRONWORKERS LOCAL 63 DC PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARCH. IRONWORKERS LOCAL 63 DC PENSION TRUST

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