Retirement plan

LOCAL UNION NO. 9 I.B.E.W. AND OUTSIDE CONTRACTORS PENSION FUND

Name: TRUSTEES OF LOCAL UNION NO. 9, IBEW AND OUTSIDE CONTRACTORS PENSION FU - LOCAL UNION NO. 9 I.B.E.W. AND OUTSIDE CONTRACTORS PENSION FUND (2024) Form 5500
Creator: TRUSTEES OF LOCAL UNION NO. 9, IBEW AND OUTSIDE CONTRACTORS PENSION FU
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL UNION NO. 9 I.B.E.W. AND OUTSIDE CONTRACTORS PENSION FUND, TRUSTEES OF LOCAL UNION NO. 9, IBEW AND OUTSIDE CONTRACTORS PENSION FU

TRUSTEES OF LOCAL UNION NO. 9, IBEW AND OUTSIDE CONTRACTORS PENSION FUEIN 51-6077720Plan #001PY 2024

7840 GRAPHICS DRIVE, SUITE 100 - TINLEY PARK, IL 60477708-449-9004

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$375.7M

-13.6% from 2017

Total participants

2,066

-3.2% from 2017

Average account balance

No prior year

Annual return

17.61%

-9.09 pp from 2017

Benchmarks

See 155 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort155 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$375.73M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

1,002

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+17.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 of 12 by compensation

Provider	Service type	Compensation
ULLICO4 years Filed as: ULLICO INVESTMENT ADVISORS Service code 28 · EIN 52-6435649	Investment Management	$174,669
BENESYS, INC.5 years Filed as: BENESYS INC Service code 13 · EIN 52-1796473 N27 W23233 ROUNDY DR · PEWAUKEE, WI 53072	Contract Administrator	$165,642
BENTALLGREENOAK1 year Service code 28 399 PARK AVE · NEW YORK, NY 10022	Investment Management	$151,039
ACADIAN ASSET MANAGEMENT LLC6 years Filed as: ACADIAN ASSET MANAGEMENT Service code 17 260 FRANKLIN STREET · BOSTON, MA 02110	Pension Consulting	$124,051
JP MORGAN INVESTMENT MANAGEMENT INC8 years Filed as: GW&K INVESTMENT MANAGEMENT Service code 17 · EIN 80-0250512 222 BERKELEY ST · BOSTON, MA 02116	Pension Consulting	$118,870
MARQUETTE ASSOCIATES3 years Service code 27 · EIN 36-3485298	Advisory (Plan)	$76,000
THE SEGAL COMPANY8 years Filed as: SEGAL CONSULTING Service code 16 · EIN 13-1975125 101 NORTH WACKER DR · CHICAGO, IL 60606	Consulting	$69,996
CALIBRE CPA GROUP PLLC8 years Service code 10 · EIN 47-0900880 7501 WISCONSIN AVE · BETHESDA, MD 20814	Accounting	$57,547
COMERICA BANK8 years Service code 19 · EIN 42-1741646 411 W LAFAYETTE AVE · DETROIT, MI 48226	Securities Custodian	$42,237
NATIONAL INVESTMENT SERVICES1 year Service code 28 · EIN 84-3937993	Investment Management	$41,521

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$1198 / participant

Recordkeeping$28K2.2%
Trustee / custodial$42K3.3%
Investment mgmt$769K60.3%
Legal$21K1.6%
Actuarial$70K5.5%
Contract admin$166K13.0%
Other / not subdivided$180K14.1%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: $30,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,416-100.0%

Participation rate

0.0%

0.0%0pp

32.7%-32.7pp

0.0%0pp

Annual return

17.61%

10.33%+7.3pp

8.10%+9.5pp

9.30%+8.3pp

Employer contribution / active EE

$14,614

$14,972-2.4%

$28,649-49.0%

$12,551+16.4%

Participant deferral / active EE

$252-100.0%

$10-100.0%

$2,867-100.0%

Admin fee / account holder

$60,136-100.0%

Provider

Service type

Compensation

ULLICO4 years

Filed as: ULLICO INVESTMENT ADVISORS

Service code 28 · EIN 52-6435649

Investment Management

$174,669

BENESYS, INC.5 years

Filed as: BENESYS INC

Service code 13 · EIN 52-1796473

N27 W23233 ROUNDY DR · PEWAUKEE, WI 53072

Contract Administrator

$165,642

BENTALLGREENOAK1 year

Service code 28

399 PARK AVE · NEW YORK, NY 10022

Investment Management

$151,039

ACADIAN ASSET MANAGEMENT LLC6 years

Filed as: ACADIAN ASSET MANAGEMENT

Service code 17

260 FRANKLIN STREET · BOSTON, MA 02110

Pension Consulting

$124,051

JP MORGAN INVESTMENT MANAGEMENT INC8 years

Filed as: GW&K INVESTMENT MANAGEMENT

Service code 17 · EIN 80-0250512

222 BERKELEY ST · BOSTON, MA 02116

Pension Consulting

$118,870

MARQUETTE ASSOCIATES3 years

Service code 27 · EIN 36-3485298

Advisory (Plan)

$76,000

THE SEGAL COMPANY8 years

Filed as: SEGAL CONSULTING

Service code 16 · EIN 13-1975125

101 NORTH WACKER DR · CHICAGO, IL 60606

Consulting

$69,996

CALIBRE CPA GROUP PLLC8 years

Service code 10 · EIN 47-0900880

7501 WISCONSIN AVE · BETHESDA, MD 20814

Accounting

$57,547

COMERICA BANK8 years

Service code 19 · EIN 42-1741646

411 W LAFAYETTE AVE · DETROIT, MI 48226

Securities Custodian

$42,237

NATIONAL INVESTMENT SERVICES1 year

Service code 28 · EIN 84-3937993

Investment Management

$41,521

LOCAL UNION NO. 9 I.B.E.W. AND OUTSIDE CONTRACTORS PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL UNION NO. 9 I.B.E.W. AND OUTSIDE CONTRACTORS PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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