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 (2019) 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 2019

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

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.3M

-0.6% from 2018

Total participants

175

-4.4% from 2018

Average account balance

$64,503

+3.9% from 2018

Annual return

2.84%

-10.22 pp from 2018

Benchmarks

See 2,202 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,202 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.15M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

162

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

$551K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$281

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 2 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION NO. 6904+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN Service code 14 · EIN 47-1064332	Plan Administrator	$12,320
SCHEFFEL BOYLE4+ years Service code 10 · EIN 37-1206530	Accounting	$7,400

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$31K

$291 / participant

Investment mgmt$2K4.8%
Contract admin$13K42.1%
Other / not subdivided$17K53.1%

% of EOY assets

0.276%

all-in expense ratio

Categories reported

2 / 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: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,503

$98,982-34.8%

$162,171-60.2%

$65,185-1.0%

Participation rate

100.0%

85.8%+14.2pp

87.6%+12.4pp

70.2%+29.8pp

Annual return

2.84%

24.84%-22.0pp

115.60%-112.8pp

29.38%-26.5pp

Employer contribution / active EE

$3,467-100.0%

$5,613-100.0%

$2,177-100.0%

Participant deferral / active EE

$4,146

$5,384-23.0%

$7,297-43.2%

$3,514+18.0%

Admin fee / account holder

$178

$596-70.1%

$10,843-98.4%

$847-79.0%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6904+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN

Service code 14 · EIN 47-1064332

Plan Administrator

$12,320

SCHEFFEL BOYLE4+ years

Service code 10 · EIN 37-1206530

Accounting

$7,400

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