Retirement plan

LIUNA NATIONAL 401(K) RETIREMENT SAVINGS PLAN

Name: BOARD OF TRUSTEES OF THE LIUNA NATIONAL 401K RETIREMENT SAVINGS PLAN - LIUNA NATIONAL 401(K) RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: BOARD OF TRUSTEES OF THE LIUNA NATIONAL 401K RETIREMENT SAVINGS PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIUNA NATIONAL 401(K) RETIREMENT SAVINGS PLAN, BOARD OF TRUSTEES OF THE LIUNA NATIONAL 401K RETIREMENT SAVINGS PLAN

BOARD OF TRUSTEES OF THE LIUNA NATIONAL 401K RETIREMENT SAVINGS PLANEIN 52-6941497Plan #001PY 2024

905 16TH STREET, NW - WASHINGTON, DC 200061703202-737-1664

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$181.5M

+11.7% from 2023

Total participants

1,927

+2.4% from 2023

Average account balance

$147,469

+6.6% from 2023

Annual return

13.46%

-4.01 pp from 2023

Benchmarks

See 287 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort287 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$181.53M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

1,231

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.54M

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$311

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 7 by compensation

Provider	Service type	Compensation
LIUNA NATIONAL 401K1 year Filed as: LIUNA STAFF AND AFFILIATES PENSION Service code 13 · EIN 52-0743575 905 - 16TH STREET, NW · WASHINGTON, DC 20006	Contract Administrator	$171,052
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346	Recordkeeping	$75,259
THE SEGAL COMPANY9 years Filed as: SEGAL ADVISORS, INC DBA SEGAL MARCO Service code 27 · EIN 13-2646110	Advisory (Plan)	$40,000
CALIBRE CPA GROUP PLLC6 years Service code 10 · EIN 47-0900880	Accounting	$14,800
THE BANK OF NEW YORK MELLON4 years Filed as: BANK OF NEW YORK MELLON Service code 19 · EIN 13-5160382	Securities Custodian	$13,594
THE LAW OFFICES OF JAMES S. RAY10+ years Service code 29 · EIN 13-4315411	Legal	$10,098
THE SEGAL COMPANY10+ years Filed as: SEGAL SELECT INSURANCE Service code 53	Insurance Commissions	$6,548

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$382K

$229 / participant

Recordkeeping$70K18.3%
Trustee / custodial$14K3.6%
Investment mgmt$40K10.5%
Legal$10K2.6%
Contract admin$193K50.4%
Other / not subdivided$56K14.6%

% of EOY assets

0.211%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: $14,800
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,469

$55,694+164.8%

$81,844+80.2%

$199,960-26.3%

Participation rate

58.3%

62.7%-4.3pp

72.4%-14.0pp

72.0%-13.6pp

Annual return

13.46%

19.59%-6.1pp

778.87%-765.4pp

34.28%-20.8pp

Employer contribution / active EE

$2,436

$2,114+15.2%

$2,916-16.5%

$3,036-19.8%

Participant deferral / active EE

$5,068

$3,299+53.6%

$4,323+17.2%

$5,087-0.4%

Admin fee / account holder

$311

$348-10.8%

$7,355-95.8%

$269+15.4%

Provider

Service type

Compensation

LIUNA NATIONAL 401K1 year

Filed as: LIUNA STAFF AND AFFILIATES PENSION

Service code 13 · EIN 52-0743575

905 - 16TH STREET, NW · WASHINGTON, DC 20006

Contract Administrator

$171,052

JOHN HANCOCK LIFE INSURANCE COMPANY10+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$75,259

THE SEGAL COMPANY9 years

Filed as: SEGAL ADVISORS, INC DBA SEGAL MARCO

Service code 27 · EIN 13-2646110

Advisory (Plan)

$40,000

CALIBRE CPA GROUP PLLC6 years

Service code 10 · EIN 47-0900880

Accounting

$14,800

THE BANK OF NEW YORK MELLON4 years

Filed as: BANK OF NEW YORK MELLON

Service code 19 · EIN 13-5160382

Securities Custodian

$13,594

THE LAW OFFICES OF JAMES S. RAY10+ years

Service code 29 · EIN 13-4315411

Legal

$10,098

THE SEGAL COMPANY10+ years

Filed as: SEGAL SELECT INSURANCE

Service code 53

Insurance Commissions

$6,548

LIUNA NATIONAL 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIUNA NATIONAL 401(K) RETIREMENT SAVINGS 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