Retirement plan

U.A. LOCAL 13 ANNUITY FUND

Name: U.A. LOCAL 13 ANNUITY FUND - U.A. LOCAL 13 ANNUITY FUND (2016) 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 2016

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

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$111.5M

+3.8% from 2015

Total participants

1,056

+1.1% from 2015

Average account balance

$105,618

+2.7% from 2015

Annual return

4.88%

+7.39 pp from 2015

Benchmarks

See 1,433 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,433 peers

Snapshot2016

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 FD2+ years Filed as: U.A. LOCAL 13 EMPLOYERS GRP INS FUD Service code 49 · EIN 16-0766976	Other Services	$89,127
TREVETT CRISTO SALZER & ANDOLINA PC2+ years Filed as: TREVETT CRISTO SALZER & ANDONLINA Service code 29 2 STATE STREET SUITE 1000 · ROCHESTER, NY 14614	Legal	$41,744
THE SEGAL COMPANY1 year Filed as: SEGAL ADVISORS, INC. Service code 27 · EIN 13-2646110	Advisory (Plan)	$37,500
U.A. LOCAL 13 BUILDING, INC.2+ years Service code 49 · EIN 23-7358299	Other Services	$20,000
BONADIO & CO., LLP2+ years Filed as: BONADIO & CO. LLP Service code 10 · EIN 16-1131146	Accounting	$18,250
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE & A Service code 37 · EIN 06-1050034	Loan Processing	$8,534

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

2 tripped

OpportunityLow participant contribution
Participant 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.

Expense breakdown

Schedule H Part II

Admin total

$236K

$292 / participant

Other / not subdivided$236K100.0%

% of EOY assets

0.212%

all-in expense ratio

Categories reported

0 / 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: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,618

$71,802+47.1%

$133,975-21.2%

$57,658+83.2%

Participation rate

100.0%

85.5%+14.5pp

87.1%+12.9pp

70.2%+29.8pp

Annual return

4.88%

13.51%-8.6pp

29.29%-24.4pp

5.13%-0.3pp

Employer contribution / active EE

$3,692

$3,161+16.8%

$5,211-29.1%

$1,974+87.1%

Participant deferral / active EE

$1,169

$4,606-74.6%

$6,282-81.4%

$3,061-61.8%

Admin fee / account holder

$224

$88+155.3%

$9,324-97.6%

$95+136.8%

Provider

Service type

Compensation

U.A. LOCAL 13 EMPLOYERS GRP INS FD2+ years

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

Service code 49 · EIN 16-0766976

Other Services

$89,127

TREVETT CRISTO SALZER & ANDOLINA PC2+ years

Filed as: TREVETT CRISTO SALZER & ANDONLINA

Service code 29

2 STATE STREET SUITE 1000 · ROCHESTER, NY 14614

Legal

$41,744

THE SEGAL COMPANY1 year

Filed as: SEGAL ADVISORS, INC.

Service code 27 · EIN 13-2646110

Advisory (Plan)

$37,500

U.A. LOCAL 13 BUILDING, INC.2+ years

Service code 49 · EIN 23-7358299

Other Services

$20,000

BONADIO & CO., LLP2+ years

Filed as: BONADIO & CO. LLP

Service code 10 · EIN 16-1131146

Accounting

$18,250

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE & A

Service code 37 · EIN 06-1050034

Loan Processing

$8,534

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