Retirement plan

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULA AND ALLIED WORKERS LOCAL NO. 1 PENSION PLAN

Name: INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORK - INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULA AND ALLIED WORKERS LOCAL NO. 1 PENSION PLAN (2024) Form 5500
Creator: INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULA AND ALLIED WORKERS LOCAL NO. 1 PENSION PLAN, INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORK

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKdba LOCAL NO. 1 PENSION PLANEIN 43-6027860Plan #001PY 2024

502 EARTH CITY EXPRESSWAY, SUITE 20 - EARTH CITY, MO 630451315314-344-8899LinkedIn1-10 employeesconstruction

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$156.6M

+18.1% from 2023

Total participants

768

+1.9% from 2023

Average account balance

No prior year

Annual return

20.86%

+12.18 pp from 2023

Benchmarks

See 260 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants250-999

Cohort260 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$156.60M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

377

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+20.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
ZENITH AMERICAN SOLUTIONS9+ years Service code 13 · EIN 52-1590516 502 EARTH CITY EXPRESSWAY · EARTH CITY, MO 63025	Contract Administrator	$131,894
COMMERCE BANK9+ years Service code 28 · EIN 43-0407800 8000 FORSYTHE · CLAYTON, MO 63105	Investment Management	$66,431
INVESTMENT CONSULTING SERVICES, LLC1 year Service code 27 · EIN 32-0016703 2215 YORK ROAD SUITE 206 · OAK BROOK, IL 60523	Advisory (Plan)	$53,000
SILVERCREST ASSET MANAGEMENT GROUP2 years Service code 28 · EIN 45-5146560 1330 AVENUE OF THE AMERICAS, FLR 38 · NEW YORK, NY 10019	Investment Management	$37,614
EKON BENEFITS9+ years Service code 11 · EIN 43-1317863 4940 WASHINGTON AVE · ST LOUIS, MO 63108	Actuarial	$35,770
HAMMOND AND SHINNERS, P.C.6 years Filed as: HAMMOND & SHINNERS Service code 29 · EIN 43-1429257 13205 MANCHESTER RD STE 210 · ST LOUIS, MO 63131	Legal	$23,495
AMALGAMATED BANK2 years Filed as: AMALGAMATED BANK OF CHICAGO Service code 28 · EIN 36-0721895 30 N LASALLE ST · CHICAGO, IL 60602	Investment Management	$22,500
GRABEL SCHNIEDERS HOLLMAN & CO3 years Filed as: GRABEL SCHNIEDERS HOLLMAN & CO PC Service code 10 · EIN 43-1171178 206 W. ARGONNE · KIRKWOOD, MO 63122	Accounting	$12,723

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B1E

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1E
Section 401(h) arrangement
Plan contains separate accounts under Code section 401(h) to provide employee health benefits.

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$503K

$1287 / participant

Investment mgmt$231K45.9%
Legal$22K4.5%
Actuarial$36K7.1%
Other trustee fees$8K1.6%
Contract admin$99K19.6%
Other / not subdivided$107K21.3%

% of EOY assets

0.321%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRABEL SCHNIEDERS HOLLMAN & CO PC
Auditor EIN: 431171178
Audit fees: $27,483
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,416-100.0%

Participation rate

0.0%

0.0%0pp

32.7%-32.7pp

0.0%0pp

Annual return

20.86%

11.08%+9.8pp

8.10%+12.8pp

8.76%+12.1pp

Employer contribution / active EE

$17,185

$13,910+23.5%

$28,649-40.0%

$16,650+3.2%

Participant deferral / active EE

$6,458-100.0%

$10-100.0%

$948-100.0%

Admin fee / account holder

$60,136-100.0%

Provider

Service type

Compensation

ZENITH AMERICAN SOLUTIONS9+ years

Service code 13 · EIN 52-1590516

502 EARTH CITY EXPRESSWAY · EARTH CITY, MO 63025

Contract Administrator

$131,894

COMMERCE BANK9+ years

Service code 28 · EIN 43-0407800

8000 FORSYTHE · CLAYTON, MO 63105

Investment Management

$66,431

INVESTMENT CONSULTING SERVICES, LLC1 year

Service code 27 · EIN 32-0016703

2215 YORK ROAD SUITE 206 · OAK BROOK, IL 60523

Advisory (Plan)

$53,000

SILVERCREST ASSET MANAGEMENT GROUP2 years

Service code 28 · EIN 45-5146560

1330 AVENUE OF THE AMERICAS, FLR 38 · NEW YORK, NY 10019

Investment Management

$37,614

EKON BENEFITS9+ years

Service code 11 · EIN 43-1317863

4940 WASHINGTON AVE · ST LOUIS, MO 63108

Actuarial

$35,770

HAMMOND AND SHINNERS, P.C.6 years

Filed as: HAMMOND & SHINNERS

Service code 29 · EIN 43-1429257

13205 MANCHESTER RD STE 210 · ST LOUIS, MO 63131

Legal

$23,495

AMALGAMATED BANK2 years

Filed as: AMALGAMATED BANK OF CHICAGO

Service code 28 · EIN 36-0721895

30 N LASALLE ST · CHICAGO, IL 60602

Investment Management

$22,500

GRABEL SCHNIEDERS HOLLMAN & CO3 years

Filed as: GRABEL SCHNIEDERS HOLLMAN & CO PC

Service code 10 · EIN 43-1171178

206 W. ARGONNE · KIRKWOOD, MO 63122

Accounting

$12,723

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULA AND ALLIED WORKERS LOCAL NO. 1 PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULA AND ALLIED WORKERS LOCAL NO. 1 PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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