Retirement plan

APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION PLAN

Name: APWU - HP BARGAINING UNIT - APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION PLAN (2017) Form 5500
Creator: APWU - HP BARGAINING UNIT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION PLAN, APWU - HP BARGAINING UNIT

APWU - HP BARGAINING UNITEIN 52-0940594Plan #004PY 2017

799 CROMWELL PARK DRIVE - GLEN BURNIE, MD 21061410-424-1524LinkedIn201-500 employeesinsurance

Other plans on this EIN

3 filings

#001Retirement-$62.6M assets #002Retirement-$21.4M assets #003Retirement-$11.4M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.4M

+12.2% from 2016

Total participants

109

-31.9% from 2016

Average account balance

$76,212

+13.1% from 2016

Annual return

12.91%

+6.03 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.49M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

134

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.

79.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$783K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$612

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 2 by compensation

Provider	Service type	Compensation
THE CENTURION GROUP, LLC3+ years Service code 27 610 W. GERMANTOWN AVE. SUITE 150 · PLYMOUTH MEETING, PA 19642	Advisory (Plan)	$23,667
NEWPORT GROUP, INC.3+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111	Claims processing; Recordkeeping fees...	$22,651

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$287 / participant

Investment mgmt$30K97.1%
Other / not subdivided$9012.9%

% of EOY assets

0.331%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WITHUMSMITH AND BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,212

$89,739-15.1%

$149,721-49.1%

$62,293+22.3%

Participation rate

100.0%

85.1%+14.9pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

12.91%

21.01%-8.1pp

1501.67%-1488.8pp

28.90%-16.0pp

Employer contribution / active EE

$3,233-100.0%

$5,444-100.0%

$2,042-100.0%

Participant deferral / active EE

$5,619

$4,797+17.1%

$6,568-14.5%

$3,169+77.3%

Admin fee / account holder

$252

$551-54.2%

$11,282-97.8%

$479-47.3%

Provider

Service type

Compensation

THE CENTURION GROUP, LLC3+ years

Service code 27

610 W. GERMANTOWN AVE. SUITE 150 · PLYMOUTH MEETING, PA 19642

Advisory (Plan)

$23,667

NEWPORT GROUP, INC.3+ years

Filed as: NEWPORT RETIREMENT SERVICES, INC.

Service code 12 · EIN 62-1868111

Claims processing; Recordkeeping fees...

$22,651

APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION 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