Retirement plan

STEAMFITTERS LOCAL 439 SUPPLEMENTAL RETIREMENT TRUST

Name: STEAMFITTERS LOCAL 439 - STEAMFITTERS LOCAL 439 SUPPLEMENTAL RETIREMENT TRUST (2022) Form 5500
Creator: STEAMFITTERS LOCAL 439
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEAMFITTERS LOCAL 439 SUPPLEMENTAL RETIREMENT TRUST, STEAMFITTERS LOCAL 439

STEAMFITTERS LOCAL 439EIN 37-1186815Plan #002PY 2022

1220 DONALD BAILEY DR - CASEYVILLE, IL 622322086618-624-6096LinkedIn1-10 employeesoil & energy

Other plans on this EIN

1 filing

#001Retirement-$41.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$31.5M

-15.3% from 2021

Total participants

186

+6.9% from 2021

Average account balance

$169,610

-20.8% from 2021

Annual return

-17.38%

-32.04 pp from 2021

Benchmarks

See 3,001 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.84M

Not enough data

1 years with asset history on file

Average account balance

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

$221K

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.

189

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

$1.58M

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

+15.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$452

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 4 by compensation

Provider	Service type	Compensation
EKON ADVISORS7 years Service code 27 · EIN 47-4491266 4940 WASHINGTON BLVD · ST. LOUIS, MO 63108	Advisory (Plan)	$45,971
EKON BENEFITS8+ years Service code 15 4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108	Recordkeeping	$30,163
ANDERS MINKLER HUBER & HELM LLP5 years Service code 10 · EIN 43-0831507 800 MARKET STREET · ST. LOUIS, MO 63101	Accounting	$13,450
HAMMOND AND SHINNERS, P.C.8+ years Service code 29 · EIN 43-1429257 7730 CARONDELET AVE. · ST. LOUIS, MO 63105	Legal	$3,094

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$68K

$501 / participant

Investment mgmt$46K67.9%
Other / not subdivided$22K32.1%

% of EOY assets

0.215%

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: ANDERS MINKLER HUBER & HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$169,610

$64,138+164.4%

$112,258+51.1%

$66,930+153.4%

Participation rate

100.0%

68.5%+31.5pp

75.1%+24.9pp

69.8%+30.2pp

Annual return

-17.38%

-13.81%-3.6pp

27.47%-44.9pp

1.57%-19.0pp

Employer contribution / active EE

$9,593

$3,006+219.1%

$3,636+163.9%

$2,545+276.9%

Participant deferral / active EE

$2,741

$3,694-25.8%

$4,728-42.0%

$4,238-35.3%

Admin fee / account holder

$364

$625-41.8%

$6,411-94.3%

$593-38.7%

Provider

Service type

Compensation

EKON ADVISORS7 years

Service code 27 · EIN 47-4491266

4940 WASHINGTON BLVD · ST. LOUIS, MO 63108

Advisory (Plan)

$45,971

EKON BENEFITS8+ years

Service code 15

4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108

Recordkeeping

$30,163

ANDERS MINKLER HUBER & HELM LLP5 years

Service code 10 · EIN 43-0831507

800 MARKET STREET · ST. LOUIS, MO 63101

Accounting

$13,450

HAMMOND AND SHINNERS, P.C.8+ years

Service code 29 · EIN 43-1429257

7730 CARONDELET AVE. · ST. LOUIS, MO 63105

Legal

$3,094

STEAMFITTERS LOCAL 439 SUPPLEMENTAL RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEAMFITTERS LOCAL 439 SUPPLEMENTAL RETIREMENT TRUST

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