Retirement plan

PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN

Name: PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN - PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN (2019) Form 5500
Creator: PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN, PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN

PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLANEIN 43-6175719Plan #002PY 2019

3100 BROADWAY SUITE 805 - KANSAS CITY, MO 64111816-756-3313LinkedIn1001-5000 employeesinsurance

Other plans on this EIN

1 filing

#001Retirement-$256.6M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$180.7M

-11.7% from 2017

Total participants

1,431

-1.3% from 2017

Average account balance

$126,254

-10.6% from 2017

Annual return

2.63%

-15.78 pp from 2017

Benchmarks

See 551 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort551 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$301.78M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

1,621

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

$10.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Recordkeep...	$76,729
BLAKE & UHLIG, P.A.4+ years Service code 29 · EIN 48-0918231	Legal	$46,808
RBC WEALTH MANAGEMENT4+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$40,000
WILSON-MCSHANE CORPORATION4+ years Service code 13 · EIN 41-0956552	Contract Administrator	$34,920
CLIFTONLARSONALLEN LLP4+ years Service code 10 · EIN 41-0746749	Accounting	$18,962

Plan features & details

Pension benefit codes2E2F2G2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$268K

$195 / participant

Investment mgmt$77K28.6%
Contract admin$19K7.1%
Other / not subdivided$172K64.3%

% of EOY assets

0.148%

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

$126,254

$95,776+31.8%

$162,185-22.2%

$77,775+62.3%

Participation rate

100.0%

88.6%+11.4pp

87.6%+12.4pp

73.2%+26.8pp

Annual return

2.63%

37.03%-34.4pp

115.61%-113.0pp

32.58%-29.9pp

Employer contribution / active EE

$4,921

$3,874+27.0%

$5,613-12.3%

$2,504+96.5%

Participant deferral / active EE

$6,125-100.0%

$7,297-100.0%

$3,966-100.0%

Admin fee / account holder

$187

$88+113.7%

$10,844-98.3%

$100+87.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Recordkeep...

$76,729

BLAKE & UHLIG, P.A.4+ years

Service code 29 · EIN 48-0918231

Legal

$46,808

RBC WEALTH MANAGEMENT4+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$40,000

WILSON-MCSHANE CORPORATION4+ years

Service code 13 · EIN 41-0956552

Contract Administrator

$34,920

CLIFTONLARSONALLEN LLP4+ years

Service code 10 · EIN 41-0746749

Accounting

$18,962

PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIPE FITTERS LOCAL NO 533 INDIVIDUAL ACCOUNT PLAN

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