Retirement plan

UA LOCAL 190 DEFINED CONTRIBUTION PLAN

Name: JOINT BOARD OF TRUSTEES OF THE UA LOCAL 190 DEFINED CONTRIBUTION PLAN - UA LOCAL 190 DEFINED CONTRIBUTION PLAN (2025) Form 5500
Creator: JOINT BOARD OF TRUSTEES OF THE UA LOCAL 190 DEFINED CONTRIBUTION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UA LOCAL 190 DEFINED CONTRIBUTION PLAN, JOINT BOARD OF TRUSTEES OF THE UA LOCAL 190 DEFINED CONTRIBUTION PLAN

JOINT BOARD OF TRUSTEES OF THE UA LOCAL 190 DEFINED CONTRIBUTION PLANEIN 38-3316535Plan #002PY 2025

700 TOWER DRIVE, STE 300 - TROY, MI 48098248-813-9800LinkedIn1001-5000 employeesindividual & family services

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$69.2M

+10.2% from 2024

Total participants

1,960

+2.9% from 2024

Average account balance

$35,330

+7.1% from 2024

Annual return

8.75%

-10.50 pp from 2024

Benchmarks

See 98 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort98 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$69.25M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

1,960

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

$5.24M

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

+8.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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 8 by compensation

Provider	Service type	Compensation
TIC INTERNATIONAL CORPORATION1 year Filed as: TIC MIDWEST, LLC Service code 10 · EIN 93-4217445	Accounting	$34,047
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 15 · EIN 06-1050034	Recordkeeping	$19,807
BENNETT & ASSOCIATES CPAS PLLC10+ years Service code 10 · EIN 27-3488128	Accounting	$18,214
BENESYS, INC.1 year Filed as: BENESYS, INC Service code 10 · EIN 38-2383171	Accounting	$14,726
NOVARA, TESIJA & CATENACCI, PLLC1 year Filed as: NOVARA TESIJA CATENACCI MCDONALD & Service code 29 · EIN 38-3763096	Legal	$12,576
THE SEGAL COMPANY10+ years Filed as: SEGAL ADVISORS, INC Service code 27 · EIN 13-2646110	Advisory (Plan)	$12,500
FERGUSON WIDMAYER & CLARK PC7 years Service code 29 · EIN 38-2995783	Legal	$7,780
UA LOCAL 1901 year Service code 12 · EIN 38-0895168	Claims processing; Direct payment fro...	$6,708

Plan features & details

Pension benefit codes2G2J2E2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$137K

$107 / participant

Recordkeeping$3K2.1%
Trustee / custodial$20K14.4%
Investment mgmt$13K9.1%
Legal$20K14.8%
Other trustee fees$1450.1%
Contract admin$52K37.9%
Other / not subdivided$29K21.5%

% of EOY assets

0.198%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BENNETT & ASSOCIATES CPAS PLLC
Auditor EIN: 273488128
Audit fees: $18,214
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,330

$96,999-63.6%

$123,973-71.5%

$83,436-57.7%

Participation rate

100.0%

84.4%+15.6pp

76.7%+23.3pp

73.2%+26.8pp

Annual return

8.75%

8.97%-0.2pp

388.13%-379.4pp

19.34%-10.6pp

Employer contribution / active EE

$1,352

$5,808-76.7%

$4,126-67.2%

$4,072-66.8%

Participant deferral / active EE

$2,736

$1,439+90.1%

$5,247-47.9%

$3,411-19.8%

Admin fee / account holder

$70

$227-69.2%

$11,799-99.4%

$265-73.6%

Provider

Service type

Compensation

TIC INTERNATIONAL CORPORATION1 year

Filed as: TIC MIDWEST, LLC

Service code 10 · EIN 93-4217445

Accounting

$34,047

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 15 · EIN 06-1050034

Recordkeeping

$19,807

BENNETT & ASSOCIATES CPAS PLLC10+ years

Service code 10 · EIN 27-3488128

Accounting

$18,214

BENESYS, INC.1 year

Filed as: BENESYS, INC

Service code 10 · EIN 38-2383171

Accounting

$14,726

NOVARA, TESIJA & CATENACCI, PLLC1 year

Filed as: NOVARA TESIJA CATENACCI MCDONALD &

Service code 29 · EIN 38-3763096

Legal

$12,576

THE SEGAL COMPANY10+ years

Filed as: SEGAL ADVISORS, INC

Service code 27 · EIN 13-2646110

Advisory (Plan)

$12,500

FERGUSON WIDMAYER & CLARK PC7 years

Service code 29 · EIN 38-2995783

Legal

$7,780

UA LOCAL 1901 year

Service code 12 · EIN 38-0895168

Claims processing; Direct payment fro...

$6,708

UA LOCAL 190 DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UA LOCAL 190 DEFINED CONTRIBUTION 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