Retirement plan

I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST

Name: TRUSTEES OF I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST - I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST (2015) Form 5500
Creator: TRUSTEES OF I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST, TRUSTEES OF I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST

TRUSTEES OF I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUSTEIN 41-1735205Plan #001PY 2015

312 CENTRAL AVENUE S.E., SUITE 398 - MINNEAPOLIS, MN 554141097612-379-7908

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$16.1M

No prior year

Total participants

472

No prior year

Average account balance

$34,067

No prior year

Annual return

-0.58%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.60M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

1,435

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

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+12.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166	Advisory (Plan)	$40,680
OMS STUDIOS INC.1+ years Filed as: OMS STUDIOS INC Service code 49 · EIN 57-1155991	Other Services	$20,679
LEGACY PROFESSIONALS LLP1+ years Service code 10 · EIN 32-0043599	Accounting	$13,350
ERGO SUM MANAGEMENT1+ years Service code 14 2722 TAYLOR ST. NE. · MINNEAPOLIS, MN 55418	Plan Administrator	$8,700

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

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

$102K

$223 / participant

Investment mgmt$41K40.1%
Contract admin$30K29.3%
Other / not subdivided$31K30.6%

% of EOY assets

0.631%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,067

$88,324-61.4%

$115,038-70.4%

$55,191-38.3%

Participation rate

100.0%

72.5%+27.5pp

81.4%+18.6pp

69.2%+30.8pp

Annual return

-0.58%

6.30%-6.9pp

26.14%-26.7pp

10.78%-11.4pp

Employer contribution / active EE

$1,218

$2,805-56.6%

$4,608-73.6%

$1,899-35.8%

Participant deferral / active EE

$915

$5,042-81.9%

$6,026-84.8%

$3,046-70.0%

Admin fee / account holder

$215

$105+104.1%

$8,175-97.4%

$91+136.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

Advisory (Plan)

$40,680

OMS STUDIOS INC.1+ years

Filed as: OMS STUDIOS INC

Service code 49 · EIN 57-1155991

Other Services

$20,679

LEGACY PROFESSIONALS LLP1+ years

Service code 10 · EIN 32-0043599

Accounting

$13,350

ERGO SUM MANAGEMENT1+ years

Service code 14

2722 TAYLOR ST. NE. · MINNEAPOLIS, MN 55418

Plan Administrator

$8,700

I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.A.T.S.E. LOCAL 13 RETIREMENT PLAN & TRUST

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