Retirement plan

INSULATORS & ALLIED WORKERS LOCAL 39 MONEY PURCHASE PENSION PLAN

Name: TRUSTEES OF INSULATORS & ALLIED WORKERS LOCAL 39 PENSION PLAN - INSULATORS & ALLIED WORKERS LOCAL 39 MONEY PURCHASE PENSION PLAN (2024) Form 5500
Creator: TRUSTEES OF INSULATORS & ALLIED WORKERS LOCAL 39 PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSULATORS & ALLIED WORKERS LOCAL 39 MONEY PURCHASE PENSION PLAN, TRUSTEES OF INSULATORS & ALLIED WORKERS LOCAL 39 PENSION PLAN

TRUSTEES OF INSULATORS & ALLIED WORKERS LOCAL 39 PENSION PLANEIN 47-0438021Plan #002PY 2024

PO BOX 390776 - OMAHA, NE 681390776402-333-6960

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$51.4M

+14.3% from 2023

Total participants

181

-8.1% from 2023

Average account balance

$283,731

+9.8% from 2023

Annual return

14.11%

-5.16 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.36M

Not enough data

1 years with asset history on file

Average account balance

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

$284K

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.

181

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

$2.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$620

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 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5 years Filed as: VANGUARD FIDUCIARY SERVICES Service code 13 · EIN 23-2186884 PO BOX 1101 · VALLEY FORGE, PA 19482	Contract Administrator	$74,709
FIDUCIENT ADVISORS LLC4 years Service code 20 · EIN 36-4001764 500 W MADISON STREET, STE 3855 · CHICAGO, IL 60661	Trustee (individual)	$23,000
FORVIS, LLP2 years Filed as: FORVIS MAZARS LLP Service code 10 · EIN 44-0160260 PO BOX 200670 · DALLAS, TX 753200870	Accounting	$8,663
DOUG KUHLERS TAX & ACCOUNTING, INC.3 years Service code 10 · EIN 20-8243033 PO BOX 390776 · OMAHA, NE 681390776	Accounting	$5,285

Plan features & details

Pension benefit codes2C2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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 assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$112K

$620 / participant

Investment mgmt$23K20.5%
Contract admin$75K66.5%
Other / not subdivided$15K13.0%

% of EOY assets

0.219%

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: FORVIS MAZARS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$283,731

$80,748+251.4%

$102,383+177.1%

$74,429+281.2%

Participation rate

100.0%

65.7%+34.3pp

74.5%+25.5pp

67.2%+32.8pp

Annual return

14.11%

27.57%-13.5pp

24.94%-10.8pp

1368.38%-1354.3pp

Employer contribution / active EE

$14,327

$3,159+353.5%

$3,870+270.2%

$2,625+445.8%

Participant deferral / active EE

$3,861-100.0%

$5,060-100.0%

$4,348-100.0%

Admin fee / account holder

$620

$2,371-73.8%

$8,391-92.6%

$1,944-68.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5 years

Filed as: VANGUARD FIDUCIARY SERVICES

Service code 13 · EIN 23-2186884

PO BOX 1101 · VALLEY FORGE, PA 19482

Contract Administrator

$74,709

FIDUCIENT ADVISORS LLC4 years

Service code 20 · EIN 36-4001764

500 W MADISON STREET, STE 3855 · CHICAGO, IL 60661

Trustee (individual)

$23,000

FORVIS, LLP2 years

Filed as: FORVIS MAZARS LLP

Service code 10 · EIN 44-0160260

PO BOX 200670 · DALLAS, TX 753200870

Accounting

$8,663

DOUG KUHLERS TAX & ACCOUNTING, INC.3 years

Service code 10 · EIN 20-8243033

PO BOX 390776 · OMAHA, NE 681390776

Accounting

$5,285

INSULATORS & ALLIED WORKERS LOCAL 39 MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INSULATORS & ALLIED WORKERS LOCAL 39 MONEY PURCHASE PENSION 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