Retirement plan

I.A.T.S.E. LOCAL NO. 6 PROFIT SHARING PLAN

Name: I.A.T.S.E. LOCAL NO. 6 - I.A.T.S.E. LOCAL NO. 6 PROFIT SHARING PLAN (2020) Form 5500
Creator: I.A.T.S.E. LOCAL NO. 6
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.A.T.S.E. LOCAL NO. 6 PROFIT SHARING PLAN, I.A.T.S.E. LOCAL NO. 6

I.A.T.S.E. LOCAL NO. 6EIN 43-0497330Plan #002PY 2020

1611 S. BROADWAY, SUITE 110 - ST. LOUIS, MO 63104314-621-5077

Prospect flagsLow returnsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$18.9M

-19.1% from 2019

Total participants

1,157

-4.3% from 2019

Average account balance

$18,202

-18.2% from 2019

Annual return

9.23%

-8.03 pp from 2019

Benchmarks

See 120 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort120 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.02M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

962

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

$2.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: NYLIFE SECURITIES, LLC Service code 27 · EIN 13-2649692 3 CITYPLACE DR, SUITE 690 · CREVE COEUR, MO 63141	Advisory (Plan)	$44,600
CMFG LIFE INSURANCE COMPANY3 years Filed as: CUNA Service code 14 5910 MINERAL POINT ROAD · MADISON, WI 53705	Plan Administrator	$39,810
ANDERS MINKLER HUBER & HELM LLP3 years Service code 10 · EIN 43-0831507	Accounting	$27,192
TIC INTERNATIONAL CORPORATION1 year Service code 14 · EIN 13-2600875 11590 N MERIDIAN STREET, SUITE 600 · CARMEL, IN 46032	Plan Administrator	$23,000
SMITH & HOWARD, PC3 years Filed as: SMITH & DOWNEY P.A. Service code 29 320 E. TOWSONTOWN BLVD, STE. 1 EAST · BALTIMORE, MD 21286	Legal	$10,789

Plan features & details

Pension benefit codes2E2F2G

Plan features

2E
Profit-sharing
Profit-sharing 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.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$132K

$129 / participant

Investment mgmt$37K27.7%
Other / not subdivided$95K72.3%

% of EOY assets

0.699%

all-in expense ratio

Categories reported

1 / 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: ANDERS MINKLER HUBER HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,202

$53,932-66.2%

$134,162-86.4%

$90,274-79.8%

Participation rate

88.1%

60.4%+27.8pp

72.2%+16.0pp

73.4%+14.8pp

Annual return

9.23%

23.16%-13.9pp

36.35%-27.1pp

53.97%-44.7pp

Employer contribution / active EE

$459

$1,611-71.5%

$3,705-87.6%

$2,523-81.8%

Participant deferral / active EE

$2,432-100.0%

$3,500-100.0%

$4,231-100.0%

Admin fee / account holder

$127

$104+22.9%

$6,685-98.1%

$114+11.6%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: NYLIFE SECURITIES, LLC

Service code 27 · EIN 13-2649692

3 CITYPLACE DR, SUITE 690 · CREVE COEUR, MO 63141

Advisory (Plan)

$44,600

CMFG LIFE INSURANCE COMPANY3 years

Filed as: CUNA

Service code 14

5910 MINERAL POINT ROAD · MADISON, WI 53705

Plan Administrator

$39,810

ANDERS MINKLER HUBER & HELM LLP3 years

Service code 10 · EIN 43-0831507

Accounting

$27,192

TIC INTERNATIONAL CORPORATION1 year

Service code 14 · EIN 13-2600875

11590 N MERIDIAN STREET, SUITE 600 · CARMEL, IN 46032

Plan Administrator

$23,000

SMITH & HOWARD, PC3 years

Filed as: SMITH & DOWNEY P.A.

Service code 29

320 E. TOWSONTOWN BLVD, STE. 1 EAST · BALTIMORE, MD 21286

Legal

$10,789

I.A.T.S.E. LOCAL NO. 6 PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.A.T.S.E. LOCAL NO. 6 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