Retirement plan

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

Name: PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS - PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS (2020) 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 2020

1520 KENSINGTON RD STE 200 - OAK BROOK, IL 605232197316-265-4291

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$72.6M

+8.1% from 2019

Total participants

1,413

-0.6% from 2019

Average account balance

$51,395

+8.8% from 2019

Annual return

10.09%

-4.67 pp from 2019

Benchmarks

See 458 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort458 peers

Snapshot2020

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

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
VINEYARD WEALTH MANAGEMENT LLC1 year Filed as: VINEYARD WEALTH MANAGMENT LLC Service code 27	Advisory (Plan)	$114,141
SPENCER FANE LLP4 years Service code 29 · EIN 44-0561981 1000 WALNUT STREET · KANSAS CITY, MO 64106	Legal	$70,698
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$48,694
BMGI1 year Service code 13 1520 KENSINGTON RD STE 200 · OAK BROOK, IL 60523	Contract Administrator	$47,726
MORROW & CO., LLC3 years Filed as: MORROW & CO LLC Service code 10 · EIN 48-1142797 421 E 3RD ST N · WICHITA, KS 67202	Accounting	$18,602
AMERICAN FUNDS4 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BARON4 years Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
EATON VANCE4 years Service code 52 · EIN 04-6039283	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52	Indirect Investment Fees	$0
VINEYARD WEALTH MANAGEMENT LLC4 years Service code 27 · EIN 41-2263025	Advisory (Plan)	$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

$71K

$58 / participant

Investment mgmt$46K64.1%
Contract admin$48K66.8%

% of EOY assets

0.098%

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 CPAS
Auditor EIN: 481142797
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,395

$81,719-37.1%

$101,275-49.3%

$90,274-43.1%

Participation rate

100.0%

80.7%+19.3pp

75.8%+24.2pp

73.4%+26.6pp

Annual return

10.09%

337.64%-327.5pp

46.48%-36.4pp

53.97%-43.9pp

Employer contribution / active EE

$2,915

$3,622-19.5%

$3,660-20.3%

$2,523+15.5%

Participant deferral / active EE

$835

$3,310-74.8%

$4,371-80.9%

$4,231-80.3%

Admin fee / account holder

$51

$162-68.8%

$5,948-99.1%

$114-55.6%

Provider

Service type

Compensation

VINEYARD WEALTH MANAGEMENT LLC1 year

Filed as: VINEYARD WEALTH MANAGMENT LLC

Service code 27

Advisory (Plan)

$114,141

SPENCER FANE LLP4 years

Service code 29 · EIN 44-0561981

1000 WALNUT STREET · KANSAS CITY, MO 64106

Legal

$70,698

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$48,694

BMGI1 year

Service code 13

1520 KENSINGTON RD STE 200 · OAK BROOK, IL 60523

Contract Administrator

$47,726

MORROW & CO., LLC3 years

Filed as: MORROW & CO LLC

Service code 10 · EIN 48-1142797

421 E 3RD ST N · WICHITA, KS 67202

Accounting

$18,602

AMERICAN FUNDS4 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BARON4 years

Service code 52 · EIN 13-6891420

Indirect Investment Fees

EATON VANCE4 years

Service code 52 · EIN 04-6039283

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52

Indirect Investment Fees

VINEYARD WEALTH MANAGEMENT LLC4 years

Service code 27 · EIN 41-2263025

Advisory (Plan)

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