Retirement plan

LASALLE IRON WORKS, INC. PENSION PLAN

Name: LASALLE IRON WORKS, INC. - LASALLE IRON WORKS, INC. PENSION PLAN (2020) Form 5500
Creator: LASALLE IRON WORKS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LASALLE IRON WORKS, INC. PENSION PLAN, LASALLE IRON WORKS, INC.

LASALLE IRON WORKS, INC.EIN 43-0371920Plan #001PY 2020

3110 LASALLE STREET - ST LOUIS, MO 63104314-771-5350LinkedIn11-50 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

-3.7% from 2019

Total participants

+16.7% from 2019

Average account balance

$97,308

-11.7% from 2019

Annual return

11.45%

-4.48 pp from 2019

Benchmarks

See 21,446 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort21,446 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$845K

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

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

+6.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10204

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2F2G3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$213K

$15194 / participant

Other / not subdivided$213K100.0%

% of EOY assets

18.217%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,308

$112,131-13.2%

$95,964+1.4%

$158,982-38.8%

Participation rate

85.7%

79.0%+6.7pp

77.1%+8.6pp

82.0%+3.7pp

Annual return

11.45%

171.19%-159.7pp

91.64%-80.2pp

302.99%-291.5pp

Employer contribution / active EE

$1,922

$3,199-39.9%

$2,541-24.4%

$4,763-59.6%

Participant deferral / active EE

$4,784-100.0%

$4,167-100.0%

$5,983-100.0%

Admin fee / account holder

$17,727

$10,136+74.9%

$6,797+160.8%

$11,252+57.5%

LASALLE IRON WORKS, INC. PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LASALLE IRON WORKS, INC. 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