Retirement plan

ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN

Name: BOARD OF TRUSTEES ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN - ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN, BOARD OF TRUSTEES ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN

BOARD OF TRUSTEES ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLANEIN 58-2490173Plan #003PY 2017

15800 PINES BOULEVARD, SUITE 201 - PEMBROKE PINES, FL 33027754-777-7732

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$39.3M

+16.8% from 2016

Total participants

1,274

-21.4% from 2016

Average account balance

$30,809

+48.7% from 2016

Annual return

13.22%

+6.11 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.92M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

1,609

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$347

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
HESSIAN & MCKASY, PA1 year Service code 29 · EIN 20-1551306	Legal	$44,187
NATIONAL EMPLOYEE BENEFIT ADMIN1 year Filed as: NATIONAL EMPLOYEE BENEFITS ADMN INC Service code 13 · EIN 65-0498809	Contract Administrator	$41,764
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Service code 17 · EIN 36-4291971	Pension Consulting	$28,700
PNC BANK, N.A.1 year Filed as: PNC BANK Service code 18 · EIN 22-1146430	Custodial (other than securities); Ot...	$19,542
KABAT SCHERTZER DELA TORRE TARABOUL1 year Filed as: KABAT, SCHERTZER, DEL LA TORRE Service code 10 · EIN 26-0547877	Accounting	$5,743

Plan features & details

Pension benefit codes2J

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$150K

$205 / participant

Investment mgmt$39K26.0%
Contract admin$42K27.7%
Other / not subdivided$70K46.3%

% of EOY assets

0.383%

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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,809

$60,545-49.1%

$92,240-66.6%

$69,631-55.8%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

13.22%

19.71%-6.5pp

176.29%-163.1pp

27571.02%-27557.8pp

Employer contribution / active EE

$1,930

$2,633-26.7%

$3,680-47.5%

$2,032-5.0%

Participant deferral / active EE

$830

$2,828-70.7%

$3,897-78.7%

$3,224-74.3%

Admin fee / account holder

$118

$145-18.5%

$5,194-97.7%

$110+6.8%

Provider

Service type

Compensation

HESSIAN & MCKASY, PA1 year

Service code 29 · EIN 20-1551306

Legal

$44,187

NATIONAL EMPLOYEE BENEFIT ADMIN1 year

Filed as: NATIONAL EMPLOYEE BENEFITS ADMN INC

Service code 13 · EIN 65-0498809

Contract Administrator

$41,764

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Service code 17 · EIN 36-4291971

Pension Consulting

$28,700

PNC BANK, N.A.1 year

Filed as: PNC BANK

Service code 18 · EIN 22-1146430

Custodial (other than securities); Ot...

$19,542

KABAT SCHERTZER DELA TORRE TARABOUL1 year

Filed as: KABAT, SCHERTZER, DEL LA TORRE

Service code 10 · EIN 26-0547877

Accounting

$5,743

ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACRA-LOCAL 725 DEFINED CONTRIBUTION RETIREMENT 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