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 (2020) 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 2020

18670 GRAPHICS DRIVE, SUITE 201 - TINLEY PARK, IL 60477708-449-9004

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$254.5M

-13.6% from 2017

Total participants

1,798

-3.2% from 2017

Average account balance

No prior year

Annual return

4.59%

-9.09 pp from 2017

Benchmarks

See 159 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort159 peers

Snapshot2020

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
THE SEGAL COMPANY4 years Filed as: SEGAL CONSULTING Service code 16 · EIN 13-1975125 101 NORTH WACKER DR · CHICAGO, IL 60606	Consulting	$214,458
BENESYS, INC.1 year Filed as: BENESYS INC Service code 13 N27 W23233 ROUNDY DR · PEWAUKEE, WI 53072	Contract Administrator	$115,949
JP MORGAN INVESTMENT MANAGEMENT INC4 years Filed as: GW&K INVESTMENT MANAGEMENT Service code 17 · EIN 80-0250512 222 BERKELEY ST · BOSTON, MA 02116	Pension Consulting	$93,509
COMERICA BANK4 years Service code 19 · EIN 42-1741646 411 W LAFAYETTE AVE · DETROIT, MI 48226	Securities Custodian	$91,089
ACADIAN ASSET MANAGEMENT LLC2 years Filed as: ACADIAN ASSET MANAGEMENT Service code 17 260 FRANKLIN STREET · BOSTON, MA 02110	Pension Consulting	$86,319
WESTERN ASSET MANAGEMENT COMPANY4 years Filed as: WESTERN ASSET MANAGEMENT Service code 28 · EIN 95-2705767 385 EAST COLORADO BLVD · PASADENA, CA 91101	Investment Management	$78,775
THE SEGAL COMPANY3 years Filed as: SEGAL ADVISORS, INC Service code 17 · EIN 13-2646110 101 NORTH WACKER DR · CHICAGO, IL 60606	Pension Consulting	$70,000
THE BANK OF NEW YORK MELLON4 years Filed as: MELLON CAPITAL MANAGEMENT Service code 28 · EIN 25-6078093 500 GRANT ST · PITTSBURGH, PA 15258	Investment Management	$65,359
BASYS3 years Service code 49 · EIN 52-1796473 3700 KOPPERS ST · BALTIMORE, MD 21227	Other Services	$63,230
CALIBRE CPA GROUP PLLC4 years Service code 10 · EIN 47-0900880 7501 WISCONSIN AVE · BETHESDA, MD 20814	Accounting	$41,870

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

$1.1M

$1088 / participant

Investment mgmt$485K43.8%
Contract admin$116K10.5%
Other / not subdivided$507K45.8%

% of EOY assets

0.435%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,072-100.0%

Participation rate

0.0%

0.0%0pp

33.1%-33.1pp

0.0%0pp

Annual return

4.59%

6.82%-2.2pp

8.01%-3.4pp

12.86%-8.3pp

Employer contribution / active EE

$15,594

$12,695+22.8%

$29,476-47.1%

$13,687+13.9%

Participant deferral / active EE

$735-100.0%

$833-100.0%

Admin fee / account holder

$630-100.0%

Provider

Service type

Compensation

THE SEGAL COMPANY4 years

Filed as: SEGAL CONSULTING

Service code 16 · EIN 13-1975125

101 NORTH WACKER DR · CHICAGO, IL 60606

Consulting

$214,458

BENESYS, INC.1 year

Filed as: BENESYS INC

Service code 13

N27 W23233 ROUNDY DR · PEWAUKEE, WI 53072

Contract Administrator

$115,949

JP MORGAN INVESTMENT MANAGEMENT INC4 years

Filed as: GW&K INVESTMENT MANAGEMENT

Service code 17 · EIN 80-0250512

222 BERKELEY ST · BOSTON, MA 02116

Pension Consulting

$93,509

COMERICA BANK4 years

Service code 19 · EIN 42-1741646

411 W LAFAYETTE AVE · DETROIT, MI 48226

Securities Custodian

$91,089

ACADIAN ASSET MANAGEMENT LLC2 years

Filed as: ACADIAN ASSET MANAGEMENT

Service code 17

260 FRANKLIN STREET · BOSTON, MA 02110

Pension Consulting

$86,319

WESTERN ASSET MANAGEMENT COMPANY4 years

Filed as: WESTERN ASSET MANAGEMENT

Service code 28 · EIN 95-2705767

385 EAST COLORADO BLVD · PASADENA, CA 91101

Investment Management

$78,775

THE SEGAL COMPANY3 years

Filed as: SEGAL ADVISORS, INC

Service code 17 · EIN 13-2646110

101 NORTH WACKER DR · CHICAGO, IL 60606

Pension Consulting

$70,000

THE BANK OF NEW YORK MELLON4 years

Filed as: MELLON CAPITAL MANAGEMENT

Service code 28 · EIN 25-6078093

500 GRANT ST · PITTSBURGH, PA 15258

Investment Management

$65,359

BASYS3 years

Service code 49 · EIN 52-1796473

3700 KOPPERS ST · BALTIMORE, MD 21227

Other Services

$63,230

CALIBRE CPA GROUP PLLC4 years

Service code 10 · EIN 47-0900880

7501 WISCONSIN AVE · BETHESDA, MD 20814

Accounting

$41,870

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