Retirement plan

PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST AND PLAN

Name: PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST - PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST AND PLAN (2017) Form 5500
Creator: PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST AND PLAN, PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST

PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUSTEIN 38-6440276Plan #001PY 2017

700 TOWER DRIVE, SUITE 300 - TROY, MI 480982808248-813-9800

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$212.5M

-6.3% from 2016

Total participants

3,038

-5.1% from 2016

Average account balance

$70,424

-1.3% from 2016

Annual return

15.38%

-8.10 pp from 2016

Benchmarks

See 217 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$281.54M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

3,387

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

$8.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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 6 by compensation

Provider	Service type	Compensation
BENESYS, INC.3+ years Filed as: BENESYS INC Service code 12 · EIN 38-3507129 700 TOWER DRIVE SUITE 300 · TROY, MI 480982808	Recordkeeping and information managem...	$229,405
MORGAN STANLEY SMITH BARNEY3+ years Service code 27 · EIN 26-4310632 220 PARK STREET, SUITE 220 · BIRMINGHAM, MI 48009	Advisory (Plan)	$51,250
O'SULLIVAN ASSOCIATES3+ years Filed as: SULLIVAN, WARD, ASHER & PATTON, PC Service code 29 · EIN 38-1880608 25800 NORTHWESTERN HWY · SOUTHFIELD, MI 480370222	Legal	$42,500
ALAN BILLER & ASSOCIATES3+ years Filed as: ALAN D. BILLER & ASSOCIATES, INC. Service code 27 · EIN 94-2854958 535 MIDDLEFIELD RD SUITE 230 · MENLO PARK, CA 94025	Advisory (Plan)	$20,948
AMERICAN REALTY ADVISORS3+ years Filed as: AMERICAN GRAPHICS INC Service code 36 · EIN 38-2090031 1629 W LAFAYETTE BLVD · DETROIT, MI 482161927	Copying and duplicating	$20,802
WALTER, BOESKY & ASSOCIATES, PC3+ years Filed as: WALTER, BOESKY & ASSOCIATES, P.C. Service code 10 · EIN 38-3629743 17320 W 12 MILE ROAD SUITE 200 · SOUTHFIELD, MI 48076	Accounting	$10,860

Plan features & details

Pension benefit codes2E2F2G2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$374K

$237 / participant

Investment mgmt$46K12.3%
Contract admin$51K13.7%
Other / not subdivided$277K74.1%

% of EOY assets

0.176%

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: WALTER, BOESKY & ASSOCIATES PC
Auditor EIN: 383629743
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,424

$41,256+70.7%

$86,593-18.7%

$77,958-9.7%

Participation rate

98.7%

63.0%+35.7pp

73.5%+25.1pp

71.6%+27.0pp

Annual return

15.38%

17.67%-2.3pp

965.08%-949.7pp

20.87%-5.5pp

Employer contribution / active EE

$3,543

$1,613+119.7%

$2,840+24.8%

$2,310+53.4%

Participant deferral / active EE

$1,465

$2,332-37.2%

$3,609-59.4%

$3,537-58.6%

Admin fee / account holder

$124

$71+74.9%

$4,904-97.5%

$97+27.1%

Provider

Service type

Compensation

BENESYS, INC.3+ years

Filed as: BENESYS INC

Service code 12 · EIN 38-3507129

700 TOWER DRIVE SUITE 300 · TROY, MI 480982808

Recordkeeping and information managem...

$229,405

MORGAN STANLEY SMITH BARNEY3+ years

Service code 27 · EIN 26-4310632

220 PARK STREET, SUITE 220 · BIRMINGHAM, MI 48009

Advisory (Plan)

$51,250

O'SULLIVAN ASSOCIATES3+ years

Filed as: SULLIVAN, WARD, ASHER & PATTON, PC

Service code 29 · EIN 38-1880608

25800 NORTHWESTERN HWY · SOUTHFIELD, MI 480370222

Legal

$42,500

ALAN BILLER & ASSOCIATES3+ years

Filed as: ALAN D. BILLER & ASSOCIATES, INC.

Service code 27 · EIN 94-2854958

535 MIDDLEFIELD RD SUITE 230 · MENLO PARK, CA 94025

Advisory (Plan)

$20,948

AMERICAN REALTY ADVISORS3+ years

Filed as: AMERICAN GRAPHICS INC

Service code 36 · EIN 38-2090031

1629 W LAFAYETTE BLVD · DETROIT, MI 482161927

Copying and duplicating

$20,802

WALTER, BOESKY & ASSOCIATES, PC3+ years

Filed as: WALTER, BOESKY & ASSOCIATES, P.C.

Service code 10 · EIN 38-3629743

17320 W 12 MILE ROAD SUITE 200 · SOUTHFIELD, MI 48076

Accounting

$10,860

PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST AND PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIPEFITTERS LOCAL NO 636 DEFINED CONTRIBUTION RETIREMENT TRUST AND 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