Retirement plan

PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN

Name: PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN - PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN (2024) Form 5500
Creator: PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN, PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN

PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLANEIN 37-1398133Plan #001PY 2024

8 PREMIER DR - BELLEVILLE, IL 622203421618-234-5504

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$17.2M

+18.8% from 2023

Total participants

161

-3.6% from 2023

Average account balance

$106,714

+23.2% from 2023

Annual return

28.68%

+12.71 pp from 2023

Benchmarks

See 18,536 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,536 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.18M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

161

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

$480K

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

+28.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$277

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
PLUMBERS LOCAL UNION NO. 6909+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN Service code 14 · EIN 47-1064332	Plan Administrator	$16,026
SCHEFFEL BOYLE9+ years Service code 10 · EIN 37-1206530	Accounting	$10,500
HAMMOND AND SHINNERS, P.C.9+ years Filed as: HAMMOND & SHINNERS P.C. Service code 29 · EIN 43-1429257	Legal	$7,121

Plan features & details

Pension benefit codes2G2J

Plan features

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$45K

$558 / participant

Investment mgmt$2K3.4%
Legal$7K16.0%
Contract admin$16K35.9%
Other / not subdivided$20K44.8%

% of EOY assets

0.260%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHEFFEL BOYLE
Auditor EIN: 371206530
Audit fees: $10,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,714

$81,476+31.0%

$102,383+4.2%

$80,925+31.9%

Participation rate

100.0%

66.8%+33.2pp

74.5%+25.5pp

67.7%+32.3pp

Annual return

28.68%

25.59%+3.1pp

24.94%+3.7pp

35.65%-7.0pp

Employer contribution / active EE

$3,105-100.0%

$3,870-100.0%

$2,756-100.0%

Participant deferral / active EE

$6,002

$3,871+55.0%

$5,060+18.6%

$4,299+39.6%

Admin fee / account holder

$277

$6,717-95.9%

$8,391-96.7%

$6,940-96.0%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6909+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN

Service code 14 · EIN 47-1064332

Plan Administrator

$16,026

SCHEFFEL BOYLE9+ years

Service code 10 · EIN 37-1206530

Accounting

$10,500

HAMMOND AND SHINNERS, P.C.9+ years

Filed as: HAMMOND & SHINNERS P.C.

Service code 29 · EIN 43-1429257

Legal

$7,121

PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS AND FITTERS LOCAL 101 SUPPLEMENTAL 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