Retirement plan

BALTIMORE TEACHERS UNION PENSION PLAN & TRUST

Name: BALTIMORE TEACHERS UNION - BALTIMORE TEACHERS UNION PENSION PLAN & TRUST (2020) Form 5500
Creator: BALTIMORE TEACHERS UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BALTIMORE TEACHERS UNION PENSION PLAN & TRUST, BALTIMORE TEACHERS UNION

BALTIMORE TEACHERS UNIONEIN 52-6044136Plan #001PY 2020

5800 METRO DR - BALTIMORE, MD 21215410-358-6600baltu.orgLinkedIn11-50 employeesprimary/secondary education

Other plans on this EIN

1 filing

#002Retirement-$299K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.6M

-18.3% from 2019

Total participants

+5.3% from 2019

Average account balance

$179,696

-22.4% from 2019

Annual return

1.58%

-2.50 pp from 2019

Benchmarks

See 6,194 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,194 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+5.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120940

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 codes2C2G3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$83416 / participant

Other / not subdivided$1M100.0%

% of EOY assets

32.494%

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

$179,696

$81,696+120.0%

$70,494+154.9%

$158,982+13.0%

Participation rate

100.0%

77.7%+22.3pp

75.1%+24.9pp

82.0%+18.0pp

Annual return

1.58%

208.70%-207.1pp

109.16%-107.6pp

302.99%-301.4pp

Employer contribution / active EE

$17,909

$3,220+456.2%

$2,738+554.0%

$4,763+276.0%

Participant deferral / active EE

$4,558-100.0%

$3,711-100.0%

$5,983-100.0%

Admin fee / account holder

$58,391

$6,200+841.8%

$3,848+1417.5%

$11,252+419.0%

BALTIMORE TEACHERS UNION PENSION PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BALTIMORE TEACHERS UNION PENSION PLAN & TRUST

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