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 (2022) 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 2022

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$221.3M

-7.0% from 2016

Total participants

2,209

-2.1% from 2016

Average account balance

$100,159

-6.1% from 2016

Annual return

-17.28%

-6.25 pp from 2016

Benchmarks

See 502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort502 peers

Snapshot2022

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 6 by compensation

Provider	Service type	Compensation
IBEW-NECA SERVICE CENTER8+ years Service code 13 · EIN 43-0896804	Contract Administrator	$65,458
ALLIANCE PENSION CONSULTANTS, LLC3 years Filed as: SCARBOROUGH ALLIANCE GROUP Service code 26 ONE BRIDGE STREET SUITE 70 · IRVINGTON, NY 10533	Advisory (Participants)	$65,444
PRUDENTIAL RETIREMENT INSURANCE AND2 years Service code 15 · EIN 06-1050034	Recordkeeping	$58,140
MARQUETTE ASSOCIATES8+ years Service code 27 · EIN 36-3485298	Advisory (Plan)	$22,000
ANDERS MINKLER HUBER & HELM LLP5 years Service code 10 · EIN 43-0831507	Accounting	$21,449
COMMERCE BANK8+ years Service code 28 · EIN 48-0962626	Investment Management	$11,288

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$347K

$175 / participant

Investment mgmt$166K47.9%
Contract admin$58K16.7%
Other / not subdivided$123K35.4%

% of EOY assets

0.157%

all-in expense ratio

Categories reported

2 / 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

$100,159

$76,774+30.5%

$112,270-10.8%

$77,906+28.6%

Participation rate

100.0%

80.2%+19.8pp

75.1%+24.9pp

73.7%+26.3pp

Annual return

-17.28%

-10.25%-7.0pp

27.49%-44.8pp

12.16%-29.4pp

Employer contribution / active EE

$3,977-100.0%

$3,635-100.0%

$2,846-100.0%

Participant deferral / active EE

$4,862

$3,778+28.7%

$4,729+2.8%

$4,805+1.2%

Admin fee / account holder

$157

$239-34.2%

$6,411-97.5%

$133+18.6%

Provider

Service type

Compensation

IBEW-NECA SERVICE CENTER8+ years

Service code 13 · EIN 43-0896804

Contract Administrator

$65,458

ALLIANCE PENSION CONSULTANTS, LLC3 years

Filed as: SCARBOROUGH ALLIANCE GROUP

Service code 26

ONE BRIDGE STREET SUITE 70 · IRVINGTON, NY 10533

Advisory (Participants)

$65,444

PRUDENTIAL RETIREMENT INSURANCE AND2 years

Service code 15 · EIN 06-1050034

Recordkeeping

$58,140

MARQUETTE ASSOCIATES8+ years

Service code 27 · EIN 36-3485298

Advisory (Plan)

$22,000

ANDERS MINKLER HUBER & HELM LLP5 years

Service code 10 · EIN 43-0831507

Accounting

$21,449

COMMERCE BANK8+ years

Service code 28 · EIN 48-0962626

Investment Management

$11,288

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