Retirement plan

PLUMBERS 75 401K PROFIT SHARING PLAN

Name: BOARD OF TRUSTEES OF THE PLUMBERS 75 401K PLAN - PLUMBERS 75 401K PROFIT SHARING PLAN (2020) Form 5500
Creator: BOARD OF TRUSTEES OF THE PLUMBERS 75 401K PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS 75 401K PROFIT SHARING PLAN, BOARD OF TRUSTEES OF THE PLUMBERS 75 401K PLAN

BOARD OF TRUSTEES OF THE PLUMBERS 75 401K PLANEIN 39-1712806Plan #001PY 2020

11175 W. PARKLAND AVENUE - MILWAUKEE, WI 532243135414-359-1310

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$58.8M

+12.5% from 2019

Total participants

1,254

+4.0% from 2019

Average account balance

$70,565

+62.9% from 2019

Annual return

14.96%

-8.06 pp from 2019

Benchmarks

See 458 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort458 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.20M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

965

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.

63.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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
STRATEGIC CAPITAL INVESTMENT ADVISO6+ years Filed as: STRATEGIC CAPTIAL INVESTMENT Service code 27 · EIN 36-4268991	Advisory (Plan)	$37,000
BENEFIT PLAN ADMINISTRATORS6+ years Filed as: BENEFIT PLAN ADMINISTRATION OF WI, Service code 13 · EIN 39-1400101	Contract Administrator	$24,330
THE PREVIANT LAW FIRM, S.C.6+ years Filed as: THE PREVIANT LAW FIRM S.C. Service code 29 · EIN 39-1211596	Legal	$21,489
SIKICH LLP1 year Filed as: SIKICH LLP. Service code 10 · EIN 36-3168081	Accounting	$11,750

Plan features & details

Pension benefit codes2G2J

Plan features

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$117K

$95 / participant

Investment mgmt$37K31.7%
Contract admin$23K19.6%
Other / not subdivided$57K48.7%

% of EOY assets

0.199%

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: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,565

$81,719-13.6%

$101,271-30.3%

$90,274-21.8%

Participation rate

65.8%

80.7%-14.9pp

75.8%-10.0pp

73.4%-7.5pp

Annual return

14.96%

337.64%-322.7pp

46.48%-31.5pp

53.97%-39.0pp

Employer contribution / active EE

$3,622-100.0%

$3,660-100.0%

$2,523-100.0%

Participant deferral / active EE

$1,278

$3,310-61.4%

$4,371-70.8%

$4,231-69.8%

Admin fee / account holder

$140

$162-13.4%

$5,948-97.6%

$114+22.9%

Provider

Service type

Compensation

STRATEGIC CAPITAL INVESTMENT ADVISO6+ years

Filed as: STRATEGIC CAPTIAL INVESTMENT

Service code 27 · EIN 36-4268991

Advisory (Plan)

$37,000

BENEFIT PLAN ADMINISTRATORS6+ years

Filed as: BENEFIT PLAN ADMINISTRATION OF WI,

Service code 13 · EIN 39-1400101

Contract Administrator

$24,330

THE PREVIANT LAW FIRM, S.C.6+ years

Filed as: THE PREVIANT LAW FIRM S.C.

Service code 29 · EIN 39-1211596

Legal

$21,489

SIKICH LLP1 year

Filed as: SIKICH LLP.

Service code 10 · EIN 36-3168081

Accounting

$11,750

PLUMBERS 75 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS 75 401K PROFIT SHARING 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