Retirement plan

THE UAW LABOR-MANAGEMENT GROUP PENSION PLAN

Name: BOARD OF TRUSTEES, THE UAW LABOR-MANAGEMENT GROUP - THE UAW LABOR-MANAGEMENT GROUP PENSION PLAN (2020) Form 5500
Creator: BOARD OF TRUSTEES, THE UAW LABOR-MANAGEMENT GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE UAW LABOR-MANAGEMENT GROUP PENSION PLAN, BOARD OF TRUSTEES, THE UAW LABOR-MANAGEMENT GROUP

BOARD OF TRUSTEES, THE UAW LABOR-MANAGEMENT GROUPdba PENSION PLANEIN 51-6099782Plan #001PY 2020

1055 PARK VIEW DR STE 111 - COVINA, CA 91724626-279-3009

Prospect flagsHigh retiree %Low returnsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$76.4M

+0.3% from 2019

Total participants

4,167

+7.0% from 2019

Average account balance

No prior year

Annual return

5.64%

-6.74 pp from 2019

Benchmarks

See 134 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants1,000-4,999

Cohort134 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.15M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

2,862

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

$2.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.52%

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

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
RUSSELL TRUST COMPANY4 years Filed as: RUSSELL INVESTMENTS TRUST COMPANY Service code 28 · EIN 91-1116938	Investment Management	$332,327
PRUDENTIAL RETIREMENT INSURANCE AND4 years Filed as: THE PRUDENTIAL INS CO OF AMERICA Service code 28 · EIN 22-1211670	Investment Management	$143,300
PACIFIC SOUTHWEST ADMINISTRATORS2 years Service code 13 · EIN 46-4942970	Contract Administrator	$119,700
RAEL & LETSON6+ years Service code 11 · EIN 94-1701048	Actuarial	$54,891
LAQUER URBAN CLIFFORD & HODGE LLP6+ years Service code 29 · EIN 95-4047729	Legal	$21,673
MILLER KAPLAN ARASE LLP6+ years Service code 10 · EIN 95-2036255	Accounting	$15,000
AMALGAMATED BANK6+ years Service code 99 · EIN 13-4920330	Other Fees	$10,609
NATIONAL COMPLIANCE SERVICES2 years Service code 10 · EIN 77-0547053	Accounting	$5,805

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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$878K

$717 / participant

Investment mgmt$476K54.2%
Contract admin$120K13.6%
Other / not subdivided$283K32.2%

% of EOY assets

1.149%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$477,209-100.0%

Participation rate

0.0%

0.0%0pp

10.2%-10.2pp

0.0%0pp

Annual return

5.64%

24.77%-19.1pp

-2.84%+8.5pp

12.86%-7.2pp

Employer contribution / active EE

$1,033

$13,270-92.2%

$33,329-96.9%

$13,687-92.5%

Participant deferral / active EE

$799-100.0%

$51-100.0%

$833-100.0%

Admin fee / account holder

$2,475-100.0%

Provider

Service type

Compensation

RUSSELL TRUST COMPANY4 years

Filed as: RUSSELL INVESTMENTS TRUST COMPANY

Service code 28 · EIN 91-1116938

Investment Management

$332,327

PRUDENTIAL RETIREMENT INSURANCE AND4 years

Filed as: THE PRUDENTIAL INS CO OF AMERICA

Service code 28 · EIN 22-1211670

Investment Management

$143,300

PACIFIC SOUTHWEST ADMINISTRATORS2 years

Service code 13 · EIN 46-4942970

Contract Administrator

$119,700

RAEL & LETSON6+ years

Service code 11 · EIN 94-1701048

Actuarial

$54,891

LAQUER URBAN CLIFFORD & HODGE LLP6+ years

Service code 29 · EIN 95-4047729

Legal

$21,673

MILLER KAPLAN ARASE LLP6+ years

Service code 10 · EIN 95-2036255

Accounting

$15,000

AMALGAMATED BANK6+ years

Service code 99 · EIN 13-4920330

Other Fees

$10,609

NATIONAL COMPLIANCE SERVICES2 years

Service code 10 · EIN 77-0547053

Accounting

$5,805

THE UAW LABOR-MANAGEMENT GROUP PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE UAW LABOR-MANAGEMENT GROUP PENSION PLAN

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