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 (2018) 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 2018

15800 PINES BOULEVARD, SUITE 201 - PEMBROKE PINES, FL 33027754-777-7735

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$38.9M

-0.8% from 2017

Total participants

1,342

+5.3% from 2017

Average account balance

$29,023

-5.8% from 2017

Annual return

-5.34%

-18.55 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
NATIONAL EMPLOYEE BENEFIT ADMIN2 years Filed as: NATIONAL EMPLOYEE BENEFITS ADMN INC Service code 13 · EIN 65-0498809	Contract Administrator	$65,879
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN Service code 10 · EIN 38-1357915	Accounting	$56,970
HESSIAN & MCKASY, PA2 years Service code 29 · EIN 20-1551306	Legal	$53,467
GALLAGHER FIDUCIARY ADVISORS, LLC2 years Service code 17 · EIN 36-4291971	Pension Consulting	$36,943
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: KARPUS INVESTMENT MANAGEMENT Service code 28 · EIN 16-1290558	Investment Management	$25,674
PNC BANK, N.A.2 years Filed as: PNC BANK Service code 18 · EIN 22-1146430	Custodial (other than securities); So...	$18,445

Plan features & details

Pension benefit codes2F2J2S

Plan features

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

1 tripped

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

$271K

$393 / participant

Investment mgmt$74K27.2%
Contract admin$63K23.3%
Other / not subdivided$134K49.6%

% of EOY assets

0.695%

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

$29,023

$56,443-48.6%

$83,850-65.4%

$55,725-47.9%

Participation rate

100.0%

72.0%+28.0pp

76.1%+23.9pp

70.9%+29.1pp

Annual return

-5.34%

393.67%-399.0pp

850.92%-856.3pp

244.93%-250.3pp

Employer contribution / active EE

$2,044

$2,682-23.8%

$3,631-43.7%

$2,078-1.6%

Participant deferral / active EE

$1,304

$2,965-56.0%

$4,082-68.0%

$3,356-61.1%

Admin fee / account holder

$202

$156+29.1%

$5,478-96.3%

$115+75.1%

Provider

Service type

Compensation

NATIONAL EMPLOYEE BENEFIT ADMIN2 years

Filed as: NATIONAL EMPLOYEE BENEFITS ADMN INC

Service code 13 · EIN 65-0498809

Contract Administrator

$65,879

PLANTE & MORAN, PLLC1 year

Filed as: PLANTE MORAN

Service code 10 · EIN 38-1357915

Accounting

$56,970

HESSIAN & MCKASY, PA2 years

Service code 29 · EIN 20-1551306

Legal

$53,467

GALLAGHER FIDUCIARY ADVISORS, LLC2 years

Service code 17 · EIN 36-4291971

Pension Consulting

$36,943

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: KARPUS INVESTMENT MANAGEMENT

Service code 28 · EIN 16-1290558

Investment Management

$25,674

PNC BANK, N.A.2 years

Filed as: PNC BANK

Service code 18 · EIN 22-1146430

Custodial (other than securities); So...

$18,445

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