Retirement plan

PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PLAN

Name: BOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION P - PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PLAN (2018) Form 5500
Creator: BOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION P
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PLAN, BOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION P

BOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PEIN 47-0822012Plan #002PY 2018

4801 F STREET - OMAHA, NE 681171406402-341-8771

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$22.2M

+13.4% from 2017

Total participants

355

+0.6% from 2017

Average account balance

$62,662

+12.8% from 2017

Annual return

14.83%

+0.72 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.37M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

407

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.

52.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+3.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$292

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
COTTONWOOD ADVISORS, LLC3+ years Service code 16 · EIN 20-4591722	Consulting	$40,192
FIRST NATIONAL BANK OF OMAHA1 year Service code 15 · EIN 47-0259043	Recordkeeping	$32,213
LUTZ & COMPANY, PC3+ years Filed as: LUTZ AND COMPANY PC Service code 10 · EIN 47-0625816	Accounting	$32,199
KUTAK ROCK LLP3+ years Filed as: KUTAK ROCK, LLP Service code 29 · EIN 47-0597598	Legal	$7,409

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$120K

$412 / participant

Investment mgmt$72K60.2%
Other / not subdivided$48K39.8%

% of EOY assets

0.541%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LUTZ & COMPANY, PC
Auditor EIN: 470625816
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,662

$56,443+11.0%

$83,831-25.3%

$55,725+12.4%

Participation rate

100.0%

72.0%+28.0pp

76.1%+23.9pp

70.9%+29.1pp

Annual return

14.83%

393.67%-378.8pp

850.99%-836.2pp

244.93%-230.1pp

Employer contribution / active EE

$2,682-100.0%

$3,631-100.0%

$2,078-100.0%

Participant deferral / active EE

$2,272

$2,965-23.4%

$4,082-44.3%

$3,356-32.3%

Admin fee / account holder

$339

$156+116.9%

$5,479-93.8%

$115+194.2%

Provider

Service type

Compensation

COTTONWOOD ADVISORS, LLC3+ years

Service code 16 · EIN 20-4591722

Consulting

$40,192

FIRST NATIONAL BANK OF OMAHA1 year

Service code 15 · EIN 47-0259043

Recordkeeping

$32,213

LUTZ & COMPANY, PC3+ years

Filed as: LUTZ AND COMPANY PC

Service code 10 · EIN 47-0625816

Accounting

$32,199

KUTAK ROCK LLP3+ years

Filed as: KUTAK ROCK, LLP

Service code 29 · EIN 47-0597598

Legal

$7,409

PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION 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