Retirement plan

FLINT PLUMBING DEFINED CONTRIBUTION FUND

Name: TRUSTEES FLINT DEFINED CONTRIB FUND - FLINT PLUMBING DEFINED CONTRIBUTION FUND (2018) Form 5500
Creator: TRUSTEES FLINT DEFINED CONTRIB FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLINT PLUMBING DEFINED CONTRIBUTION FUND, TRUSTEES FLINT DEFINED CONTRIB FUND

TRUSTEES FLINT DEFINED CONTRIB FUNDEIN 38-6254230Plan #002PY 2018

6525 CENTURION DRIVE - LANSING, MI 489179275517-321-7502

Other plans on this EIN

1 filing

#001Retirement-$62.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.8M

+14.6% from 2017

Total participants

412

+4.6% from 2017

Average account balance

$28,563

+8.7% from 2017

Annual return

7.61%

-0.90 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

$26.14M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

618

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

$2.12M

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

+9.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$258

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 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 12 · EIN 13-3689044	Float revenue; Participant loan proce...	$62,629
TIC INTERNATIONAL CORPORATION3+ years Service code 13 · EIN 13-2600875	Contract Administrator	$21,504
O'SULLIVAN ASSOCIATES3+ years Filed as: SULLIVAN WARD ASHER & PATTON PC Service code 29 25800 NORTHWESTERN HIGHWAY · SOUTHFIELD, MI 480758412	Legal	$17,061
WRUBEL WESLEY AND COMPANY C.P.A.'S3+ years Service code 10 · EIN 38-2754238	Accounting	$6,310
MID ATLANTIC CAPITAL CORPORATION2 years Service code 33 · EIN 25-1409618	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANAMERICA RETIREMENT SOLUTIONS Service code 12	Participant communication; Shareholde...	$0

Plan features & details

Pension benefit codes2G2J2E

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$126K

$314 / participant

Investment mgmt$67K53.1%
Contract admin$22K17.1%
Other / not subdivided$37K29.8%

% of EOY assets

1.069%

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: WRUBEL WESLEY AND COMPANY C.P.A.'S
Auditor EIN: 382574238
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,563

$56,443-49.4%

$83,831-65.9%

$55,725-48.7%

Participation rate

100.0%

72.0%+28.0pp

76.1%+23.9pp

70.9%+29.1pp

Annual return

7.61%

393.67%-386.1pp

850.99%-843.4pp

244.93%-237.3pp

Employer contribution / active EE

$562

$2,682-79.0%

$3,631-84.5%

$2,078-72.9%

Participant deferral / active EE

$1,688

$2,965-43.1%

$4,082-58.6%

$3,356-49.7%

Admin fee / account holder

$305

$156+95.4%

$5,479-94.4%

$115+165.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

Float revenue; Participant loan proce...

$62,629

TIC INTERNATIONAL CORPORATION3+ years

Service code 13 · EIN 13-2600875

Contract Administrator

$21,504

O'SULLIVAN ASSOCIATES3+ years

Filed as: SULLIVAN WARD ASHER & PATTON PC

Service code 29

25800 NORTHWESTERN HIGHWAY · SOUTHFIELD, MI 480758412

Legal

$17,061

WRUBEL WESLEY AND COMPANY C.P.A.'S3+ years

Service code 10 · EIN 38-2754238

Accounting

$6,310

MID ATLANTIC CAPITAL CORPORATION2 years

Service code 33 · EIN 25-1409618

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES2 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANAMERICA RETIREMENT SOLUTIONS

Service code 12

Participant communication; Shareholde...

FLINT PLUMBING DEFINED CONTRIBUTION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLINT PLUMBING DEFINED CONTRIBUTION FUND

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