Retirement plan

GREEN BAY ELECTRICAL WORKERS PENSION PLAN

Name: GREEN BAY ELECTRICAL WORKERS - GREEN BAY ELECTRICAL WORKERS PENSION PLAN (2023) 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 2023

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

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$156.8M

+16.1% from 2022

Total participants

1,029

+9.8% from 2022

Average account balance

$167,897

+16.4% from 2022

Annual return

15.95%

+31.50 pp from 2022

Benchmarks

See 1,502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,502 peers

Snapshot2023

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 4 by compensation

Provider	Service type	Compensation
REINHART BOERNER VAN DEUREN S.C.4 years Filed as: REINHART BOERNER VAN DEUREN NORRIS Service code 29 · EIN 39-1126909	Legal	$43,278
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$37,836
ANDCO CONSULTING6 years Filed as: ANDCO CONSULTING LLC Service code 16 · EIN 59-3676225	Consulting	$24,000
BAUMAN ASSOCIATES8 years Filed as: BAUMAN ASSOCIATES LTD Service code 10 · EIN 39-1277627	Accounting	$20,960

Plan features & details

Pension benefit codes2E2G2J2T

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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$224K

$359 / participant

Contract admin$3050.1%
Other / not subdivided$224K99.9%

% of EOY assets

0.143%

all-in expense ratio

Categories reported

1 / 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: $139,804
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$167,897

$93,010+80.5%

$96,515+74.0%

$74,460+125.5%

Participation rate

84.8%

71.6%+13.2pp

74.3%+10.4pp

70.7%+14.0pp

Annual return

15.95%

37.50%-21.5pp

35.73%-19.8pp

34.38%-18.4pp

Employer contribution / active EE

$11,029

$3,427+221.8%

$3,740+194.9%

$2,638+318.1%

Participant deferral / active EE

$843

$3,971-78.8%

$4,880-82.7%

$4,530-81.4%

Admin fee / account holder

$240

$633-62.1%

$6,735-96.4%

$348-31.1%

Provider

Service type

Compensation

REINHART BOERNER VAN DEUREN S.C.4 years

Filed as: REINHART BOERNER VAN DEUREN NORRIS

Service code 29 · EIN 39-1126909

Legal

$43,278

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 13

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$37,836

ANDCO CONSULTING6 years

Filed as: ANDCO CONSULTING LLC

Service code 16 · EIN 59-3676225

Consulting

$24,000

BAUMAN ASSOCIATES8 years

Filed as: BAUMAN ASSOCIATES LTD

Service code 10 · EIN 39-1277627

Accounting

$20,960

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