Retirement plan

TEAMSTERS LOCAL UNION NO. 541 THRIFT PLAN AND TRUST

Name: INT'L BROTHERHOOD OF TEAMSTERS CWH, LOCAL 541 - TEAMSTERS LOCAL UNION NO. 541 THRIFT PLAN AND TRUST (2017) Form 5500
Creator: INT'L BROTHERHOOD OF TEAMSTERS CWH, LOCAL 541
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEAMSTERS LOCAL UNION NO. 541 THRIFT PLAN AND TRUST, INT'L BROTHERHOOD OF TEAMSTERS CWH, LOCAL 541

INT'L BROTHERHOOD OF TEAMSTERS CWH, LOCAL 541EIN 44-0185897Plan #002PY 2017

4501 EMANUEL CLEAVER II BLVD - KANSAS CITY, MO 641302334816-921-1700

Prospect flagsHigh retiree %High fees

How to read this page

Total assets (EOY)

$980K

+1.1% from 2016

Total participants

-33.3% from 2016

Average account balance

$244,970

+51.7% from 2016

Annual return

9.32%

-1.00 pp from 2016

Benchmarks

See 32,065 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,065 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.73M

Not enough data

1 years with asset history on file

Average account balance

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

$288K

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.

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

$64K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5523

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G

Plan features

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$180K

$89919 / participant

Other / not subdivided$180K100.0%

% of EOY assets

18.353%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$244,970

$99,017+147.4%

$86,587+182.9%

$147,585+66.0%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

9.32%

1312.37%-1303.0pp

964.86%-955.5pp

578.56%-569.2pp

Employer contribution / active EE

$9,298

$3,132+196.9%

$2,839+227.5%

$4,876+90.7%

Participant deferral / active EE

$9,298

$3,972+134.1%

$3,609+157.7%

$5,439+71.0%

Admin fee / account holder

$44,959

$5,710+687.3%

$4,906+816.5%

$10,885+313.0%

TEAMSTERS LOCAL UNION NO. 541 THRIFT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEAMSTERS LOCAL UNION NO. 541 THRIFT PLAN AND TRUST

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