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 (2018) 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 2018

18670 GRAPHICS DRIVE, SUITE 201 - TINLEY PARK, IL 604776257708-449-9004

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$214.5M

-13.6% from 2017

Total participants

1,735

-3.2% from 2017

Average account balance

No prior year

Annual return

2.55%

-9.09 pp from 2017

Benchmarks

See 129 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort129 peers

Snapshot2018

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 11 by compensation

Provider	Service type	Compensation
COMERICA BANK2 years Service code 19 · EIN 51-6077720	Securities Custodian	$313,724
JP MORGAN INVESTMENT MANAGEMENT INC2 years Filed as: GW&K INVESTMENT MANAGEMENT Service code 17 · EIN 80-0250512	Pension Consulting	$112,340
THE SEGAL COMPANY2 years Filed as: SEGAL CONSULTING Service code 16 · EIN 13-1975125	Consulting	$96,821
THE BANK OF NEW YORK MELLON2 years Filed as: MELLON CAPITAL MANAGEMENT Service code 28 · EIN 25-6078093	Investment Management	$92,575
WESTERN ASSET MANAGEMENT COMPANY2 years Filed as: WESTERN ASSET MANAGEMENT Service code 28 · EIN 95-2705767	Investment Management	$67,951
THE SEGAL COMPANY1 year Filed as: SEGAL ADVISORS, INC Service code 17 · EIN 13-2646110	Pension Consulting	$63,438
R. THAMES-SIMMONS2 years Service code 30 · EIN 36-2261990	Direct payment from the plan; Employe...	$41,511
CALIBRE CPA GROUP PLLC2 years Service code 10 · EIN 47-0900880	Accounting	$40,854
BASYS1 year Service code 49 · EIN 52-1796473	Other Services	$39,283
T. JESIONOWSKI2 years Service code 30 · EIN 36-2261990	Direct payment from the plan; Employe...	$36,469

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1A

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$1089 / participant

Investment mgmt$650K58.4%
Other / not subdivided$462K41.6%

% of EOY assets

0.519%

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: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,578,776-100.0%

$245,396-100.0%

$21,578,776-100.0%

Participation rate

0.0%

0.0%0pp

43.0%-43.0pp

0.0%0pp

Annual return

2.55%

2.02%+0.5pp

-752.26%+754.8pp

33.37%-30.8pp

Employer contribution / active EE

$13,726

$12,422+10.5%

$31,802-56.8%

$11,253+22.0%

Participant deferral / active EE

$47-100.0%

$819-100.0%

Admin fee / account holder

$99,113-100.0%

$1,223-100.0%

$99,113-100.0%

Provider

Service type

Compensation

COMERICA BANK2 years

Service code 19 · EIN 51-6077720

Securities Custodian

$313,724

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Filed as: GW&K INVESTMENT MANAGEMENT

Service code 17 · EIN 80-0250512

Pension Consulting

$112,340

THE SEGAL COMPANY2 years

Filed as: SEGAL CONSULTING

Service code 16 · EIN 13-1975125

Consulting

$96,821

THE BANK OF NEW YORK MELLON2 years

Filed as: MELLON CAPITAL MANAGEMENT

Service code 28 · EIN 25-6078093

Investment Management

$92,575

WESTERN ASSET MANAGEMENT COMPANY2 years

Filed as: WESTERN ASSET MANAGEMENT

Service code 28 · EIN 95-2705767

Investment Management

$67,951

THE SEGAL COMPANY1 year

Filed as: SEGAL ADVISORS, INC

Service code 17 · EIN 13-2646110

Pension Consulting

$63,438

R. THAMES-SIMMONS2 years

Service code 30 · EIN 36-2261990

Direct payment from the plan; Employe...

$41,511

CALIBRE CPA GROUP PLLC2 years

Service code 10 · EIN 47-0900880

Accounting

$40,854

BASYS1 year

Service code 49 · EIN 52-1796473

Other Services

$39,283

T. JESIONOWSKI2 years

Service code 30 · EIN 36-2261990

Direct payment from the plan; Employe...

$36,469

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