Retirement plan

U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND

Name: TRUSTEES OF U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND - U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND (2018) Form 5500
Creator: TRUSTEES OF U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND, TRUSTEES OF U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND

TRUSTEES OF U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUNDEIN 43-6049855Plan #001PY 2018

2010 N.W. 150TH AVENUE, SUITE 100 - PEMBROKE PINES, FL 33028954-266-6322

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$108.9M

-6.5% from 2017

Total participants

6,764

+6.1% from 2017

Average account balance

No prior year

Annual return

6.07%

-4.69 pp from 2017

Benchmarks

See 84 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined benefit

Participants250-999

Cohort84 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$191.96M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

4,832

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

$966K

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

+338.96%

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 10 of 14 by compensation

Provider	Service type	Compensation
N.E.B.A., INC.2 years Service code 14 · EIN 65-0498809	Plan Administrator	$348,495
MILLIMAN, INC.1 year Service code 11 · EIN 91-0675641	Actuarial	$168,286
THE BANK OF NEW YORK MELLON3+ years Filed as: BANK OF NEW YORK MELLON Service code 19 · EIN 13-5160382	Securities Custodian	$143,359
STRATEGIC CAPITAL INVESTMENT ADVISO3+ years Service code 27 · EIN 36-4268991	Advisory (Plan)	$78,000
SPENCER FANE LLP3+ years Filed as: SPENCER FANE, LLP Service code 29 · EIN 44-0561981	Legal	$65,323
DIANNA CAMPBELL3+ years Service code 30 · EIN 43-6049855	Employee (plan)	$50,548
LEGACY PROFESSIONALS LLP2 years Service code 10 · EIN 32-0043599	Accounting	$36,355
TOP DRAWER, INC.1 year Service code 36 · EIN 59-1550960	Other services; Copying and duplicating	$33,905
NATIONAL INVESTMENT SERVICES1 year Filed as: NATIONAL INVESTMENT SERVICES, INC. Service code 28 · EIN 80-0169636	Investment Management	$25,847
COMMERCE BANK3+ years Service code 28 · EIN 48-0962626	Investment Management	$24,423

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

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

$1.4M

$2593 / participant

Investment mgmt$286K20.5%
Contract admin$334K23.9%
Other / not subdivided$777K55.6%

% of EOY assets

1.284%

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: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,558-100.0%

$98,614-100.0%

$18,026,966-100.0%

Participation rate

0.0%

1.3%-1.3pp

8.8%-8.8pp

1.8%-1.8pp

Annual return

6.07%

-1.21%+7.3pp

-0.41%+6.5pp

0.19%+5.9pp

Employer contribution / active EE

$2,020

$10,104-80.0%

$15,396-86.9%

$13,763-85.3%

Participant deferral / active EE

$121-100.0%

$26-100.0%

$804-100.0%

Admin fee / account holder

$803-100.0%

$2,970-100.0%

$426-100.0%

Provider

Service type

Compensation

N.E.B.A., INC.2 years

Service code 14 · EIN 65-0498809

Plan Administrator

$348,495

MILLIMAN, INC.1 year

Service code 11 · EIN 91-0675641

Actuarial

$168,286

THE BANK OF NEW YORK MELLON3+ years

Filed as: BANK OF NEW YORK MELLON

Service code 19 · EIN 13-5160382

Securities Custodian

$143,359

STRATEGIC CAPITAL INVESTMENT ADVISO3+ years

Service code 27 · EIN 36-4268991

Advisory (Plan)

$78,000

SPENCER FANE LLP3+ years

Filed as: SPENCER FANE, LLP

Service code 29 · EIN 44-0561981

Legal

$65,323

DIANNA CAMPBELL3+ years

Service code 30 · EIN 43-6049855

Employee (plan)

$50,548

LEGACY PROFESSIONALS LLP2 years

Service code 10 · EIN 32-0043599

Accounting

$36,355

TOP DRAWER, INC.1 year

Service code 36 · EIN 59-1550960

Other services; Copying and duplicating

$33,905

NATIONAL INVESTMENT SERVICES1 year

Filed as: NATIONAL INVESTMENT SERVICES, INC.

Service code 28 · EIN 80-0169636

Investment Management

$25,847

COMMERCE BANK3+ years

Service code 28 · EIN 48-0962626

Investment Management

$24,423

U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.F.C.W. DISTRICT UNION LOCAL TWO & EMPLOYERS PENSION FUND

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