Retirement plan

RETAIL WHOLESALE AND DEPARTMENT UNION STAFF RETIREMENT PLAN

Name: COMMITTEE OF THE RETAIL WHOLESALE & DEPARTMENT STORE UNION AFL-CIO - RETAIL WHOLESALE AND DEPARTMENT UNION STAFF RETIREMENT PLAN (2015) Form 5500
Creator: COMMITTEE OF THE RETAIL WHOLESALE & DEPARTMENT STORE UNION AFL-CIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETAIL WHOLESALE AND DEPARTMENT UNION STAFF RETIREMENT PLAN, COMMITTEE OF THE RETAIL WHOLESALE & DEPARTMENT STORE UNION AFL-CIO

COMMITTEE OF THE RETAIL WHOLESALE & DEPARTMENT STORE UNION AFL-CIOEIN 51-6041432Plan #001PY 2015

370 7TH AVENUE SUITE 501 - NEW YORK, NY 100013967212-684-5300

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$23.4M

No prior year

Total participants

133

No prior year

Average account balance

$175,796

No prior year

Annual return

-2.16%

No prior year

Benchmarks

See 1,412 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,412 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.68M

Not enough data

1 years with asset history on file

Average account balance

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

$283K

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.

126

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

$2.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$760

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 6 by compensation

Provider	Service type	Compensation
COLUMBIA1+ years Filed as: COLUMBIA MGMT INVESTMENT ADVISORS Service code 20 · EIN 41-1533211 PO BOX 1450 · MINNEAPOLIS, MN 55485	Trustee (individual)	$65,124
FORVIS, LLP1+ years Filed as: WEISERMAZARS LLP Service code 10 · EIN 13-1459550 135 WEST 50TH STREET · NEW YORK, NY 10020	Accounting	$33,880
WESTERN ASSET MANAGEMENT COMPANY1+ years Filed as: WESTERN ASSET MANAGEMENT CO Service code 20 · EIN 95-2705767 PO BOX 894139 · LOS ANGELES, CA 90189	Trustee (individual)	$28,753
GALLAGHER FIDUCIARY ADVISORS, LLC1+ years Filed as: GALLAGHER FIDUCIARY ADVISORS Service code 17 805 15TH STREET NW · WASHINGTON, DC 20005	Pension Consulting	$12,500
AMALGAMATED BANK1+ years Service code 18 · EIN 13-4920330 275 SEVENTH AVENUE · NEW YORK, NY 10001	Custodial (other than securities)	$10,180
PALMER-TANNO AGENCY, INC.1+ years Service code 19 33 WEST MAIN ST SUITE 408 · ELMSFORD, NY 10523	Securities Custodian	$7,762

Plan features & details

Pension benefit codes2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$159K

$1433 / participant

Investment mgmt$117K73.3%
Other / not subdivided$42K26.7%

% of EOY assets

0.680%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEISERMAZARS LLP
Auditor EIN: 131459550
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$175,796

$41,854+320.0%

$73,836+138.1%

$52,331+235.9%

Participation rate

100.0%

66.2%+33.8pp

73.4%+26.6pp

68.1%+31.9pp

Annual return

-2.16%

2.11%-4.3pp

2268.06%-2270.2pp

4.54%-6.7pp

Employer contribution / active EE

$9,654

$1,920+402.8%

$2,787+246.3%

$1,882+413.0%

Participant deferral / active EE

$5,085

$2,498+103.5%

$3,583+41.9%

$3,022+68.2%

Admin fee / account holder

$1,196

$493+142.7%

$4,882-75.5%

$592+102.1%

Provider

Service type

Compensation

COLUMBIA1+ years

Filed as: COLUMBIA MGMT INVESTMENT ADVISORS

Service code 20 · EIN 41-1533211

PO BOX 1450 · MINNEAPOLIS, MN 55485

Trustee (individual)

$65,124

FORVIS, LLP1+ years

Filed as: WEISERMAZARS LLP

Service code 10 · EIN 13-1459550

135 WEST 50TH STREET · NEW YORK, NY 10020

Accounting

$33,880

WESTERN ASSET MANAGEMENT COMPANY1+ years

Filed as: WESTERN ASSET MANAGEMENT CO

Service code 20 · EIN 95-2705767

PO BOX 894139 · LOS ANGELES, CA 90189

Trustee (individual)

$28,753

GALLAGHER FIDUCIARY ADVISORS, LLC1+ years

Filed as: GALLAGHER FIDUCIARY ADVISORS

Service code 17

805 15TH STREET NW · WASHINGTON, DC 20005

Pension Consulting

$12,500

AMALGAMATED BANK1+ years

Service code 18 · EIN 13-4920330

275 SEVENTH AVENUE · NEW YORK, NY 10001

Custodial (other than securities)

$10,180

PALMER-TANNO AGENCY, INC.1+ years

Service code 19

33 WEST MAIN ST SUITE 408 · ELMSFORD, NY 10523

Securities Custodian

$7,762

RETAIL WHOLESALE AND DEPARTMENT UNION STAFF RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETAIL WHOLESALE AND DEPARTMENT UNION STAFF RETIREMENT 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