Retirement plan

DEFINED BENEFIT PENSION PLAN OF THE PLUMBERS & STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN

Name: BOARD OF TRUSTEES - DEFINED BENEFIT PENSION PLAN OF THE PLUMBERS & STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN (2024) Form 5500
Creator: BOARD OF TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED BENEFIT PENSION PLAN OF THE PLUMBERS & STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN, BOARD OF TRUSTEES

BOARD OF TRUSTEESEIN 39-0542913Plan #001PY 2024

P.O. BOX 530, 2700 NORTHRIDGE DRIVE - KAUKAUNA, WI 541300530920-462-0400

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$273.3M

-42.2% from 2016

Total participants

2,274

-5.1% from 2016

Average account balance

No prior year

Annual return

9.71%

-70.15 pp from 2016

Benchmarks

See 155 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort155 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$273.30M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

701

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 13 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.9 years Filed as: MILLIMAN INC. Service code 16 · EIN 91-0675641	Consulting	$184,220
ASSOCIATED TRUST COMPANY, N.A.10+ years Service code 13 · EIN 39-6576073	Contract Administrator	$157,773
GOLDMAN SACHS6 years Filed as: CORBIN CAPITAL PARTNERS, L.P Service code 28 · EIN 30-0299433	Investment Management	$152,405
AMERICAN FUNDS7 years Filed as: CRESCENT CAPITAL INVESTMENT TRUST Service code 28 · EIN 32-6471303	Investment Management	$131,996
IFM INVESTORS PTY LTD3 years Filed as: IFM INVESTORS Service code 28 114 WEST 47TH STREET · NEW YORK, NY 10036	Investment Management	$92,021
REINHART BOERNER VAN DEUREN S.C.10+ years Service code 29 · EIN 39-1126909	Legal	$90,170
PARAMETRIC PORTFOLIO ASSOCIATES LLC8 years Service code 28 · EIN 20-0292745	Investment Management	$81,602
JPMORGAN INVEST HOLDINGS LLC10+ years Filed as: JP MORGAN CHASE BANK, N.A. Service code 24 · EIN 13-4994650	Discretionary Trustee	$66,117
MARQUETTE ASSOCIATES10+ years Service code 27 · EIN 36-3485298	Advisory (Plan)	$62,500
BENEFIT PLAN ADMINISTRATORS10+ years Filed as: BENEFIT PLAN ADMINISTRATION Service code 14 · EIN 39-1400101	Plan Administrator	$61,192

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

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

$1.3M

$831 / participant

Investment mgmt$797K60.9%
Legal$90K6.9%
Actuarial$184K14.1%
Other trustee fees$14K1.1%
Contract admin$61K4.7%
Other / not subdivided$161K12.3%

% of EOY assets

0.478%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: $27,630
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,416-100.0%

Participation rate

0.0%

0.0%0pp

32.7%-32.7pp

0.0%0pp

Annual return

9.71%

10.33%-0.6pp

8.10%+1.6pp

9.30%+0.4pp

Employer contribution / active EE

$9,758

$14,972-34.8%

$28,649-65.9%

$12,551-22.2%

Participant deferral / active EE

$252-100.0%

$10-100.0%

$2,867-100.0%

Admin fee / account holder

$60,136-100.0%

Provider

Service type

Compensation

MILLIMAN, INC.9 years

Filed as: MILLIMAN INC.

Service code 16 · EIN 91-0675641

Consulting

$184,220

ASSOCIATED TRUST COMPANY, N.A.10+ years

Service code 13 · EIN 39-6576073

Contract Administrator

$157,773

GOLDMAN SACHS6 years

Filed as: CORBIN CAPITAL PARTNERS, L.P

Service code 28 · EIN 30-0299433

Investment Management

$152,405

AMERICAN FUNDS7 years

Filed as: CRESCENT CAPITAL INVESTMENT TRUST

Service code 28 · EIN 32-6471303

Investment Management

$131,996

IFM INVESTORS PTY LTD3 years

Filed as: IFM INVESTORS

Service code 28

114 WEST 47TH STREET · NEW YORK, NY 10036

Investment Management

$92,021

REINHART BOERNER VAN DEUREN S.C.10+ years

Service code 29 · EIN 39-1126909

Legal

$90,170

PARAMETRIC PORTFOLIO ASSOCIATES LLC8 years

Service code 28 · EIN 20-0292745

Investment Management

$81,602

JPMORGAN INVEST HOLDINGS LLC10+ years

Filed as: JP MORGAN CHASE BANK, N.A.

Service code 24 · EIN 13-4994650

Discretionary Trustee

$66,117

MARQUETTE ASSOCIATES10+ years

Service code 27 · EIN 36-3485298

Advisory (Plan)

$62,500

BENEFIT PLAN ADMINISTRATORS10+ years

Filed as: BENEFIT PLAN ADMINISTRATION

Service code 14 · EIN 39-1400101

Plan Administrator

$61,192

DEFINED BENEFIT PENSION PLAN OF THE PLUMBERS & STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED BENEFIT PENSION PLAN OF THE PLUMBERS & STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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