Retirement plan

U.A. LOCAL 13 ANNUITY FUND

Name: U.A. LOCAL 13 ANNUITY FUND - U.A. LOCAL 13 ANNUITY FUND (2024) Form 5500
Creator: U.A. LOCAL 13 ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. LOCAL 13 ANNUITY FUND, U.A. LOCAL 13 ANNUITY FUND

U.A. LOCAL 13 ANNUITY FUNDEIN 52-1041321Plan #001PY 2024

1850 MT. READ BLVD. - ROCHESTER, NY 146153703585-338-2310

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$201.4M

+11.1% from 2023

Total participants

1,565

+12.4% from 2023

Average account balance

$142,862

+9.7% from 2023

Annual return

12.48%

-2.72 pp from 2023

Benchmarks

See 560 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort560 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$201.44M

Not enough data

1 years with asset history on file

Average account balance

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

$143K

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.

1,410

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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 6 by compensation

Provider	Service type	Compensation
U.A. LOCAL 13 EMPLOYERS GRP INS FD10+ years Filed as: U.A. LOCAL 13 EMPLOYERS GRP INS FUD Service code 49 · EIN 16-0766976	Other Services	$162,478
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 51 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Mgmt Fees	$66,876
ASHER KELLY5 years Filed as: ASHERKELLY Service code 29 25800 NORTHWESTERN HIGHWAY, ST 1100 · SOUTHFIELD, MI 48075	Legal	$47,247
THE SEGAL COMPANY6 years Filed as: SEGAL MARCO ADVISORS, INC. Service code 27 · EIN 13-2646110	Advisory (Plan)	$31,785
BONADIO & CO., LLP10+ years Filed as: BONADIO & CO. LLP Service code 10 · EIN 16-1131146	Accounting	$27,185
U.A. LOCAL 13 BUILDING, INC.10+ years Service code 49 · EIN 23-7358299	Other Services	$20,000

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$341K

$304 / participant

Investment mgmt$32K9.3%
Legal$47K13.9%
Contract admin$3K0.8%
Other / not subdivided$259K76.0%

% of EOY assets

0.169%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: $27,185
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,862

$241,850-40.9%

$102,412+39.5%

$199,960-28.6%

Participation rate

86.1%

78.3%+7.8pp

74.5%+11.6pp

72.0%+14.2pp

Annual return

12.48%

17.67%-5.2pp

24.94%-12.5pp

34.28%-21.8pp

Employer contribution / active EE

$6,304

$4,253+48.2%

$3,870+62.9%

$3,036+107.6%

Participant deferral / active EE

$1,893

$3,961-52.2%

$5,060-62.6%

$5,087-62.8%

Admin fee / account holder

$242

$288-16.1%

$8,388-97.1%

$269-10.3%

Provider

Service type

Compensation

U.A. LOCAL 13 EMPLOYERS GRP INS FD10+ years

Filed as: U.A. LOCAL 13 EMPLOYERS GRP INS FUD

Service code 49 · EIN 16-0766976

Other Services

$162,478

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 51

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Mgmt Fees

$66,876

ASHER KELLY5 years

Filed as: ASHERKELLY

Service code 29

25800 NORTHWESTERN HIGHWAY, ST 1100 · SOUTHFIELD, MI 48075

Legal

$47,247

THE SEGAL COMPANY6 years

Filed as: SEGAL MARCO ADVISORS, INC.

Service code 27 · EIN 13-2646110

Advisory (Plan)

$31,785

BONADIO & CO., LLP10+ years

Filed as: BONADIO & CO. LLP

Service code 10 · EIN 16-1131146

Accounting

$27,185

U.A. LOCAL 13 BUILDING, INC.10+ years

Service code 49 · EIN 23-7358299

Other Services

$20,000

U.A. LOCAL 13 ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. LOCAL 13 ANNUITY FUND

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