Retirement plan

EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND

Name: EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND - EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND (2018) Form 5500
Creator: EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND, EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND

EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUNDEIN 55-6021850Plan #001PY 2018

6810 MACCORKLE AVE SE - CHARLESTON, WV 253042957304-525-0331LinkedIn1-10 employeesfinancial services

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$314.3M

-3.5% from 2016

Total participants

6,758

+2.6% from 2016

Average account balance

No prior year

Annual return

-2.60%

-7.93 pp from 2016

Benchmarks

See 170 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants1,000-4,999

Cohort170 peers

Snapshot2018

Participant deferral / active EE

median $0

Employer contribution / active EE

$11,412

median $9,887

Participation rate

0.0%

median 0.0%

Avg account balance

median $5,379,476

Admin fee / account holder

median $4,675

Annual return

-2.60%

median -2.94%

Overall peer rank

49of 100

49th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$452.82M

Average account balance

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

$90K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,539

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$27.12M

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.33%

Admin fee / account holder

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

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN CORE REALTY FIND LLC Service code 21 · EIN 95-4871432 801 NORTH BRAND BLVD · GLENDALE, CA 91203	Bank Trustee	$470,746
INTERCONTINENTAL REAL ESTATE CORP3 years Filed as: INTERCONTINENTAL Service code 21 1270 SOLDIERS FIELD ROAD · BOSTON, MA 02135	Bank Trustee	$299,507
AMERICAN REALTY ADVISORS4+ years Filed as: AMERICAN BENEFIT CORPORATION Service code 12 · EIN 55-0672859 3150 US ROUTE 60 · ONA, WV 25545	Claims processing	$223,532
WESTWOOD TRUST4+ years Filed as: WESTWOOD MANAGEMENT Service code 21 200 CRESCENT COURT · DALLAS, TX 75201	Bank Trustee	$143,440
MANNING & NAPIER4+ years Service code 21 · EIN 16-0995736 290 WOODCLIFF DRIVE · FAIRPORT, NY 14450	Bank Trustee	$137,838
UNITED NATIONAL BANK4+ years Service code 18 · EIN 55-0249860 500 VIRGINIA ST., E. · CHARLESTON, WV 25301	Trustee (bank, trust company, or simi...	$118,316
LOOMIS SAYLES3 years Service code 21 PO BOX 219594 · KANSAS CITY, MO 64121	Bank Trustee	$73,762
C.S. MCKEE, L.P.1 year Filed as: C.S. MCKEE LP Service code 21 · EIN 25-1095051 ONE GATEWAY CENTER · PITTSBURGH, PA 15222	Bank Trustee	$72,949
ANDCO CONSULTING1 year Service code 28 · EIN 59-3676225 4901 VINELAND ROAD · ORLANDO, FL 32811	Investment Management	$63,750
CHEIRON4+ years Service code 11 · EIN 13-4215617 1750 TYSONS BLVD · MCCLEAN, VA 22102	Actuarial	$48,990

Enrolled actuary

1 attachment

CHRISTOPHER MIETLICKI

CHEIRON, INC.

Enrollment #1706376

8300 GREENSBORO DRIVE

SUITE 800

MCLEAN, VA 22102

(703) 893-1456

Signed 2019-10-10

Plan features & details

Pension benefit codes1C

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$1101 / participant

Investment mgmt$1M66.1%
Contract admin$273K12.6%
Other / not subdivided$458K21.3%

% of EOY assets

0.686%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HARRIS, HARDIN & COMPANY A.C.
Auditor EIN: 550756523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,379,476-100.0%

$379,314-100.0%

$21,578,776-100.0%

Participation rate

0.0%

0.0%0pp

17.4%-17.4pp

0.0%0pp

Annual return

-2.60%

-0.94%-1.7pp

-2.18%-0.4pp

33.37%-36.0pp

Employer contribution / active EE

$11,412

$12,464-8.4%

$38,751-70.5%

$11,253+1.4%

Participant deferral / active EE

$24-100.0%

$151-100.0%

$819-100.0%

Admin fee / account holder

$4,675-100.0%

$4,180-100.0%

$99,113-100.0%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN CORE REALTY FIND LLC

Service code 21 · EIN 95-4871432

801 NORTH BRAND BLVD · GLENDALE, CA 91203

Bank Trustee

$470,746

INTERCONTINENTAL REAL ESTATE CORP3 years

Filed as: INTERCONTINENTAL

Service code 21

1270 SOLDIERS FIELD ROAD · BOSTON, MA 02135

Bank Trustee

$299,507

AMERICAN REALTY ADVISORS4+ years

Filed as: AMERICAN BENEFIT CORPORATION

Service code 12 · EIN 55-0672859

3150 US ROUTE 60 · ONA, WV 25545

Claims processing

$223,532

WESTWOOD TRUST4+ years

Filed as: WESTWOOD MANAGEMENT

Service code 21

200 CRESCENT COURT · DALLAS, TX 75201

Bank Trustee

$143,440

MANNING & NAPIER4+ years

Service code 21 · EIN 16-0995736

290 WOODCLIFF DRIVE · FAIRPORT, NY 14450

Bank Trustee

$137,838

UNITED NATIONAL BANK4+ years

Service code 18 · EIN 55-0249860

500 VIRGINIA ST., E. · CHARLESTON, WV 25301

Trustee (bank, trust company, or simi...

$118,316

LOOMIS SAYLES3 years

Service code 21

PO BOX 219594 · KANSAS CITY, MO 64121

Bank Trustee

$73,762

C.S. MCKEE, L.P.1 year

Filed as: C.S. MCKEE LP

Service code 21 · EIN 25-1095051

ONE GATEWAY CENTER · PITTSBURGH, PA 15222

Bank Trustee

$72,949

ANDCO CONSULTING1 year

Service code 28 · EIN 59-3676225

4901 VINELAND ROAD · ORLANDO, FL 32811

Investment Management

$63,750

CHEIRON4+ years

Service code 11 · EIN 13-4215617

1750 TYSONS BLVD · MCCLEAN, VA 22102

Actuarial

$48,990

EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

CHRISTOPHER MIETLICKI

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYER-TEAMSTERS LOCAL NOS. 175 & 505 PENSION TRUST FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

CHRISTOPHER MIETLICKI

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