Retirement plan

DIVISION A ANNUITY FUND

Name: BOARD OF TRUSTEES OF DIVISION A ANNUITY FUND - DIVISION A ANNUITY FUND (2017) 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 2017

709 EIGHTH AVENUE - NEW YORK, NY 100367111212-492-2102LinkedIn10001+ employeesconstruction

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$6.4M

+23.4% from 2016

Total participants

1,396

+15.8% from 2016

Average account balance

$4,622

+21.4% from 2016

Annual return

13.80%

+7.65 pp from 2016

Benchmarks

See 279 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort279 peers

Snapshot2017

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 6 by compensation

Provider	Service type	Compensation
DIVISION A PENSION FUND3+ years Service code 13 · EIN 13-2569697	Contract Administrator	$48,557
PITTA LLP1 year Service code 29 · EIN 26-3852082	Legal	$39,011
ARMAO LLP3+ years Service code 10 · EIN 46-2754053	Accounting	$30,905
STADION MONEY MANAGEMENT1 year Filed as: STADION MONEY MANAGEMENT INC Service code 28 · EIN 58-2099805	Investment Management	$28,985
AMERITAS LIFE INSURANCE CORP1 year Service code 15 · EIN 47-0098400	Recordkeeping	$16,967
THE GAURDIAN INSURANCE & ANNUITY CO1 year Service code 15 · EIN 13-2656036	Recordkeeping	$10,579

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

$173K

$172 / participant

Investment mgmt$29K16.8%
Contract admin$19K10.8%
Other / not subdivided$125K72.5%

% of EOY assets

2.697%

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: NOVAK FRANCELLA LLC
Auditor EIN: 611436956
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,622

$25,165-81.6%

$73,550-93.7%

$77,958-94.1%

Participation rate

99.0%

36.6%+62.4pp

54.9%+44.1pp

71.6%+27.4pp

Annual return

13.80%

18.12%-4.3pp

-15.16%+29.0pp

20.87%-7.1pp

Employer contribution / active EE

$236

$395-40.4%

$1,219-80.7%

$2,310-89.8%

Participant deferral / active EE

$820

$898-8.7%

$1,804-54.5%

$3,537-76.8%

Admin fee / account holder

$125

$76+64.6%

$2,320-94.6%

$97+28.0%

Provider

Service type

Compensation

DIVISION A PENSION FUND3+ years

Service code 13 · EIN 13-2569697

Contract Administrator

$48,557

PITTA LLP1 year

Service code 29 · EIN 26-3852082

Legal

$39,011

ARMAO LLP3+ years

Service code 10 · EIN 46-2754053

Accounting

$30,905

STADION MONEY MANAGEMENT1 year

Filed as: STADION MONEY MANAGEMENT INC

Service code 28 · EIN 58-2099805

Investment Management

$28,985

AMERITAS LIFE INSURANCE CORP1 year

Service code 15 · EIN 47-0098400

Recordkeeping

$16,967

THE GAURDIAN INSURANCE & ANNUITY CO1 year

Service code 15 · EIN 13-2656036

Recordkeeping

$10,579

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