Retirement plan

GREEN BAY ELECTRICAL WORKERS PENSION PLAN

Name: GREEN BAY ELECTRICAL WORKERS - GREEN BAY ELECTRICAL WORKERS PENSION PLAN (2021) Form 5500
Creator: GREEN BAY ELECTRICAL WORKERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN BAY ELECTRICAL WORKERS PENSION PLAN, GREEN BAY ELECTRICAL WORKERS

GREEN BAY ELECTRICAL WORKERSEIN 39-0940777Plan #001PY 2021

2970 GREENBRIER ROAD - GREEN BAY, WI 54311920-432-0158LinkedIn1-10 employeesconsumer services

Prospect flagsHigh feesLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$161M

+9.7% from 2020

Total participants

914

+0.2% from 2020

Average account balance

$176,094

+9.4% from 2020

Annual return

13.81%

-0.90 pp from 2020

Benchmarks

See 1,300 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,300 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$176.23M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

924

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$171

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 11 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND5 years Service code 13 · EIN 06-1050034	Contract Administrator	$72,661
REINHART BOERNER VAN DEUREN S.C.2 years Filed as: REINHART BOERNER VAN DEUREN NORRIS Service code 10 · EIN 39-1126909	Accounting	$51,857
ANDCO CONSULTING4 years Filed as: ANDCO CONSULTING LLC Service code 10 · EIN 59-3676225	Accounting	$40,000
UNION INSURANCE GROUP5 years Service code 10 · EIN 36-4226088	Accounting	$23,466
BAUMAN ASSOCIATES6 years Filed as: BAUMAN ASSOCIATES LTD Service code 10 · EIN 39-1277627	Accounting	$22,100
GREEN BAY ELECTRICAL WORKERS5 years Service code 10 · EIN 39-0940777	Accounting	$16,103
ALLEN BATES TECHNOLOGIES1 year Filed as: ALLEN BATES TECHNOLOGIES INC Service code 10 · EIN 32-0102319	Accounting	$4,800
JESSE JACQUES5 years Service code 49 · EIN 39-4785068	Other Services	$2,000
WISCONSIN SHEET METAL H&W FUND2 years Filed as: WISCONSIN ELECTRICAL EMPLOYEES HEAL Service code 15 · EIN 39-1651543	Recordkeeping	$1,650
INTEN'L FNDT OF EMPLOYEE BENFIT PLA1 year Service code 99 · EIN 39-1034021	Other Fees	$1,310

Plan features & details

Pension benefit codes2J2E2G2T

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$479K

$625 / participant

Other / not subdivided$479K100.0%

% of EOY assets

0.298%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAUMAN ASSOCIATES, LTD
Auditor EIN: 391277627
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$176,094

$78,275+125.0%

$109,173+61.3%

$86,821+102.8%

Participation rate

100.0%

73.8%+26.2pp

75.9%+24.1pp

72.3%+27.7pp

Annual return

13.81%

19.14%-5.3pp

25.75%-11.9pp

97.94%-84.1pp

Employer contribution / active EE

$7,018

$3,105+126.0%

$3,723+88.5%

$2,406+191.7%

Participant deferral / active EE

$536

$3,641-85.3%

$4,654-88.5%

$4,132-87.0%

Admin fee / account holder

$524

$198+164.1%

$6,755-92.2%

$170+209.1%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND5 years

Service code 13 · EIN 06-1050034

Contract Administrator

$72,661

REINHART BOERNER VAN DEUREN S.C.2 years

Filed as: REINHART BOERNER VAN DEUREN NORRIS

Service code 10 · EIN 39-1126909

Accounting

$51,857

ANDCO CONSULTING4 years

Filed as: ANDCO CONSULTING LLC

Service code 10 · EIN 59-3676225

Accounting

$40,000

UNION INSURANCE GROUP5 years

Service code 10 · EIN 36-4226088

Accounting

$23,466

BAUMAN ASSOCIATES6 years

Filed as: BAUMAN ASSOCIATES LTD

Service code 10 · EIN 39-1277627

Accounting

$22,100

GREEN BAY ELECTRICAL WORKERS5 years

Service code 10 · EIN 39-0940777

Accounting

$16,103

ALLEN BATES TECHNOLOGIES1 year

Filed as: ALLEN BATES TECHNOLOGIES INC

Service code 10 · EIN 32-0102319

Accounting

$4,800

JESSE JACQUES5 years

Service code 49 · EIN 39-4785068

Other Services

$2,000

WISCONSIN SHEET METAL H&W FUND2 years

Filed as: WISCONSIN ELECTRICAL EMPLOYEES HEAL

Service code 15 · EIN 39-1651543

Recordkeeping

$1,650

INTEN'L FNDT OF EMPLOYEE BENFIT PLA1 year

Service code 99 · EIN 39-1034021

Other Fees

$1,310

GREEN BAY ELECTRICAL WORKERS PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREEN BAY ELECTRICAL WORKERS PENSION 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