Retirement plan

UNITED SCENIC ARTIST LOCAL 829 RETIREMENT 401K PLAN

Name: UNITED SCENIC ARTIST LOCAL 829 - UNITED SCENIC ARTIST LOCAL 829 RETIREMENT 401K PLAN (2017) Form 5500
Creator: UNITED SCENIC ARTIST LOCAL 829
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED SCENIC ARTIST LOCAL 829 RETIREMENT 401K PLAN, UNITED SCENIC ARTIST LOCAL 829

UNITED SCENIC ARTIST LOCAL 829EIN 36-3945238Plan #001PY 2017

C/O ZENITH AMERICAN SOLUTIONS, INC., 303 MERRICK ROAD - LYNBROOK, NY 11563877-999-3555

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$109.4M

+21.0% from 2016

Total participants

1,737

+8.7% from 2016

Average account balance

$66,250

+11.5% from 2016

Annual return

14.93%

+5.15 pp from 2016

Benchmarks

See 217 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$217.51M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

2,297

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.

89.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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 9 by compensation

Provider	Service type	Compensation
BENSERCO2 years Service code 12 · EIN 13-2732561	Claims processing	$74,257
SIKICH LLP3+ years Filed as: SIKICH, LLP Service code 10 · EIN 36-3168081	Accounting	$45,979
SPIVAK LIPTON LLP3+ years Filed as: SPIVAK LIPTON Service code 21 · EIN 13-3494495	Bank Trustee	$43,079
MARQUETTE ASSOCIATES3+ years Filed as: MARQUETTE ASSOC Service code 21 · EIN 36-3555078	Bank Trustee	$25,000
ZENITH AMERICAN SOLUTIONS1 year Filed as: ZENITH AMERICAN SOLUTIONS INC. Service code 12 · EIN 52-1590516	Claims processing	$17,616
THE VANGUARD GROUP, INC.3+ years Filed as: VANGUARD Service code 15 · EIN 23-1945930	Recordkeeping	$16,238
MILLER KAPLAN ARASE LLP2 years Filed as: MILLER, KAPLAN & ARASE Service code 10 · EIN 95-2036255	Accounting	$12,394
SCHULTHEIS & PANETTIERI, LLP1 year Filed as: SCHULTHEIS & PANETTIERI Service code 10 · EIN 13-1577780	Accounting	$5,035
KOBGO ASSOCIATES2 years Filed as: KOBGO Service code 10 · EIN 13-2751089	Accounting	$3,240

Plan features & details

Pension benefit codes2G2J2E2K2F

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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$271K

$162 / participant

Other / not subdivided$271K100.0%

% of EOY assets

0.248%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,250

$41,256+60.6%

$86,582-23.5%

$77,958-15.0%

Participation rate

94.9%

63.0%+31.9pp

73.5%+21.4pp

71.6%+23.3pp

Annual return

14.93%

17.67%-2.7pp

965.08%-950.2pp

20.87%-5.9pp

Employer contribution / active EE

$201

$1,613-87.6%

$2,839-92.9%

$2,310-91.3%

Participant deferral / active EE

$4,833

$2,332+107.2%

$3,609+33.9%

$3,537+36.7%

Admin fee / account holder

$164

$71+131.7%

$4,904-96.7%

$97+68.4%

Provider

Service type

Compensation

BENSERCO2 years

Service code 12 · EIN 13-2732561

Claims processing

$74,257

SIKICH LLP3+ years

Filed as: SIKICH, LLP

Service code 10 · EIN 36-3168081

Accounting

$45,979

SPIVAK LIPTON LLP3+ years

Filed as: SPIVAK LIPTON

Service code 21 · EIN 13-3494495

Bank Trustee

$43,079

MARQUETTE ASSOCIATES3+ years

Filed as: MARQUETTE ASSOC

Service code 21 · EIN 36-3555078

Bank Trustee

$25,000

ZENITH AMERICAN SOLUTIONS1 year

Filed as: ZENITH AMERICAN SOLUTIONS INC.

Service code 12 · EIN 52-1590516

Claims processing

$17,616

THE VANGUARD GROUP, INC.3+ years

Filed as: VANGUARD

Service code 15 · EIN 23-1945930

Recordkeeping

$16,238

MILLER KAPLAN ARASE LLP2 years

Filed as: MILLER, KAPLAN & ARASE

Service code 10 · EIN 95-2036255

Accounting

$12,394

SCHULTHEIS & PANETTIERI, LLP1 year

Filed as: SCHULTHEIS & PANETTIERI

Service code 10 · EIN 13-1577780

Accounting

$5,035

KOBGO ASSOCIATES2 years

Filed as: KOBGO

Service code 10 · EIN 13-2751089

Accounting

$3,240

UNITED SCENIC ARTIST LOCAL 829 RETIREMENT 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED SCENIC ARTIST LOCAL 829 RETIREMENT 401K 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