Retirement plan

BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLAN

Name: BOARD OF TRUSTEES OF BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLA - BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES OF BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLAN, BOARD OF TRUSTEES OF BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLA

BOARD OF TRUSTEES OF BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLAEIN 37-1043440Plan #001PY 2017

PO BOX 10 - EAST ALTON, IL 620240010618-251-8048

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$67.5M

+7.3% from 2016

Total participants

1,155

-5.1% from 2016

Average account balance

$58,420

+13.0% from 2016

Annual return

8.02%

+5.06 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

$104.05M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

1,021

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

$5.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+8.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$249

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

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
EMPLOYEE FIDUCIARY, LLC1 year Filed as: EMPLOYEE 1 Service code 30 · EIN 37-1043440	Direct payment from the plan; Employe...	$65,351
FEDERATED2+ years Filed as: FEDERATED CLOVER Service code 28 · EIN 51-0366757	Investment Management	$53,404
MARQUETTE ASSOCIATES2+ years Filed as: MARQUETTE & ASSOCIATES Service code 27 · EIN 36-3485298	Advisory (Plan)	$32,000
HAMMOND AND SHINNERS, P.C.2+ years Filed as: HAMMOND AND SHINNERS, PC Service code 29 · EIN 43-1429257	Legal	$29,101
RIDGEWORTH1 year Filed as: GENEVA CAPITAL MANAGEMENT Service code 28 · EIN 06-1217855	Investment Management	$27,399
ROMOLO & ASSOCIATES2+ years Service code 10 · EIN 37-1077733	Accounting	$25,876
PARAMETRIC PORTFOLIO ASSOCIATES LLC2+ years Filed as: PARAMETRIC PORTFOLIO ASSOC, LLC Service code 28 3600 MINNESOTA DRIVE, SUITE 325 · MINNEAPOLIS, MN 55435	Investment Management	$22,462
FIRST MIDWEST BANK2+ years Filed as: FIRST MIDWEST Service code 19 · EIN 36-1495255	Securities Custodian	$15,649
SYSTEM DESIGN ASSOCIATES2+ years Service code 16 900 S HIGHWAY DRIVE, SUITE 102 · FENTOM, MO 63026	Consulting	$7,610
COMERICA BANK2+ years Filed as: COMERICA Service code 19 · EIN 42-1741646	Securities Custodian	$0

Plan features & details

Pension benefit codes2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$350K

$695 / participant

Investment mgmt$151K43.1%
Other / not subdivided$199K56.9%

% of EOY assets

0.519%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROMOLO & ASSOCIATES
Auditor EIN: 371077733
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,420

$60,545-3.5%

$92,240-36.7%

$69,631-16.1%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

8.02%

19.71%-11.7pp

176.29%-168.3pp

27571.02%-27563.0pp

Employer contribution / active EE

$7,972

$2,633+202.7%

$3,680+116.6%

$2,032+292.3%

Participant deferral / active EE

$2,828-100.0%

$3,897-100.0%

$3,224-100.0%

Admin fee / account holder

$303

$145+109.6%

$5,194-94.2%

$110+174.7%

Provider

Service type

Compensation

EMPLOYEE FIDUCIARY, LLC1 year

Filed as: EMPLOYEE 1

Service code 30 · EIN 37-1043440

Direct payment from the plan; Employe...

$65,351

FEDERATED2+ years

Filed as: FEDERATED CLOVER

Service code 28 · EIN 51-0366757

Investment Management

$53,404

MARQUETTE ASSOCIATES2+ years

Filed as: MARQUETTE & ASSOCIATES

Service code 27 · EIN 36-3485298

Advisory (Plan)

$32,000

HAMMOND AND SHINNERS, P.C.2+ years

Filed as: HAMMOND AND SHINNERS, PC

Service code 29 · EIN 43-1429257

Legal

$29,101

RIDGEWORTH1 year

Filed as: GENEVA CAPITAL MANAGEMENT

Service code 28 · EIN 06-1217855

Investment Management

$27,399

ROMOLO & ASSOCIATES2+ years

Service code 10 · EIN 37-1077733

Accounting

$25,876

PARAMETRIC PORTFOLIO ASSOCIATES LLC2+ years

Filed as: PARAMETRIC PORTFOLIO ASSOC, LLC

Service code 28

3600 MINNESOTA DRIVE, SUITE 325 · MINNEAPOLIS, MN 55435

Investment Management

$22,462

FIRST MIDWEST BANK2+ years

Filed as: FIRST MIDWEST

Service code 19 · EIN 36-1495255

Securities Custodian

$15,649

SYSTEM DESIGN ASSOCIATES2+ years

Service code 16

900 S HIGHWAY DRIVE, SUITE 102 · FENTOM, MO 63026

Consulting

$7,610

COMERICA BANK2+ years

Filed as: COMERICA

Service code 19 · EIN 42-1741646

Securities Custodian

BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRICKLAYERS LOCAL NO. 8 AND EMPLOYERS 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