Retirement plan

STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLAN

Name: STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K)PLAN BOARD - STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLAN (2017) Form 5500
Creator: STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K)PLAN BOARD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLAN, STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K)PLAN BOARD

STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K)PLAN BOARDEIN 47-0799180Plan #002PY 2017

8960 L STREET, SUITE 101 - OMAHA, NE 68127402-592-3753

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$52.8M

+13.9% from 2016

Total participants

1,256

+7.3% from 2016

Average account balance

$46,353

+17.1% from 2016

Annual return

12.83%

+15.32 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$110.30M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

1,623

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+4.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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
FIRST NATIONAL BANK OF OMAHA2+ years Service code 15 · EIN 47-0258043 1620 DODGE STREET · OMAHA, NE 68197	Recordkeeping	$117,530
BENESYS, INC.2+ years Filed as: BENESYS Service code 15 · EIN 38-2383171	Recordkeeping	$56,178
BLAKE & UHLIG, P.A.2+ years Filed as: BLAKE & UHLIG, PA Service code 29 · EIN 48-0918231 475 NEW BROTHERHOOD BLDG., 753 STAT · KANSAS CITY, KS 66101	Legal	$39,326
O'DONNELL FICENEC WILLS & FERDIG2+ years Filed as: O'DONNELL, FICENEC Service code 10 · EIN 47-0387937 4815 SOUTH 107TH AVENUE · OMAHA, NE 68127	Accounting	$32,341
INVESTMENT CONSULTING GROUP2+ years Service code 16 · EIN 47-1358707 5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807	Consulting	$5,000

Plan features & details

Pension benefit codes2E2F2G2J

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$256K

$222 / participant

Investment mgmt$123K47.8%
Other / not subdivided$134K52.2%

% of EOY assets

0.486%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: O'DONNELL, FICENEC, WILLS & FERDIG,
Auditor EIN: 470387937
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,353

$221,442-79.1%

$92,240-49.7%

$77,958-40.5%

Participation rate

89.9%

79.6%+10.3pp

76.5%+13.4pp

71.6%+18.2pp

Annual return

12.83%

15.65%-2.8pp

176.29%-163.5pp

20.87%-8.0pp

Employer contribution / active EE

$1,703

$3,226-47.2%

$3,680-53.7%

$2,310-26.3%

Participant deferral / active EE

$664

$2,779-76.1%

$3,897-83.0%

$3,537-81.2%

Admin fee / account holder

$225

$210+7.4%

$5,194-95.7%

$97+131.2%

Provider

Service type

Compensation

FIRST NATIONAL BANK OF OMAHA2+ years

Service code 15 · EIN 47-0258043

1620 DODGE STREET · OMAHA, NE 68197

Recordkeeping

$117,530

BENESYS, INC.2+ years

Filed as: BENESYS

Service code 15 · EIN 38-2383171

Recordkeeping

$56,178

BLAKE & UHLIG, P.A.2+ years

Filed as: BLAKE & UHLIG, PA

Service code 29 · EIN 48-0918231

475 NEW BROTHERHOOD BLDG., 753 STAT · KANSAS CITY, KS 66101

Legal

$39,326

O'DONNELL FICENEC WILLS & FERDIG2+ years

Filed as: O'DONNELL, FICENEC

Service code 10 · EIN 47-0387937

4815 SOUTH 107TH AVENUE · OMAHA, NE 68127

Accounting

$32,341

INVESTMENT CONSULTING GROUP2+ years

Service code 16 · EIN 47-1358707

5117 JERSEY RIDGE ROAD, SUITE 1 · DAVENPORT, IA 52807

Consulting

$5,000

STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) 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