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 (2017) 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 2017

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

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$21.7M

+20.4% from 2016

Total participants

555

+10.8% from 2016

Average account balance

$40,660

+10.3% from 2016

Annual return

16.31%

+9.13 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166	Advisory (Plan)	$45,031
OMS STUDIOS INC.2 years Service code 15 · EIN 57-1155991	Recordkeeping	$29,369
LEGACY PROFESSIONALS LLP3+ years Service code 10 · EIN 32-0043599	Accounting	$13,577
ERGO SUM MANAGEMENT3+ years Service code 14 · EIN 20-2852341	Plan Administrator	$8,800
SUREFOOT CONSULTING1 year Service code 16 · EIN 90-0848892	Consulting	$5,000

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

$115K

$212 / participant

Investment mgmt$45K39.1%
Contract admin$39K33.6%
Other / not subdivided$31K27.2%

% of EOY assets

0.531%

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

$40,660

$155,795-73.9%

$136,298-70.2%

$69,631-41.6%

Participation rate

95.9%

75.2%+20.7pp

81.9%+14.0pp

70.7%+25.3pp

Annual return

16.31%

232464.33%-232448.0pp

5156.27%-5140.0pp

27571.02%-27554.7pp

Employer contribution / active EE

$1,407

$2,991-52.9%

$4,696-70.0%

$2,032-30.7%

Participant deferral / active EE

$948

$5,394-82.4%

$6,247-84.8%

$3,224-70.6%

Admin fee / account holder

$216

$128+68.3%

$9,244-97.7%

$110+95.4%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

Advisory (Plan)

$45,031

OMS STUDIOS INC.2 years

Service code 15 · EIN 57-1155991

Recordkeeping

$29,369

LEGACY PROFESSIONALS LLP3+ years

Service code 10 · EIN 32-0043599

Accounting

$13,577

ERGO SUM MANAGEMENT3+ years

Service code 14 · EIN 20-2852341

Plan Administrator

$8,800

SUREFOOT CONSULTING1 year

Service code 16 · EIN 90-0848892

Consulting

$5,000

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