Retirement plan

PLUMBERS AND PIPEFITTERS LOCAL 553 SUPPLEMENTAL 401K RETIREMENT PLAN

Name: PLUMBERS AND PIPEFITTERS LOCAL 553 - PLUMBERS AND PIPEFITTERS LOCAL 553 SUPPLEMENTAL 401K RETIREMENT PLAN (2018) Form 5500
Creator: PLUMBERS AND PIPEFITTERS LOCAL 553
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS AND PIPEFITTERS LOCAL 553 SUPPLEMENTAL 401K RETIREMENT PLAN, PLUMBERS AND PIPEFITTERS LOCAL 553

PLUMBERS AND PIPEFITTERS LOCAL 553EIN 37-1413229Plan #002PY 2018

2 S WESLEY DR - EAST ALTON, IL 620242097618-259-4379LinkedIn201-500 employeesindividual & family services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$56.8M

-8.1% from 2017

Total participants

415

-0.7% from 2017

Average account balance

$136,850

-7.7% from 2017

Annual return

-4.47%

-19.82 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$102.29M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

468

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

$3.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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 BENEFITS4+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108	Recordkeeping	$48,746
RSM US LLP4+ years Service code 10 · EIN 42-0714325 8182 MARYLAND AVENUE · ST. LOUIS, MO 63105	Accounting	$23,455
PLUMBERS 553 HEALTH & WELFARE FUND2 years Service code 15 · EIN 37-0695761 2 SOUTH WESLEY DRIVE · EAST ALTON, IL 62024	Recordkeeping	$20,046
MORICE, LIST & ASSOCIATES, LLC2 years Service code 10 · EIN 82-1514691 8700 MANCHESTER ROAD · ST. LOUIS, MO 63144	Accounting	$19,080

Plan features & details

Pension benefit codes2C2E2G2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

$50K

$134 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,850

$56,443+142.5%

$83,831+63.2%

$55,725+145.6%

Participation rate

100.0%

72.0%+28.0pp

76.1%+23.9pp

70.9%+29.1pp

Annual return

-4.47%

393.67%-398.1pp

850.99%-855.5pp

244.93%-249.4pp

Employer contribution / active EE

$2,567

$2,682-4.3%

$3,631-29.3%

$2,078+23.5%

Participant deferral / active EE

$3,629

$2,965+22.4%

$4,082-11.1%

$3,356+8.1%

Admin fee / account holder

$121

$156-22.6%

$5,479-97.8%

$115+5.0%

Provider

Service type

Compensation

EKON BENEFITS4+ years

Service code 15 · EIN 43-1317863

4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108

Recordkeeping

$48,746

RSM US LLP4+ years

Service code 10 · EIN 42-0714325

8182 MARYLAND AVENUE · ST. LOUIS, MO 63105

Accounting

$23,455

PLUMBERS 553 HEALTH & WELFARE FUND2 years

Service code 15 · EIN 37-0695761

2 SOUTH WESLEY DRIVE · EAST ALTON, IL 62024

Recordkeeping

$20,046

MORICE, LIST & ASSOCIATES, LLC2 years

Service code 10 · EIN 82-1514691

8700 MANCHESTER ROAD · ST. LOUIS, MO 63144

Accounting

$19,080

PLUMBERS AND PIPEFITTERS LOCAL 553 SUPPLEMENTAL 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS AND PIPEFITTERS LOCAL 553 SUPPLEMENTAL 401K RETIREMENT 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