Retirement plan

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

Name: PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS - PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS (2015) Form 5500
Creator: PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS, PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSASEIN 48-0923596Plan #001PY 2015

810B W MCKAY ST - FRONTENAC, KS 667638105316-264-2339

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$46.8M

No prior year

Total participants

1,192

No prior year

Average account balance

$44,231

No prior year

Annual return

0.84%

No prior year

Benchmarks

See 297 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort297 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$99.44M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

1,816

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

$8.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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
C&J BENEFIT SOLUTIONS1+ years Filed as: C&J BENEFIT SOLUTIONS, INC Service code 13 · EIN 48-0923596 810B WEST MCKAY ST · FRONTENAC, KS 66763	Contract Administrator	$82,317
SPENCER FANE LLP1+ years Filed as: SPENCER FANE BRITT & BROWNE LLP Service code 29 · EIN 44-0561981 1000 WALNUT STREET SUITE 1400 · KANSAS CITY, MO 64106	Legal	$65,715
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$38,368
MORROW & CO., LLC1+ years Service code 10 · EIN 48-1142797 421 E 3RD ST N · WICHITA, KS 67202	Accounting	$16,350
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$191K

$178 / participant

Investment mgmt$38K20.1%
Contract admin$82K43.2%
Other / not subdivided$70K36.7%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

2 / 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: MORROW & CO., LLC CPA'S
Auditor EIN: 481142797
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,231

$55,516-20.3%

$75,784-41.6%

$59,188-25.3%

Participation rate

87.5%

73.6%+13.9pp

75.8%+11.7pp

69.4%+18.1pp

Annual return

0.84%

-1.89%+2.7pp

9.68%-8.8pp

5.51%-4.7pp

Employer contribution / active EE

$2,671

$2,604+2.6%

$3,323-19.6%

$2,098+27.3%

Participant deferral / active EE

$742

$2,599-71.4%

$3,652-79.7%

$3,265-77.3%

Admin fee / account holder

$180

$110+63.6%

$5,300-96.6%

$92+95.1%

Provider

Service type

Compensation

C&J BENEFIT SOLUTIONS1+ years

Filed as: C&J BENEFIT SOLUTIONS, INC

Service code 13 · EIN 48-0923596

810B WEST MCKAY ST · FRONTENAC, KS 66763

Contract Administrator

$82,317

SPENCER FANE LLP1+ years

Filed as: SPENCER FANE BRITT & BROWNE LLP

Service code 29 · EIN 44-0561981

1000 WALNUT STREET SUITE 1400 · KANSAS CITY, MO 64106

Legal

$65,715

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$38,368

MORROW & CO., LLC1+ years

Service code 10 · EIN 48-1142797

421 E 3RD ST N · WICHITA, KS 67202

Accounting

$16,350

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO

Service code 60

Sub-TA Fees

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

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