Retirement plan

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

Name: PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS - PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS (2018) 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 2018

810 W MCKAY ST - FRONTENAC, KS 667638105620-232-3799

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$58.5M

+3.0% from 2017

Total participants

1,455

+14.4% from 2017

Average account balance

$46,426

-8.6% from 2017

Annual return

-2.25%

-13.55 pp from 2017

Benchmarks

See 405 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort405 peers

Snapshot2018

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 10 by compensation

Provider	Service type	Compensation
VINEYARD WEALTH MANAGEMENT LLC2 years Service code 27 · EIN 41-2263025	Advisory (Plan)	$109,390
C&J BENEFIT SOLUTIONS1 year Filed as: C&J BENEFITS SOLUTIONS, INC. Service code 13 · EIN 48-0923596 810 W MCKAY ST · FRONTENAC, KS 66763	Contract Administrator	$86,432
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$41,505
MORROW & CO., LLC1 year Filed as: MORROW & CO LLC Service code 10 · EIN 48-1142797 421 E 3RD ST N · WICHITA, KS 67202	Accounting	$36,996
SPENCER FANE LLP2 years Service code 29 · EIN 44-0561981 1000 WALNUT STREET · KANSAS CITY, MO 64106	Legal	$27,664
AMERICAN FUNDS2 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BARON2 years Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
EATON VANCE2 years Service code 52 · EIN 04-6039283	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INC. CO. Service code 60	Sub-TA Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 52	Indirect Investment 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

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

$117K

$92 / participant

Investment mgmt$42K35.4%
Contract admin$86K73.7%

% of EOY assets

0.201%

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

$46,426

$60,396-23.1%

$83,831-44.6%

$75,289-38.3%

Participation rate

84.7%

80.7%+4.0pp

76.1%+8.6pp

72.4%+12.3pp

Annual return

-2.25%

3.84%-6.1pp

850.99%-853.2pp

-0.04%-2.2pp

Employer contribution / active EE

$2,979

$3,343-10.9%

$3,631-18.0%

$2,405+23.9%

Participant deferral / active EE

$880

$2,922-69.9%

$4,082-78.4%

$3,739-76.5%

Admin fee / account holder

$93

$141-34.1%

$5,479-98.3%

$102-9.0%

Provider

Service type

Compensation

VINEYARD WEALTH MANAGEMENT LLC2 years

Service code 27 · EIN 41-2263025

Advisory (Plan)

$109,390

C&J BENEFIT SOLUTIONS1 year

Filed as: C&J BENEFITS SOLUTIONS, INC.

Service code 13 · EIN 48-0923596

810 W MCKAY ST · FRONTENAC, KS 66763

Contract Administrator

$86,432

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$41,505

MORROW & CO., LLC1 year

Filed as: MORROW & CO LLC

Service code 10 · EIN 48-1142797

421 E 3RD ST N · WICHITA, KS 67202

Accounting

$36,996

SPENCER FANE LLP2 years

Service code 29 · EIN 44-0561981

1000 WALNUT STREET · KANSAS CITY, MO 64106

Legal

$27,664

AMERICAN FUNDS2 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BARON2 years

Service code 52 · EIN 13-6891420

Indirect Investment Fees

EATON VANCE2 years

Service code 52 · EIN 04-6039283

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INC. CO.

Service code 60

Sub-TA Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 52

Indirect Investment 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