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 (2020) 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 2020

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

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.3M

+9.2% from 2019

Total participants

174

-0.6% from 2019

Average account balance

$70,872

+9.9% from 2019

Annual return

10.58%

+7.74 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

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 2 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION NO. 6905+ years Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN Service code 14 · EIN 47-1064332	Plan Administrator	$11,919
SCHEFFEL BOYLE5+ years Service code 10 · EIN 37-1206530	Accounting	$8,000

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

$33K

$313 / participant

Investment mgmt$2K4.6%
Contract admin$14K41.6%
Other / not subdivided$18K53.8%

% of EOY assets

0.266%

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

$70,872

$136,307-48.0%

$177,840-60.1%

$73,493-3.6%

Participation rate

100.0%

86.1%+13.9pp

87.7%+12.3pp

70.7%+29.3pp

Annual return

10.58%

18.68%-8.1pp

48.32%-37.7pp

28.51%-17.9pp

Employer contribution / active EE

$3,712-100.0%

$5,919-100.0%

$2,270-100.0%

Participant deferral / active EE

$3,691

$5,829-36.7%

$7,714-52.1%

$3,740-1.3%

Admin fee / account holder

$189

$596-68.3%

$12,431-98.5%

$513-63.2%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION NO. 6905+ years

Filed as: PLUMBERS & PIPEFITTERS LOCAL 25 BEN

Service code 14 · EIN 47-1064332

Plan Administrator

$11,919

SCHEFFEL BOYLE5+ years

Service code 10 · EIN 37-1206530

Accounting

$8,000

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