Retirement plan

PLUMBERS LOCAL #63 ANNUITY PLAN

Name: BOARD OF TRUSTEES PLUMBERS LOCAL 63 ANNUITY PLAN - PLUMBERS LOCAL #63 ANNUITY PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES PLUMBERS LOCAL 63 ANNUITY PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS LOCAL #63 ANNUITY PLAN, BOARD OF TRUSTEES PLUMBERS LOCAL 63 ANNUITY PLAN

BOARD OF TRUSTEES PLUMBERS LOCAL 63 ANNUITY PLANEIN 37-1378834Plan #002PY 2017

PO BOX 50440, 9045 E 59TH STREET - INDIANAPOLIS, IN 462500440317-610-8311

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.6M

+18.8% from 2016

Total participants

238

+4.4% from 2016

Average account balance

No prior year

Annual return

14.89%

+20.67 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.33M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

203

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$996K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 3 by compensation

Provider	Service type	Compensation
ROMOLO & ASSOCIATES2+ years Service code 10 · EIN 37-1077733	Accounting	$9,000
HEALTHSCOPE BENEFITS2+ years Filed as: HEALTHSCOPE BENEFITS, INC. Service code 13 · EIN 71-0847266	Contract Administrator	$8,085
MINNESOTA LIFE INSURANCE COMPANY2+ years Service code 18 · EIN 41-0417830	Custodial (securities); Custodial (ot...	$6,588

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

$24K

$145 / participant

Contract admin$8K33.1%
Other / not subdivided$16K66.9%

% of EOY assets

0.194%

all-in expense ratio

Categories reported

1 / 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: ROMOLO & ASSOCIATES
Auditor EIN: 371077733
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,726-100.0%

$92,240-100.0%

$62,293-100.0%

Participation rate

0.0%

68.3%-68.3pp

76.5%-76.5pp

69.5%-69.5pp

Annual return

14.89%

43.62%-28.7pp

176.29%-161.4pp

28.90%-14.0pp

Employer contribution / active EE

$4,511

$2,392+88.6%

$3,680+22.6%

$2,042+120.9%

Participant deferral / active EE

$2,766-100.0%

$3,897-100.0%

$3,169-100.0%

Admin fee / account holder

$556-100.0%

$5,194-100.0%

$479-100.0%

Provider

Service type

Compensation

ROMOLO & ASSOCIATES2+ years

Service code 10 · EIN 37-1077733

Accounting

$9,000

HEALTHSCOPE BENEFITS2+ years

Filed as: HEALTHSCOPE BENEFITS, INC.

Service code 13 · EIN 71-0847266

Contract Administrator

$8,085

MINNESOTA LIFE INSURANCE COMPANY2+ years

Service code 18 · EIN 41-0417830

Custodial (securities); Custodial (ot...

$6,588

PLUMBERS LOCAL #63 ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS LOCAL #63 ANNUITY 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