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 (2020) 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 2020

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)

$83.2M

+19.7% from 2019

Total participants

422

+1.0% from 2019

Average account balance

$197,231

+18.5% from 2019

Annual return

18.62%

-3.15 pp from 2019

Benchmarks

See 1,282 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,282 peers

Snapshot2020

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 BENEFITS6+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108	Recordkeeping	$64,433
PLUMBERS 553 HEALTH & WELFARE FUND4 years Service code 15 · EIN 37-0695761 2 SOUTH WESLEY DRIVE · EAST ALTON, IL 62024	Recordkeeping	$35,464
MORICE, LIST & ASSOCIATES, LLC4 years Service code 10 · EIN 82-1514691 8700 MANCHESTER ROAD · ST. LOUIS, MO 63144	Accounting	$10,954
RSM US LLP6+ years Service code 10 · EIN 42-0714325 8182 MARYLAND AVENUE · ST. LOUIS, MO 63105	Accounting	$10,855

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

$66K

$176 / participant

Other / not subdivided$66K100.0%

% of EOY assets

0.079%

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

$197,231

$91,517+115.5%

$101,275+94.7%

$73,412+168.7%

Participation rate

100.0%

73.8%+26.2pp

75.8%+24.2pp

72.2%+27.8pp

Annual return

18.62%

17.17%+1.5pp

46.48%-27.9pp

59.30%-40.7pp

Employer contribution / active EE

$2,905

$2,877+1.0%

$3,660-20.6%

$2,234+30.0%

Participant deferral / active EE

$3,820

$3,338+14.4%

$4,371-12.6%

$3,806+0.4%

Admin fee / account holder

$156

$216-27.9%

$5,948-97.4%

$158-1.4%

Provider

Service type

Compensation

EKON BENEFITS6+ years

Service code 15 · EIN 43-1317863

4940 WASHINGTON BLVD. · ST. LOUIS, MO 63108

Recordkeeping

$64,433

PLUMBERS 553 HEALTH & WELFARE FUND4 years

Service code 15 · EIN 37-0695761

2 SOUTH WESLEY DRIVE · EAST ALTON, IL 62024

Recordkeeping

$35,464

MORICE, LIST & ASSOCIATES, LLC4 years

Service code 10 · EIN 82-1514691

8700 MANCHESTER ROAD · ST. LOUIS, MO 63144

Accounting

$10,954

RSM US LLP6+ years

Service code 10 · EIN 42-0714325

8182 MARYLAND AVENUE · ST. LOUIS, MO 63105

Accounting

$10,855

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