Retirement plan

DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION PLAN

Name: BD OF TRUSTEES OF THE DECORATORS L17U C/O UNITED STEEL WORKERS OF AMER - DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION PLAN (2017) Form 5500
Creator: BD OF TRUSTEES OF THE DECORATORS L17U C/O UNITED STEEL WORKERS OF AMER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION PLAN, BD OF TRUSTEES OF THE DECORATORS L17U C/O UNITED STEEL WORKERS OF AMER

BD OF TRUSTEES OF THE DECORATORS L17U C/O UNITED STEEL WORKERS OF AMEREIN 36-4176029Plan #001PY 2017

361 S. FRONTAGE ROAD SUITE 118 - BURR RIDGE, IL 60527773-523-0071

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$13.5M

+11.0% from 2016

Total participants

304

+9.4% from 2016

Average account balance

$44,572

No prior year

Annual return

10.55%

+10.74 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.40M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

344

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

$3.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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
NATIONWIDE2+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Securities Custodian	$33,968
PENSION ASSURANCE LLP2+ years Filed as: THE PENSION SPECIALISTS Service code 15 · EIN 36-3592542	Recordkeeping	$18,796
HARBOUR INVESTMENTS INC2+ years Service code 27 575 D ONOFRIO DRIVE STE 300 · MADISON, WI 53719	Advisory (Plan)	$18,000
THOMAS PARAVOLA2+ years Filed as: THOMAS J PARAVOLA Service code 29 · EIN 36-2909242	Legal	$15,000
LEGACY PROFESSIONALS LLP2+ years Service code 10 · EIN 32-0043599	Accounting	$14,278
FRANK SMALARZ1 year Service code 20 · EIN 36-4176029	Employee (plan); Trustee (individual)	$5,433

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

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

Expense breakdown

Schedule H Part II

Admin total

$79K

$259 / participant

Investment mgmt$21K27.2%
Contract admin$12K15.7%
Other / not subdivided$45K57.1%

% of EOY assets

0.580%

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: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,572

$60,545-26.4%

$92,236-51.7%

$69,631-36.0%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

10.55%

19.71%-9.2pp

176.29%-165.7pp

27571.02%-27560.5pp

Employer contribution / active EE

$2,243

$2,633-14.8%

$3,679-39.0%

$2,032+10.4%

Participant deferral / active EE

$1,523

$2,828-46.1%

$3,897-60.9%

$3,224-52.8%

Admin fee / account holder

$259

$145+78.6%

$5,194-95.0%

$110+134.2%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 19

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Securities Custodian

$33,968

PENSION ASSURANCE LLP2+ years

Filed as: THE PENSION SPECIALISTS

Service code 15 · EIN 36-3592542

Recordkeeping

$18,796

HARBOUR INVESTMENTS INC2+ years

Service code 27

575 D ONOFRIO DRIVE STE 300 · MADISON, WI 53719

Advisory (Plan)

$18,000

THOMAS PARAVOLA2+ years

Filed as: THOMAS J PARAVOLA

Service code 29 · EIN 36-2909242

Legal

$15,000

LEGACY PROFESSIONALS LLP2+ years

Service code 10 · EIN 32-0043599

Accounting

$14,278

FRANK SMALARZ1 year

Service code 20 · EIN 36-4176029

Employee (plan); Trustee (individual)

$5,433

DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION 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