Retirement plan

CENTRAL LABORERS ANNUITY PLAN

Name: BOARD OF TRUSTEES OF CENTRAL LABORERS ANNUITY PLAN - CENTRAL LABORERS ANNUITY PLAN (2018) Form 5500
Creator: BOARD OF TRUSTEES OF CENTRAL LABORERS ANNUITY PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL LABORERS ANNUITY PLAN, BOARD OF TRUSTEES OF CENTRAL LABORERS ANNUITY PLAN

BOARD OF TRUSTEES OF CENTRAL LABORERS ANNUITY PLANEIN 37-6052379Plan #002PY 2018

P.O. BOX 1267 - JACKSONVILLE, IL 626511267217-243-8521

Other plans on this EIN

2 filings

#001Retirement-$957.8M assets #003Retirement--

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$170.5M

-7.1% from 2017

Total participants

17,431

-4.5% from 2017

Average account balance

$9,958

-2.7% from 2017

Annual return

2.83%

-1.66 pp from 2017

Benchmarks

See 51 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants5,000-9,999

Cohort51 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$311.40M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

23,251

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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 10 of 12 by compensation

Provider	Service type	Compensation
CENTRAL LABORERS PENSION FUND3+ years Service code 13 · EIN 37-6052379 PO BOX 1267 · JACKSONVILLE, IL 62651	Contract Administrator	$533,387
INVESCO3+ years Service code 28 · EIN 58-1707262 1555 PEACHTREE ST., N.E. SUITE 1000 · ATLANTA, GA 30309	Investment Management	$95,666
ASB CAPITAL MANAGEMENT2 years Filed as: ASB CAPITAL Service code 28 · EIN 80-0618452 7501 WISCONSIN AVENUE, SUITE 1500W · BETHESDA, MD 20814	Investment Management	$50,945
PARAMETRIC PORTFOLIO ASSOCIATES LLC2 years Filed as: PARAMETRIC CLIFTON INVESTMENT MANAG Service code 28 3600 MINNESOTA DRIVE, SUITE 325 · MINNEAPOLIS, MN 55435	Investment Management	$36,231
ROCKWOOD CAPITAL ADVISORS3+ years Filed as: ROCKWOOD CAPITAL ADVISORS, LLC Service code 28 13801 RIVERPORT DRIVE, SUITE 301 · ST. LOUIS, MO 63043	Investment Management	$25,279
ROMOLO & ASSOCIATES3+ years Service code 10 · EIN 37-1077733 1700 W LUTHY DRIVE · PEORIA, IL 61615	Accounting	$18,500
US BANK3+ years Filed as: U.S. BANK NATIONAL ASSOCIATION Service code 19 · EIN 31-0841368	Securities Custodian	$8,691
THE SEGAL COMPANY3+ years Filed as: THE SEGAL COMPANY (MIDWEST) INC Service code 11 · EIN 13-1975125 101 N. WACKER DRIVE, SUITE 500 · CHICAGO, IL 60606	Actuarial	$5,850
ZUMBAHLEN & ASSOCIATES3+ years Service code 10 · EIN 37-1094064 1395 LINCOLN AVENUE · JACKSONVILLE, IL 62650	Accounting	$5,526
THE SEGAL COMPANY1 year Filed as: SEGAL SELECT INSURANCE Service code 53 · EIN 46-0619194	Insurance Commissions	$5,371

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$133 / participant

Investment mgmt$445K41.8%
Contract admin$543K51.0%
Other / not subdivided$76K7.2%

% of EOY assets

0.624%

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: ROMOLO & ASSOCIATES
Auditor EIN: 371077733
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,958

$57,255-82.6%

$83,831-88.1%

$68,904-85.5%

Participation rate

96.1%

86.2%+10.0pp

76.1%+20.0pp

74.1%+22.0pp

Annual return

2.83%

-0.34%+3.2pp

850.99%-848.2pp

1.07%+1.8pp

Employer contribution / active EE

$2,294

$3,341-31.3%

$3,631-36.8%

$2,540-9.7%

Participant deferral / active EE

$18

$3,207-99.4%

$4,082-99.6%

$4,015-99.6%

Admin fee / account holder

$62

$103-39.9%

$5,479-98.9%

$71-12.8%

Provider

Service type

Compensation

CENTRAL LABORERS PENSION FUND3+ years

Service code 13 · EIN 37-6052379

PO BOX 1267 · JACKSONVILLE, IL 62651

Contract Administrator

$533,387

INVESCO3+ years

Service code 28 · EIN 58-1707262

1555 PEACHTREE ST., N.E. SUITE 1000 · ATLANTA, GA 30309

Investment Management

$95,666

ASB CAPITAL MANAGEMENT2 years

Filed as: ASB CAPITAL

Service code 28 · EIN 80-0618452

7501 WISCONSIN AVENUE, SUITE 1500W · BETHESDA, MD 20814

Investment Management

$50,945

PARAMETRIC PORTFOLIO ASSOCIATES LLC2 years

Filed as: PARAMETRIC CLIFTON INVESTMENT MANAG

Service code 28

3600 MINNESOTA DRIVE, SUITE 325 · MINNEAPOLIS, MN 55435

Investment Management

$36,231

ROCKWOOD CAPITAL ADVISORS3+ years

Filed as: ROCKWOOD CAPITAL ADVISORS, LLC

Service code 28

13801 RIVERPORT DRIVE, SUITE 301 · ST. LOUIS, MO 63043

Investment Management

$25,279

ROMOLO & ASSOCIATES3+ years

Service code 10 · EIN 37-1077733

1700 W LUTHY DRIVE · PEORIA, IL 61615

Accounting

$18,500

US BANK3+ years

Filed as: U.S. BANK NATIONAL ASSOCIATION

Service code 19 · EIN 31-0841368

Securities Custodian

$8,691

THE SEGAL COMPANY3+ years

Filed as: THE SEGAL COMPANY (MIDWEST) INC

Service code 11 · EIN 13-1975125

101 N. WACKER DRIVE, SUITE 500 · CHICAGO, IL 60606

Actuarial

$5,850

ZUMBAHLEN & ASSOCIATES3+ years

Service code 10 · EIN 37-1094064

1395 LINCOLN AVENUE · JACKSONVILLE, IL 62650

Accounting

$5,526

THE SEGAL COMPANY1 year

Filed as: SEGAL SELECT INSURANCE

Service code 53 · EIN 46-0619194

Insurance Commissions

$5,371

CENTRAL LABORERS ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL LABORERS ANNUITY 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