Retirement plan

THE UNITED CONSTRUCTION WORKERS RETIREMENT AND 401(K) SAVINGS PLAN

Name: CHRISTIAN LABOR ASSOCIATION - THE UNITED CONSTRUCTION WORKERS RETIREMENT AND 401(K) SAVINGS PLAN (2016) Form 5500
Creator: CHRISTIAN LABOR ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE UNITED CONSTRUCTION WORKERS RETIREMENT AND 401(K) SAVINGS PLAN, CHRISTIAN LABOR ASSOCIATION

CHRISTIAN LABOR ASSOCIATIONEIN 73-1641436Plan #002PY 2016

P.O. BOX 65 - ZEELAND, MI 49464616-772-9164

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$8.6M

-2.6% from 2015

Total participants

252

-0.4% from 2015

Average account balance

$34,402

-2.2% from 2015

Annual return

7.93%

+10.69 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.51M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

249

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$528K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+8.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$264

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Service code 15	Recordkeeping	$31,158
KAPTEIN DYKSTRA & COMPANY PC2+ years Filed as: KAPTEIN DYKSTRA & CO. PC Service code 10 · EIN 38-2939866	Accounting	$10,500
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP,INC. Service code 12 · EIN 27-2037969	Sub-transfer agency fees; Recordkeepi...	$1,413

Plan features & details

Pension benefit codes2E2F2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$19K

$107 / participant

Contract admin$1K7.6%
Other / not subdivided$17K92.4%

% of EOY assets

0.215%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KAPTEIN DYKSTRA AND COMPANY
Auditor EIN: 382939866
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,402

$52,884-34.9%

$84,753-59.4%

$55,167-37.6%

Participation rate

99.4%

67.5%+31.9pp

76.6%+22.8pp

69.0%+30.4pp

Annual return

7.93%

18.03%-10.1pp

22.78%-14.8pp

169.23%-161.3pp

Employer contribution / active EE

$1,715

$2,233-23.2%

$3,574-52.0%

$1,963-12.6%

Participant deferral / active EE

$435

$2,644-83.5%

$3,712-88.3%

$3,054-85.7%

Admin fee / account holder

$74

$581-87.3%

$5,333-98.6%

$504-85.3%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 15

Recordkeeping

$31,158

KAPTEIN DYKSTRA & COMPANY PC2+ years

Filed as: KAPTEIN DYKSTRA & CO. PC

Service code 10 · EIN 38-2939866

Accounting

$10,500

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP,INC.

Service code 12 · EIN 27-2037969

Sub-transfer agency fees; Recordkeepi...

$1,413

THE UNITED CONSTRUCTION WORKERS RETIREMENT AND 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE UNITED CONSTRUCTION WORKERS RETIREMENT AND 401(K) SAVINGS 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