Retirement plan

LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN

Name: LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN - LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN (2018) Form 5500
Creator: LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN, LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN

LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLANEIN 52-1368443Plan #001PY 2018

P.O. BOX 050309 - BROOKLYN, NY 11205917-676-8281

Prospect flagsHigh retiree %Wind-down / frozen

How to read this page

Total assets (EOY)

$14K

+0.9% from 2017

Total participants

-6.7% from 2017

Average account balance

No prior year

Annual return

93.90%

-185.82 pp from 2017

Benchmarks

See 148 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Cohort148 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13K

Not enough data

1 years with asset history on file

Average account balance

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

$830

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.

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+355.04%

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes1B1H

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).

Opportunity flags

2 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$123K

Other / not subdivided$123K100.0%

% of EOY assets

865.941%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$360,335-100.0%

$98,614-100.0%

Participation rate

0.0%

0.0%0pp

8.8%-8.8pp

Annual return

93.90%

25.06%+68.8pp

-0.41%+94.3pp

Employer contribution / active EE

$22,783-100.0%

$15,396-100.0%

Participant deferral / active EE

$26-100.0%

Admin fee / account holder

$10,090-100.0%

$2,970-100.0%

LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUGGAGE WORKERS UNION OF PHIL. & VIC. LOCAL 61 RETIREMENT 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