Retirement plan

LIQUOR AND ALLIED WORKERS UNION LOCAL NO. 3, EMP

Name: TRUSTEES OF LIQUOR AND ALLIED WKRS UNION, LOCAL 3 EMP DEFERRED COMP - LIQUOR AND ALLIED WORKERS UNION LOCAL NO. 3, EMP (2020) Form 5500
Creator: TRUSTEES OF LIQUOR AND ALLIED WKRS UNION, LOCAL 3 EMP DEFERRED COMP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIQUOR AND ALLIED WORKERS UNION LOCAL NO. 3, EMP, TRUSTEES OF LIQUOR AND ALLIED WKRS UNION, LOCAL 3 EMP DEFERRED COMP

TRUSTEES OF LIQUOR AND ALLIED WKRS UNION, LOCAL 3 EMP DEFERRED COMPEIN 36-7270398Plan #001PY 2020

7716 W. MADISON STREET - RIVER FOREST, IL 603052102312-243-4300

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$242.8M

-11.0% from 2016

Total participants

2,543

+0.2% from 2016

Average account balance

$95,469

-11.2% from 2016

Annual return

14.54%

-4.36 pp from 2016

Benchmarks

See 289 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort289 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$331.74M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

2,869

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

$18.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$164

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
LOCAL 3 SALES PENSION6+ years Service code 99 · EIN 36-6527340	Other Fees	$89,664
VOYA RETIREMENT INSURANCE & ANNUITY6+ years Filed as: VOYA LIFE INSURANCE AND ANNUITY CO Service code 27 · EIN 71-0294708	Advisory (Plan)	$68,434
ELITE ADMINISTRATION6+ years Filed as: ELITE ADMINISTRATION & INSURANCE Service code 23 · EIN 36-2238689	Insurance services	$40,000
THOMAS BEAL3 years Filed as: THOMAS SLOTA Service code 30 · EIN 36-6527340	Employee (plan)	$34,930
CALIBRE CPA GROUP PLLC6+ years Service code 10 · EIN 47-0900880	Accounting	$20,500
BENEFIT SERVICES INC6+ years Service code 15 680 N LAKE SHORE DR · CHICAGO, IL 60612	Recordkeeping	$20,000

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$278K

$202 / participant

Other / not subdivided$278K100.0%

% of EOY assets

0.115%

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: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,469

$82,783+15.3%

$133,982-28.7%

$90,274+5.8%

Participation rate

100.0%

81.3%+18.7pp

79.8%+20.2pp

73.4%+26.6pp

Annual return

14.54%

21.89%-7.4pp

45.10%-30.6pp

53.97%-39.4pp

Employer contribution / active EE

$6,314

$2,388+164.4%

$3,919+61.1%

$2,523+150.2%

Participant deferral / active EE

$5,232

$4,291+21.9%

$5,047+3.7%

$4,231+23.7%

Admin fee / account holder

$109

$93+17.8%

$8,930-98.8%

$114-4.1%

Provider

Service type

Compensation

LOCAL 3 SALES PENSION6+ years

Service code 99 · EIN 36-6527340

Other Fees

$89,664

VOYA RETIREMENT INSURANCE & ANNUITY6+ years

Filed as: VOYA LIFE INSURANCE AND ANNUITY CO

Service code 27 · EIN 71-0294708

Advisory (Plan)

$68,434

ELITE ADMINISTRATION6+ years

Filed as: ELITE ADMINISTRATION & INSURANCE

Service code 23 · EIN 36-2238689

Insurance services

$40,000

THOMAS BEAL3 years

Filed as: THOMAS SLOTA

Service code 30 · EIN 36-6527340

Employee (plan)

$34,930

CALIBRE CPA GROUP PLLC6+ years

Service code 10 · EIN 47-0900880

Accounting

$20,500

BENEFIT SERVICES INC6+ years

Service code 15

680 N LAKE SHORE DR · CHICAGO, IL 60612

Recordkeeping

$20,000

LIQUOR AND ALLIED WORKERS UNION LOCAL NO. 3, EMP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIQUOR AND ALLIED WORKERS UNION LOCAL NO. 3, EMP

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