Retirement plan

U. A. LOCAL UNION NO. 614 PENSION PLAN

Name: TRUSTEES - U. A. LOCAL UNION NO. 614 PENSION PLAN - U. A. LOCAL UNION NO. 614 PENSION PLAN (2025) Form 5500
Creator: TRUSTEES - U. A. LOCAL UNION NO. 614 PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U. A. LOCAL UNION NO. 614 PENSION PLAN, TRUSTEES - U. A. LOCAL UNION NO. 614 PENSION PLAN

TRUSTEES - U. A. LOCAL UNION NO. 614 PENSION PLANEIN 62-6085904Plan #001PY 2025

2001 CALDWELL DRIVE - GOODLETTSVILLE, TN 37072615-859-0131

Prospect flagsLow returnsHigh cashLow participation

How to read this page

Total assets (EOY)

$203.6M

+4.1% from 2024

Total participants

1,978

+15.3% from 2024

Average account balance

-100.0% from 2024

Annual return

5.64%

-11.00 pp from 2024

Benchmarks

See 98 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort98 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$203.64M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+5.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 8 by compensation

Provider	Service type	Compensation
HIGHLAND CONSULTING ASSOCIATES10+ years Filed as: HIGHLAND CAPITAL MANAGEMENT, LLC Service code 27 · EIN 27-5440911	Advisory (Plan)	$647,745
LOCAL 1102 RWDSU1 year Filed as: UA LOCAL UNION NO 614 PENSION FUND Service code 99 PO BOX 1449 · GOODLETTSVILLE, TN 37070	Other Fees	$467,084
NOVARA, TESIJA & CATENACCI, PLLC5 years Filed as: NOVARA TESIJA & CATENACCI, PLLC Service code 29 888 W BIG BEAVER RD · TROY, MI 48084	Legal	$82,485
SOUTHERN BENEFIT ADMINISTRATORS10+ years Filed as: SOUTHERN BENEFIT ADMINISTRATORS INC Service code 16 · EIN 62-1116095	Consulting	$75,400
REYNOLDS CONSULTING SERVICES10+ years Service code 50 · EIN 20-1899564	Direct Payment	$52,369
NEEDLES & ASSOCIATES, LLC10+ years Filed as: NEEDLES & ASSOICATES, LLC Service code 10 · EIN 51-0435869	Accounting	$52,174
REGIONS BANK10+ years Service code 19 250 RIVERCHASE PARKWAY · BIRMINGHAM, AL 35244	Securities Custodian	$8,608
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$150

Plan features & details

Pension benefit codes2C2F2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$546 / participant

Investment mgmt$700K64.8%
Legal$82K7.6%
Other trustee fees$4K0.4%
Contract admin$66K6.1%
Other / not subdivided$227K21.0%

% of EOY assets

0.530%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: NEEDLES & ASSOCIATES, LLC
Auditor EIN: 510435869
Audit fees: $51,834
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,999-100.0%

$123,973-100.0%

$83,436-100.0%

Participation rate

0.0%

84.4%-84.4pp

76.7%-76.7pp

73.2%-73.2pp

Annual return

5.64%

8.97%-3.3pp

388.13%-382.5pp

19.34%-13.7pp

Employer contribution / active EE

$4,626

$5,808-20.3%

$4,126+12.1%

$4,072+13.6%

Participant deferral / active EE

$1,439-100.0%

$5,247-100.0%

$3,411-100.0%

Admin fee / account holder

$227-100.0%

$11,799-100.0%

$265-100.0%

Provider

Service type

Compensation

HIGHLAND CONSULTING ASSOCIATES10+ years

Filed as: HIGHLAND CAPITAL MANAGEMENT, LLC

Service code 27 · EIN 27-5440911

Advisory (Plan)

$647,745

LOCAL 1102 RWDSU1 year

Filed as: UA LOCAL UNION NO 614 PENSION FUND

Service code 99

PO BOX 1449 · GOODLETTSVILLE, TN 37070

Other Fees

$467,084

NOVARA, TESIJA & CATENACCI, PLLC5 years

Filed as: NOVARA TESIJA & CATENACCI, PLLC

Service code 29

888 W BIG BEAVER RD · TROY, MI 48084

Legal

$82,485

SOUTHERN BENEFIT ADMINISTRATORS10+ years

Filed as: SOUTHERN BENEFIT ADMINISTRATORS INC

Service code 16 · EIN 62-1116095

Consulting

$75,400

REYNOLDS CONSULTING SERVICES10+ years

Service code 50 · EIN 20-1899564

Direct Payment

$52,369

NEEDLES & ASSOCIATES, LLC10+ years

Filed as: NEEDLES & ASSOICATES, LLC

Service code 10 · EIN 51-0435869

Accounting

$52,174

REGIONS BANK10+ years

Service code 19

250 RIVERCHASE PARKWAY · BIRMINGHAM, AL 35244

Securities Custodian

$8,608

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$150

U. A. LOCAL UNION NO. 614 PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U. A. LOCAL UNION NO. 614 PENSION 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