Retirement plan

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS

Name: PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS - PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS (2021) 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 2021

625 ENTERPRISE DR - OAK BROOK, IL 605238813316-265-4291

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$83.2M

+14.5% from 2020

Total participants

1,469

+4.0% from 2020

Average account balance

$56,612

+10.2% from 2020

Annual return

12.47%

+2.38 pp from 2020

Benchmarks

See 479 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort479 peers

Snapshot2021

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 9 by compensation

Provider	Service type	Compensation
SPENCER FANE LLP5 years Service code 29 · EIN 44-0561981 1000 WALNUT ST · KANSAS CITY, MO 64106	Legal	$147,413
VINEYARD WEALTH MANAGEMENT LLC5 years Service code 27 · EIN 41-2263025	Advisory (Plan)	$119,509
BMGI2 years Service code 13 625 ENTERPRISE DR · OAK BROOK, IL 60523	Contract Administrator	$55,497
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$50,411
MORROW & CO., LLC4 years Filed as: MORROW & CO LLC Service code 10 · EIN 48-1142797 421 E 3RD ST N · WICHITA, KS 67202	Accounting	$18,907
WASHINGTON CAPITAL MANAGEMENT, INC.1 year Filed as: WASHINGTON STREET INSURANCE GROUP Service code 23 P.O. BOX 360 · PALOS PARK, IL 60464	Direct payment from the plan; Insuran...	$8,595
AMERICAN FUNDS5 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BARON5 years Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
EATON VANCE5 years Service code 52 · EIN 04-6039283	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

$151K

$122 / participant

Investment mgmt$50K33.4%
Contract admin$55K36.7%
Other / not subdivided$45K29.9%

% of EOY assets

0.182%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MORROW & CO LLC CPAS
Auditor EIN: 481142797
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,612

$88,770-36.2%

$109,173-48.1%

$93,010-39.1%

Participation rate

100.0%

81.5%+18.5pp

75.9%+24.1pp

73.9%+26.1pp

Annual return

12.47%

60.64%-48.2pp

25.75%-13.3pp

158.70%-146.2pp

Employer contribution / active EE

$3,529

$3,780-6.6%

$3,723-5.2%

$2,705+30.4%

Participant deferral / active EE

$958

$3,630-73.6%

$4,654-79.4%

$4,561-79.0%

Admin fee / account holder

$103

$172-40.3%

$6,755-98.5%

$152-32.2%

Provider

Service type

Compensation

SPENCER FANE LLP5 years

Service code 29 · EIN 44-0561981

1000 WALNUT ST · KANSAS CITY, MO 64106

Legal

$147,413

VINEYARD WEALTH MANAGEMENT LLC5 years

Service code 27 · EIN 41-2263025

Advisory (Plan)

$119,509

BMGI2 years

Service code 13

625 ENTERPRISE DR · OAK BROOK, IL 60523

Contract Administrator

$55,497

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$50,411

MORROW & CO., LLC4 years

Filed as: MORROW & CO LLC

Service code 10 · EIN 48-1142797

421 E 3RD ST N · WICHITA, KS 67202

Accounting

$18,907

WASHINGTON CAPITAL MANAGEMENT, INC.1 year

Filed as: WASHINGTON STREET INSURANCE GROUP

Service code 23

P.O. BOX 360 · PALOS PARK, IL 60464

Direct payment from the plan; Insuran...

$8,595

AMERICAN FUNDS5 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BARON5 years

Service code 52 · EIN 13-6891420

Indirect Investment Fees

EATON VANCE5 years

Service code 52 · EIN 04-6039283

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