Retirement plan

LOCAL 705 INT'L BROTHERHOOD OF TEAMSTERS PENSION TR. FD.

Name: BD OF TRUSTEES LOCAL 705 I.B. OF T. PENSION TRUST FUND - LOCAL 705 INT'L BROTHERHOOD OF TEAMSTERS PENSION TR. FD. (2023) Form 5500
Creator: BD OF TRUSTEES LOCAL 705 I.B. OF T. PENSION TRUST FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL 705 INT'L BROTHERHOOD OF TEAMSTERS PENSION TR. FD., BD OF TRUSTEES LOCAL 705 I.B. OF T. PENSION TRUST FUND

BD OF TRUSTEES LOCAL 705 I.B. OF T. PENSION TRUST FUNDEIN 36-6492502Plan #001PY 2023

1645 W. JACKSON BLVD., 7TH FLOOR - CHICAGO, IL 60612312-738-2811LinkedIn1-10 employeespackage/freight delivery

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$1738.2M

-0.5% from 2016

Total participants

15,902

+0.5% from 2016

Average account balance

No prior year

Annual return

10.00%

-3.60 pp from 2016

Benchmarks

See 177 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort177 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90B

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

10,504

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+8.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 41 by compensation

Provider	Service type	Compensation
JP MORGAN INVESTMENT MANAGEMENT INC7 years Filed as: J.P. MORGAN INVESTMENT MANAGEMENT Service code 27 270 PARK AVE · NEW YORK, NY 10017	Advisory (Plan)	$2,079,994
INDEPENDENT FINANCIAL PARTNERS5 years Filed as: SIERRA INVESTMENT PARTNERS, INC. Service code 28 · EIN 68-0370668	Investment Management	$1,737,127
WEDGE CAPITAL MANAGEMENT6 years Service code 28 · EIN 56-1557450	Investment Management	$598,428
DWS FUNDS6 years Filed as: RREEF MANAGEMENT LLC Service code 28 · EIN 58-2364506	Investment Management	$470,870
BMO HARRIS BANK NA9+ years Service code 19 · EIN 36-2085229	Securities Custodian	$368,926
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: ALLIANT INSURANCE SERVICE Service code 22	Insurance Broker	$246,498
BOSTON TRUST WALDEN COMPANY9+ years Filed as: BOSTON TRUST & INVESTMENT MGMT CO. Service code 28 · EIN 04-2273811	Investment Management	$232,036
PARAMETRIC PORTFOLIO ASSOCIATES LLC1 year Filed as: PARAMETRIC DEFENSE EQUITY FUND LLC Service code 28 · EIN 20-0292745	Investment Management	$213,011
LOOMIS SAYLES4 years Filed as: LOOMIS SAYLES CORE PLUS Service code 28 ONE FINANCIAL CENTER · BOSTON, MA 02111	Investment Management	$209,321
J. WITT9+ years Service code 14 · EIN 36-6492502	Plan Administrator	$179,052

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$9.7M

$1806 / participant

Investment mgmt$6M66.5%
Actuarial$411K4.3%
Other / not subdivided$3M29.3%

% of EOY assets

0.555%

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: GRAFF, BLANSKI & KIM, P.C.
Auditor EIN: 363331802
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,193,366-100.0%

Participation rate

0.0%

0.0%0pp

16.7%-16.7pp

0.0%0pp

Annual return

10.00%

33.11%-23.1pp

78.62%-68.6pp

33.11%-23.1pp

Employer contribution / active EE

$32,141

$9,000+257.1%

$31,646+1.6%

$9,000+257.1%

Participant deferral / active EE

$680-100.0%

$101-100.0%

$680-100.0%

Admin fee / account holder

$75,389-100.0%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC7 years

Filed as: J.P. MORGAN INVESTMENT MANAGEMENT

Service code 27

270 PARK AVE · NEW YORK, NY 10017

Advisory (Plan)

$2,079,994

INDEPENDENT FINANCIAL PARTNERS5 years

Filed as: SIERRA INVESTMENT PARTNERS, INC.

Service code 28 · EIN 68-0370668

Investment Management

$1,737,127

WEDGE CAPITAL MANAGEMENT6 years

Service code 28 · EIN 56-1557450

Investment Management

$598,428

DWS FUNDS6 years

Filed as: RREEF MANAGEMENT LLC

Service code 28 · EIN 58-2364506

Investment Management

$470,870

BMO HARRIS BANK NA9+ years

Service code 19 · EIN 36-2085229

Securities Custodian

$368,926

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: ALLIANT INSURANCE SERVICE

Service code 22

Insurance Broker

$246,498

BOSTON TRUST WALDEN COMPANY9+ years

Filed as: BOSTON TRUST & INVESTMENT MGMT CO.

Service code 28 · EIN 04-2273811

Investment Management

$232,036

PARAMETRIC PORTFOLIO ASSOCIATES LLC1 year

Filed as: PARAMETRIC DEFENSE EQUITY FUND LLC

Service code 28 · EIN 20-0292745

Investment Management

$213,011

LOOMIS SAYLES4 years

Filed as: LOOMIS SAYLES CORE PLUS

Service code 28

ONE FINANCIAL CENTER · BOSTON, MA 02111

Investment Management

$209,321

J. WITT9+ years

Service code 14 · EIN 36-6492502

Plan Administrator

$179,052

LOCAL 705 INT'L BROTHERHOOD OF TEAMSTERS PENSION TR. FD.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL 705 INT'L BROTHERHOOD OF TEAMSTERS PENSION TR. FD.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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