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 (2019) 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 2019

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$23.2M

+4.3% from 2018

Total participants

369

+3.9% from 2018

Average account balance

$62,852

+0.3% from 2018

Annual return

4.43%

-10.40 pp from 2018

Benchmarks

See 1,257 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,257 peers

Snapshot2019

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
FIRST NATIONAL BANK OF OMAHA2 years Service code 15 · EIN 47-0259043	Recordkeeping	$41,425
COTTONWOOD ADVISORS, LLC4+ years Service code 16 · EIN 20-4591722	Consulting	$38,491
LUTZ & COMPANY, PC4+ years Filed as: LUTZ AND COMPANY PC Service code 10 · EIN 47-0625816	Accounting	$15,000
KUTAK ROCK LLP4+ years Filed as: KUTAK ROCK, LLP Service code 29 · EIN 47-0597598	Legal	$8,830

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$107K

$348 / participant

Investment mgmt$80K74.9%
Other / not subdivided$27K25.1%

% of EOY assets

0.460%

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

$62,852

$66,650-5.7%

$92,915-32.4%

$67,582-7.0%

Participation rate

100.0%

72.5%+27.5pp

76.0%+24.0pp

71.3%+28.7pp

Annual return

4.43%

92.64%-88.2pp

109.45%-105.0pp

378.57%-374.1pp

Employer contribution / active EE

$2,777-100.0%

$3,653-100.0%

$2,148-100.0%

Participant deferral / active EE

$2,422

$3,160-23.4%

$4,238-42.9%

$3,539-31.6%

Admin fee / account holder

$289

$199+45.3%

$5,796-95.0%

$142+103.3%

Provider

Service type

Compensation

FIRST NATIONAL BANK OF OMAHA2 years

Service code 15 · EIN 47-0259043

Recordkeeping

$41,425

COTTONWOOD ADVISORS, LLC4+ years

Service code 16 · EIN 20-4591722

Consulting

$38,491

LUTZ & COMPANY, PC4+ years

Filed as: LUTZ AND COMPANY PC

Service code 10 · EIN 47-0625816

Accounting

$15,000

KUTAK ROCK LLP4+ years

Filed as: KUTAK ROCK, LLP

Service code 29 · EIN 47-0597598

Legal

$8,830

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