Retirement plan

OPERATING ENGINEERS LOCAL 101 PENSION FUND

Name: BOARD OF TRUSTEES OF OPERATING ENGINEERS LOCAL 101 PENSION FUND - OPERATING ENGINEERS LOCAL 101 PENSION FUND (2020) Form 5500
Creator: BOARD OF TRUSTEES OF OPERATING ENGINEERS LOCAL 101 PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPERATING ENGINEERS LOCAL 101 PENSION FUND, BOARD OF TRUSTEES OF OPERATING ENGINEERS LOCAL 101 PENSION FUND

BOARD OF TRUSTEES OF OPERATING ENGINEERS LOCAL 101 PENSION FUNDEIN 43-6059213Plan #001PY 2020

6601 WINCHESTER, SUITE 250 - KANSAS CITY, MO 641334657816-737-5959

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$889.6M

-2.1% from 2016

Total participants

6,699

-3.1% from 2016

Average account balance

No prior year

Annual return

4.11%

-4.13 pp from 2016

Benchmarks

See 159 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort159 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.00B

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

3,877

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

$48.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+9.98%

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 31 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS1 year Filed as: SIERRA INVESTMENT PARTNERS INC Service code 28 · EIN 68-0370668	Investment Management	$913,606
FRANKLIN TEMPLETON6+ years Filed as: CLARION PARTNERS Service code 28 · EIN 13-4087331	Investment Management	$510,590
THE BANK OF NEW YORK MELLON1 year Filed as: BANK OF NEW YORK MELLON Service code 19 · EIN 13-5160382	Securities Custodian	$424,171
COMPUSYS OF UTAH, INC.1 year Filed as: COMPUSYS OF UTAH, INC Service code 13 · EIN 84-0869853	Contract Administrator	$360,081
JP MORGAN INVESTMENT MANAGEMENT INC5 years Filed as: J.P. MORGAN INVESTMENT MANAGEMENT Service code 27 · EIN 13-3200244	Advisory (Plan)	$279,099
BLAKE & UHLIG, P.A.6+ years Service code 29 · EIN 48-0918231	Legal	$181,153
PARAMETRIC PORTFOLIO ASSOCIATES LLC4 years Service code 28 · EIN 20-0292745	Investment Management	$179,512
AON CONSULTING1 year Filed as: AON HEWITT INVESTMENT CONSULTING IN Service code 16 · EIN 36-3109431	Consulting	$165,625
MARTINGALE ASSET MANAGEMENT, L.P.6+ years Service code 28 · EIN 04-2956583	Investment Management	$157,621
PATHWAY MANAGEMENT6+ years Service code 49 · EIN 48-1252823	Other Services	$143,548

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

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

$4.0M

$1381 / participant

Investment mgmt$3M72.0%
Contract admin$334K8.3%
Other / not subdivided$795K19.7%

% of EOY assets

0.453%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,072-100.0%

Participation rate

0.0%

0.0%0pp

33.1%-33.1pp

0.0%0pp

Annual return

4.11%

6.82%-2.7pp

8.01%-3.9pp

12.86%-8.8pp

Employer contribution / active EE

$11,602

$12,695-8.6%

$29,476-60.6%

$13,687-15.2%

Participant deferral / active EE

$735-100.0%

$833-100.0%

Admin fee / account holder

$630-100.0%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS1 year

Filed as: SIERRA INVESTMENT PARTNERS INC

Service code 28 · EIN 68-0370668

Investment Management

$913,606

FRANKLIN TEMPLETON6+ years

Filed as: CLARION PARTNERS

Service code 28 · EIN 13-4087331

Investment Management

$510,590

THE BANK OF NEW YORK MELLON1 year

Filed as: BANK OF NEW YORK MELLON

Service code 19 · EIN 13-5160382

Securities Custodian

$424,171

COMPUSYS OF UTAH, INC.1 year

Filed as: COMPUSYS OF UTAH, INC

Service code 13 · EIN 84-0869853

Contract Administrator

$360,081

JP MORGAN INVESTMENT MANAGEMENT INC5 years

Filed as: J.P. MORGAN INVESTMENT MANAGEMENT

Service code 27 · EIN 13-3200244

Advisory (Plan)

$279,099

BLAKE & UHLIG, P.A.6+ years

Service code 29 · EIN 48-0918231

Legal

$181,153

PARAMETRIC PORTFOLIO ASSOCIATES LLC4 years

Service code 28 · EIN 20-0292745

Investment Management

$179,512

AON CONSULTING1 year

Filed as: AON HEWITT INVESTMENT CONSULTING IN

Service code 16 · EIN 36-3109431

Consulting

$165,625

MARTINGALE ASSET MANAGEMENT, L.P.6+ years

Service code 28 · EIN 04-2956583

Investment Management

$157,621

PATHWAY MANAGEMENT6+ years

Service code 49 · EIN 48-1252823

Other Services

$143,548

OPERATING ENGINEERS LOCAL 101 PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPERATING ENGINEERS LOCAL 101 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