Retirement plan

KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 401(K) PLAN

Name: BOARD OF TRUSTEES OF THE KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 - KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 401(K) PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES OF THE KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 401(K) PLAN, BOARD OF TRUSTEES OF THE KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357

BOARD OF TRUSTEES OF THE KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357EIN 38-6152409Plan #002PY 2017

30700 TELEGRAPH ROAD, SUITE 2400 - BINGHAM FARMS, MI 48025269-679-2570LinkedIn501-1000 employeesindividual & family services

Other plans on this EIN

1 filing

#001Retirement-$99.1M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$19.7M

+15.1% from 2016

Total participants

323

+11.0% from 2016

Average account balance

$53,803

+1.6% from 2016

Annual return

20.32%

+6.18 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.80M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

549

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

$1.93M

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250

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
NOVARA, TESIJA & CATENACCI, PLLC1 year Filed as: NOVARA TESIJA & CATENACCI, P.L.L.C. Service code 29 · EIN 38-3763096 2000 TOWN CENTER, ST 2370 · SOUTHFIELD, MI 48075	Legal	$19,028
BULTYNCK & CO., P.L.L.C.1 year Service code 10 · EIN 20-3920878 15985 CANAL ROAD · CLINTON TOWNSHIP, MI 48038	Accounting	$7,600
TIC INTERNATIONAL CORPORATION1 year Service code 14 · EIN 13-2600875 6525 CENTURION DRIVE · LANSING, MI 489179275	Plan Administrator	$6,216
CWS FINANCIAL ADVISORS1 year Filed as: CWS FINANCIAL ADVISORS, LLC Service code 16 405 W MICHIGAN AVE SU 110 · KALAMAZOO, MI 49007	Consulting	$0

Plan features & details

Pension benefit codes2E2G2J

Plan features

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

1 tripped

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

$44K

$150 / participant

Investment mgmt$2K5.6%
Contract admin$6K13.1%
Other / not subdivided$36K81.3%

% of EOY assets

0.225%

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: BULTYNCK & CO., P.L.L.C.
Auditor EIN: 203920878
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,803

$60,545-11.1%

$92,240-41.7%

$69,631-22.7%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

20.32%

19.71%+0.6pp

176.29%-156.0pp

27571.02%-27550.7pp

Employer contribution / active EE

$2,633-100.0%

$3,680-100.0%

$2,032-100.0%

Participant deferral / active EE

$3,122

$2,828+10.4%

$3,897-19.9%

$3,224-3.1%

Admin fee / account holder

$121

$145-16.4%

$5,194-97.7%

$110+9.6%

Provider

Service type

Compensation

NOVARA, TESIJA & CATENACCI, PLLC1 year

Filed as: NOVARA TESIJA & CATENACCI, P.L.L.C.

Service code 29 · EIN 38-3763096

2000 TOWN CENTER, ST 2370 · SOUTHFIELD, MI 48075

Legal

$19,028

BULTYNCK & CO., P.L.L.C.1 year

Service code 10 · EIN 20-3920878

15985 CANAL ROAD · CLINTON TOWNSHIP, MI 48038

Accounting

$7,600

TIC INTERNATIONAL CORPORATION1 year

Service code 14 · EIN 13-2600875

6525 CENTURION DRIVE · LANSING, MI 489179275

Plan Administrator

$6,216

CWS FINANCIAL ADVISORS1 year

Filed as: CWS FINANCIAL ADVISORS, LLC

Service code 16

405 W MICHIGAN AVE SU 110 · KALAMAZOO, MI 49007

Consulting

KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KALAMAZOO PLUMBERS & PIPEFITTERS LOCAL 357 401(K) 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