Retirement plan

DIVISION A ANNUITY FUND

Name: BOARD OF TRUSTEES OF DIVISION A ANNUITY FUND - DIVISION A ANNUITY FUND (2015) Form 5500
Creator: BOARD OF TRUSTEES OF DIVISION A ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIVISION A ANNUITY FUND, BOARD OF TRUSTEES OF DIVISION A ANNUITY FUND

BOARD OF TRUSTEES OF DIVISION A ANNUITY FUNDEIN 56-2290624Plan #001PY 2015

709 EIGTH AVENUE - NYC, NY 100367111212-492-2102LinkedIn10001+ employeesconstruction

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$4.3M

No prior year

Total participants

1,286

No prior year

Average account balance

$3,351

No prior year

Annual return

-7.88%

No prior year

Benchmarks

See 637 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort637 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.29M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

1,145

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 5 by compensation

Provider	Service type	Compensation
ARMAO LLP1+ years Service code 10 · EIN 46-2754053	Accounting	$40,838
THE GUARDIAN INSURANCE & ANNUITY CO1+ years Filed as: GUARDIAN INSURANCE & ANNUITY COMP Service code 15 · EIN 13-2656306	Recordkeeping	$27,543
DIVISION A PENSION FUND1+ years Service code 15 · EIN 13-2569697	Recordkeeping	$23,239
STADION MONEY MANAGEMENT1+ years Filed as: STADION MONEY MANAGEMENT, INC. Service code 51 · EIN 58-2099805	Investment Mgmt Fees	$22,032
PITTA LLP1+ years Filed as: PITTA & GIBLIN LLP Service code 29 · EIN 26-3852082	Legal	$11,665

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$126K

$141 / participant

Investment mgmt$22K17.5%
Contract admin$20K15.5%
Other / not subdivided$85K67.0%

% of EOY assets

2.938%

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: ARMAO, LLP
Auditor EIN: 462754053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,351

$22,714-85.2%

$59,496-94.4%

$55,191-93.9%

Participation rate

99.4%

37.5%+62.0pp

54.6%+44.9pp

69.2%+30.3pp

Annual return

-7.88%

-44.01%+36.1pp

182.05%-189.9pp

10.78%-18.7pp

Employer contribution / active EE

$236

$418-43.5%

$1,153-79.5%

$1,899-87.6%

Participant deferral / active EE

$668

$843-20.7%

$1,829-63.5%

$3,046-78.1%

Admin fee / account holder

$98

$83+18.1%

$2,232-95.6%

$91+8.5%

Provider

Service type

Compensation

ARMAO LLP1+ years

Service code 10 · EIN 46-2754053

Accounting

$40,838

THE GUARDIAN INSURANCE & ANNUITY CO1+ years

Filed as: GUARDIAN INSURANCE & ANNUITY COMP

Service code 15 · EIN 13-2656306

Recordkeeping

$27,543

DIVISION A PENSION FUND1+ years

Service code 15 · EIN 13-2569697

Recordkeeping

$23,239

STADION MONEY MANAGEMENT1+ years

Filed as: STADION MONEY MANAGEMENT, INC.

Service code 51 · EIN 58-2099805

Investment Mgmt Fees

$22,032

PITTA LLP1+ years

Filed as: PITTA & GIBLIN LLP

Service code 29 · EIN 26-3852082

Legal

$11,665

DIVISION A ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIVISION A 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