Retirement plan

OKLAHOMA STATE PIPE TRADES ANNUITY FUND

Name: OKLAHOMA STATE PIPE TRADES ANNUITY FUND - OKLAHOMA STATE PIPE TRADES ANNUITY FUND (2022) Form 5500
Creator: OKLAHOMA STATE PIPE TRADES ANNUITY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OKLAHOMA STATE PIPE TRADES ANNUITY FUND, OKLAHOMA STATE PIPE TRADES ANNUITY FUND

OKLAHOMA STATE PIPE TRADES ANNUITY FUNDEIN 73-1153085Plan #003PY 2022

2908 NORTH HARVARD - TULSA, OK 741150000918-836-0430

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$73.6M

-12.9% from 2021

Total participants

3,110

-0.6% from 2021

Average account balance

-100.0% from 2021

Annual return

-12.02%

-25.77 pp from 2021

Benchmarks

See 246 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort246 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$93.25M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

3,735

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$147

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 6 by compensation

Provider	Service type	Compensation
PLUMBERS LOCAL UNION 4308+ years Service code 13 · EIN 73-1530462	Contract Administrator	$74,912
RBC WEALTH MANAGEMENT4 years Service code 27 · EIN 41-1416330	Advisory (Plan)	$59,084
THE SEGAL COMPANY8+ years Service code 53 · EIN 94-1503999	Insurance Commissions	$35,347
BRYAN, LITTLE, HALEY, & KENT PC1 year Filed as: BRYAN, LITTLE, HALEY & KENT Service code 10 · EIN 73-0941849	Accounting	$21,250
ROBEIN, URANN, SPENCER, PICARD & CA8+ years Filed as: ROBEIN, URANN & LURYE Service code 22 · EIN 73-0999672	Insurance Broker	$14,293
SOUTHWEST SERVICE ADMINISTRATORS4 years Service code 10 · EIN 86-0785790	Accounting	$9,000

Plan features & details

Pension benefit codes2C2E2G2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$231K

$117 / participant

Other / not subdivided$231K100.0%

% of EOY assets

0.314%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRYAN, LITTLE, HALEY & KENT PC
Auditor EIN: 730941848
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,236-100.0%

$82,763-100.0%

$77,906-100.0%

Participation rate

0.0%

64.2%-64.2pp

72.6%-72.6pp

73.7%-73.7pp

Annual return

-12.02%

2.40%-14.4pp

702.45%-714.5pp

12.16%-24.2pp

Employer contribution / active EE

$1,744

$1,924-9.4%

$3,008-42.0%

$2,846-38.7%

Participant deferral / active EE

$199

$3,069-93.5%

$4,395-95.5%

$4,805-95.9%

Admin fee / account holder

$102-100.0%

$5,325-100.0%

$133-100.0%

Provider

Service type

Compensation

PLUMBERS LOCAL UNION 4308+ years

Service code 13 · EIN 73-1530462

Contract Administrator

$74,912

RBC WEALTH MANAGEMENT4 years

Service code 27 · EIN 41-1416330

Advisory (Plan)

$59,084

THE SEGAL COMPANY8+ years

Service code 53 · EIN 94-1503999

Insurance Commissions

$35,347

BRYAN, LITTLE, HALEY, & KENT PC1 year

Filed as: BRYAN, LITTLE, HALEY & KENT

Service code 10 · EIN 73-0941849

Accounting

$21,250

ROBEIN, URANN, SPENCER, PICARD & CA8+ years

Filed as: ROBEIN, URANN & LURYE

Service code 22 · EIN 73-0999672

Insurance Broker

$14,293

SOUTHWEST SERVICE ADMINISTRATORS4 years

Service code 10 · EIN 86-0785790

Accounting

$9,000

OKLAHOMA STATE PIPE TRADES ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OKLAHOMA STATE PIPE TRADES 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