Retirement plan

ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1, IBEW- ST. LOUIS CHAPTER NECA

Name: BD OF TRUSTEES OF ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1 IBEW- - ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1, IBEW- ST. LOUIS CHAPTER NECA (2020) Form 5500
Creator: BD OF TRUSTEES OF ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1 IBEW-
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1, IBEW- ST. LOUIS CHAPTER NECA, BD OF TRUSTEES OF ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1 IBEW-

BD OF TRUSTEES OF ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1 IBEW-EIN 43-1529993Plan #001PY 2020

5735 ELIZABETH AVENUE - ST. LOUIS, MO 631102801314-752-2330

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$245.1M

-7.0% from 2016

Total participants

1,970

-2.1% from 2016

Average account balance

$139,362

-6.1% from 2016

Annual return

13.27%

-6.25 pp from 2016

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

$288.55M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

2,366

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

$10.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 8 by compensation

Provider	Service type	Compensation
IBEW-NECA SERVICE CENTER6+ years Service code 13 · EIN 43-0896804	Contract Administrator	$163,332
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: SCARBOROUGH ALLIANCE GROUP Service code 26 ONE BRIDGE STREET SUITE 70 · IRVINGTON, NY 10533	Advisory (Participants)	$65,444
ANDERS MINKLER HUBER & HELM LLP3 years Service code 10 · EIN 43-0831507	Accounting	$60,228
ASB CAPITAL MANAGEMENT6+ years Service code 28 · EIN 52-6257033	Investment Management	$57,070
COMMERCE BANK6+ years Service code 28 · EIN 48-0962626	Investment Management	$22,774
MARQUETTE ASSOCIATES6+ years Service code 27 · EIN 36-3485298	Advisory (Plan)	$22,000
AMALGAMATED BANK1 year Filed as: AMALGAMATED BANK OF CHICAGO Service code 28 30 N LASALLE ST · CHICAGO, IL 60602	Investment Management	$15,349
SCHUCHAT, COOK & WERNER1 year Filed as: SCHUCHAT COOK & WERNER Service code 29 555 WASHINGTON AVE STE 520 · ST LOUIS, MO 63101	Legal	$8,682

Plan features & details

Pension benefit codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$426K

$269 / participant

Investment mgmt$245K57.5%
Other / not subdivided$181K42.5%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDERS MINKLER HUBER HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,362

$81,719+70.5%

$101,275+37.6%

$90,274+54.4%

Participation rate

86.7%

80.7%+5.9pp

75.8%+10.8pp

73.4%+13.3pp

Annual return

13.27%

337.64%-324.4pp

46.46%-33.2pp

53.97%-40.7pp

Employer contribution / active EE

$3,622-100.0%

$3,660-100.0%

$2,523-100.0%

Participant deferral / active EE

$4,568

$3,310+38.0%

$4,370+4.5%

$4,231+8.0%

Admin fee / account holder

$242

$162+49.5%

$5,948-95.9%

$114+112.2%

Provider

Service type

Compensation

IBEW-NECA SERVICE CENTER6+ years

Service code 13 · EIN 43-0896804

Contract Administrator

$163,332

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: SCARBOROUGH ALLIANCE GROUP

Service code 26

ONE BRIDGE STREET SUITE 70 · IRVINGTON, NY 10533

Advisory (Participants)

$65,444

ANDERS MINKLER HUBER & HELM LLP3 years

Service code 10 · EIN 43-0831507

Accounting

$60,228

ASB CAPITAL MANAGEMENT6+ years

Service code 28 · EIN 52-6257033

Investment Management

$57,070

COMMERCE BANK6+ years

Service code 28 · EIN 48-0962626

Investment Management

$22,774

MARQUETTE ASSOCIATES6+ years

Service code 27 · EIN 36-3485298

Advisory (Plan)

$22,000

AMALGAMATED BANK1 year

Filed as: AMALGAMATED BANK OF CHICAGO

Service code 28

30 N LASALLE ST · CHICAGO, IL 60602

Investment Management

$15,349

SCHUCHAT, COOK & WERNER1 year

Filed as: SCHUCHAT COOK & WERNER

Service code 29

555 WASHINGTON AVE STE 520 · ST LOUIS, MO 63101

Legal

$8,682

ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1, IBEW- ST. LOUIS CHAPTER NECA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTRICIANS' SALARY DEFERRAL PLAN OF LOCAL 1, IBEW- ST. LOUIS CHAPTER NECA

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