Retirement plan

LOCAL 743 SEVERANCE AND RETIREMENT PLAN

Name: TRUSTEES OF LOCAL 743 IB OF T - LOCAL 743 SEVERANCE AND RETIREMENT PLAN (2015) Form 5500
Creator: TRUSTEES OF LOCAL 743 IB OF T
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL 743 SEVERANCE AND RETIREMENT PLAN, TRUSTEES OF LOCAL 743 IB OF T

TRUSTEES OF LOCAL 743 IB OF Tdba SEVERANCE AND RETIREMENT PLANEIN 36-6523353Plan #001PY 2015

2015 S ARLINGTON HTS RD, STE 114 - ARLINGTON HEIGHTS, IL 600054150773-254-7460

Prospect flagsLow assets / participantWind-down / frozen

How to read this page

Total assets (EOY)

$10.7M

No prior year

Total participants

7,578

No prior year

Average account balance

$1,405

No prior year

Annual return

-1.03%

No prior year

Benchmarks

See 232 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort232 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.60M

Not enough data

1 years with asset history on file

Average account balance

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

$5K

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.

3,071

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

$912K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$297

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

+10.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 5 by compensation

Provider	Service type	Compensation
SECURITY PROGRAMS INC1+ years Filed as: SECURITY PROGRAMS, INC Service code 14 · EIN 36-2780904 2015 S ARLINGTON HEIGHTS RD STE 114 · ARLINGTON HEIGHTS, IL 60005	Plan Administrator	$99,375
THE SEGAL COMPANY1+ years Filed as: SEGAL, BRYANT & HAMILL Service code 51 · EIN 41-1788385 10 SOUTH WACKER DRIVE STE 3500 · CHICAGO, IL 60606	Investment Mgmt Fees	$60,227
LANER MUCHIN1+ years Filed as: LANER, MUCHIN, DOMBROW, BECKER, LEV Service code 29 · EIN 36-3088463 515 N STATE STREET STE 2800 · CHICAGO, IL 60654	Legal	$28,680
GRAFF, BALLAUER & BLANSKI, P.C.1+ years Service code 10 · EIN 36-3331802 TWO NORTHFIELD PLAZA STE 200 · NORTHFIELD, IL 60093	Accounting	$27,719
ELITE ADMINISTRATION1+ years Filed as: ELITE ADMINISTRATION & INSURANCE GR Service code 22 · EIN 36-2238689 1211 W 22ND STREET STE 820 · OAK BROOK, IL 60523	Insurance Broker	$14,758

Plan features & details

Pension benefit codes2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$253K

$182 / participant

Investment mgmt$60K23.8%
Contract admin$99K39.3%
Other / not subdivided$94K37.0%

% of EOY assets

2.377%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,405

$54,281-97.4%

$60,547-97.7%

$59,188-97.6%

Participation rate

100.0%

66.8%+33.2pp

68.0%+32.0pp

69.4%+30.6pp

Annual return

-1.03%

1.74%-2.8pp

335.64%-336.7pp

5.51%-6.5pp

Employer contribution / active EE

$643

$2,031-68.4%

$2,419-73.4%

$2,098-69.4%

Participant deferral / active EE

$2,789-100.0%

$3,328-100.0%

$3,265-100.0%

Admin fee / account holder

$33

$64-48.2%

$4,536-99.3%

$92-63.8%

Provider

Service type

Compensation

SECURITY PROGRAMS INC1+ years

Filed as: SECURITY PROGRAMS, INC

Service code 14 · EIN 36-2780904

2015 S ARLINGTON HEIGHTS RD STE 114 · ARLINGTON HEIGHTS, IL 60005

Plan Administrator

$99,375

THE SEGAL COMPANY1+ years

Filed as: SEGAL, BRYANT & HAMILL

Service code 51 · EIN 41-1788385

10 SOUTH WACKER DRIVE STE 3500 · CHICAGO, IL 60606

Investment Mgmt Fees

$60,227

LANER MUCHIN1+ years

Filed as: LANER, MUCHIN, DOMBROW, BECKER, LEV

Service code 29 · EIN 36-3088463

515 N STATE STREET STE 2800 · CHICAGO, IL 60654

Legal

$28,680

GRAFF, BALLAUER & BLANSKI, P.C.1+ years

Service code 10 · EIN 36-3331802

TWO NORTHFIELD PLAZA STE 200 · NORTHFIELD, IL 60093

Accounting

$27,719

ELITE ADMINISTRATION1+ years

Filed as: ELITE ADMINISTRATION & INSURANCE GR

Service code 22 · EIN 36-2238689

1211 W 22ND STREET STE 820 · OAK BROOK, IL 60523

Insurance Broker

$14,758

LOCAL 743 SEVERANCE AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL 743 SEVERANCE AND RETIREMENT 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