Retirement plan

IRON WORKERS MID-SOUTH PENSION FUND

Name: TRUSTEES - IRON WORKERS MID-SOUTH PENSION FUND - IRON WORKERS MID-SOUTH PENSION FUND (2017) Form 5500
Creator: TRUSTEES - IRON WORKERS MID-SOUTH PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IRON WORKERS MID-SOUTH PENSION FUND, TRUSTEES - IRON WORKERS MID-SOUTH PENSION FUND

TRUSTEES - IRON WORKERS MID-SOUTH PENSION FUNDEIN 72-6032179Plan #001PY 2017

2450 SEVERN AVE, SUITE 305 - METARIE, LA 700011926504-831-1544

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$130.5M

+8.7% from 2016

Total participants

3,891

+12.3% from 2016

Average account balance

No prior year

Annual return

13.69%

+9.66 pp from 2016

Benchmarks

See 171 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants1,000-4,999

Cohort171 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$156.27M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

2,366

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.45%

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 10 of 14 by compensation

Provider	Service type	Compensation
ZENITH AMERICAN SOLUTIONS1 year Filed as: ZENITH AMERICAN SOLUTIONS, INC. Service code 14 · EIN 52-1590516	Plan Administrator	$412,521
THE SEGAL COMPANY2+ years Filed as: SEGAL CONSULTING Service code 11 · EIN 13-2619259	Actuarial	$91,112
THE SEGAL COMPANY1 year Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$81,400
ROBEIN, URANN, SPENCER, PICARD & CA2+ years Filed as: ROBEIN, URANN, SPENCER, ET AL Service code 29 · EIN 72-0999672	Legal	$62,377
NEEDLES & ASSOCIATES, LLC2+ years Service code 10 · EIN 51-0435869	Accounting	$58,398
BLACK & PINCKARD LLC2+ years Filed as: BLACK ROCK INSTITUTIONAL TRUST CO. Service code 21 · EIN 94-3112180	Bank Trustee	$40,287
MANNING & NAPIER2+ years Filed as: MANNING & NAPIER ADVISORS, LLC Service code 28 · EIN 45-3328488	Investment Management	$36,913
WASATCH ADVISORS2+ years Filed as: WASATCH ADVISORS, INC. Service code 28 · EIN 87-0319391	Investment Management	$33,355
AMALGAMATED BANK2+ years Service code 19 · EIN 13-4920330	Securities Custodian	$28,745
HANCOCK WHITNEY BANK2+ years Filed as: WHITNEY BANK Service code 19 · EIN 64-0169065	Securities Custodian	$23,049

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$1021 / participant

Investment mgmt$544K36.1%
Contract admin$413K27.4%
Other / not subdivided$551K36.6%

% of EOY assets

1.155%

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: NEEDLES & ASSOCIATES, LLC
Auditor EIN: 510435869
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$411,917-100.0%

Participation rate

0.0%

0.0%0pp

16.2%-16.2pp

0.0%0pp

Annual return

13.69%

12.92%+0.8pp

10.36%+3.3pp

17.84%-4.1pp

Employer contribution / active EE

$5,331

$14,070-62.1%

$37,738-85.9%

$14,688-63.7%

Participant deferral / active EE

$21-100.0%

$137-100.0%

$770-100.0%

Admin fee / account holder

$15,661-100.0%

Provider

Service type

Compensation

ZENITH AMERICAN SOLUTIONS1 year

Filed as: ZENITH AMERICAN SOLUTIONS, INC.

Service code 14 · EIN 52-1590516

Plan Administrator

$412,521

THE SEGAL COMPANY2+ years

Filed as: SEGAL CONSULTING

Service code 11 · EIN 13-2619259

Actuarial

$91,112

THE SEGAL COMPANY1 year

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$81,400

ROBEIN, URANN, SPENCER, PICARD & CA2+ years

Filed as: ROBEIN, URANN, SPENCER, ET AL

Service code 29 · EIN 72-0999672

Legal

$62,377

NEEDLES & ASSOCIATES, LLC2+ years

Service code 10 · EIN 51-0435869

Accounting

$58,398

BLACK & PINCKARD LLC2+ years

Filed as: BLACK ROCK INSTITUTIONAL TRUST CO.

Service code 21 · EIN 94-3112180

Bank Trustee

$40,287

MANNING & NAPIER2+ years

Filed as: MANNING & NAPIER ADVISORS, LLC

Service code 28 · EIN 45-3328488

Investment Management

$36,913

WASATCH ADVISORS2+ years

Filed as: WASATCH ADVISORS, INC.

Service code 28 · EIN 87-0319391

Investment Management

$33,355

AMALGAMATED BANK2+ years

Service code 19 · EIN 13-4920330

Securities Custodian

$28,745

HANCOCK WHITNEY BANK2+ years

Filed as: WHITNEY BANK

Service code 19 · EIN 64-0169065

Securities Custodian

$23,049

IRON WORKERS MID-SOUTH PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IRON WORKERS MID-SOUTH PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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