Retirement plan

ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION PLAN

Name: BOARD OF TRUSTEES ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION P - ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION PLAN (2018) Form 5500
Creator: BOARD OF TRUSTEES ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION P
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION PLAN, BOARD OF TRUSTEES ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION P

BOARD OF TRUSTEES ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION PEIN 74-1069448Plan #102PY 2018

497 NORTH KRUEGER AVE. - NEW BRAUNFELS, TX 78130830-626-8088

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.3M

-6.0% from 2017

Total participants

317

+3.6% from 2017

Average account balance

$51,809

-9.3% from 2017

Annual return

-4.14%

-18.50 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

$28.57M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

569

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

$578K

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

+14.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS, INC. Service code 27 · EIN 43-1451524	Advisory (Plan)	$41,869
ATCHLEY & ASSOCIATES4+ years Service code 10 · EIN 74-2920819	Accounting	$9,000
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,200

Plan features & details

Pension benefit codes2E2F2G2T

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$54K

$174 / participant

Investment mgmt$42K78.2%
Contract admin$1K2.2%
Other / not subdivided$10K19.5%

% of EOY assets

0.329%

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: EDWARDS AND LEATHERS, P.C.
Auditor EIN: 208739519
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,809

$56,443-8.2%

$83,831-38.2%

$55,725-7.0%

Participation rate

99.0%

72.0%+27.0pp

76.1%+22.9pp

70.9%+28.2pp

Annual return

-4.14%

393.67%-397.8pp

850.99%-855.1pp

244.93%-249.1pp

Employer contribution / active EE

$1,056

$2,682-60.6%

$3,631-70.9%

$2,078-49.2%

Participant deferral / active EE

$2,965-100.0%

$4,082-100.0%

$3,356-100.0%

Admin fee / account holder

$170

$156+9.1%

$5,479-96.9%

$115+48.0%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS, INC.

Service code 27 · EIN 43-1451524

Advisory (Plan)

$41,869

ATCHLEY & ASSOCIATES4+ years

Service code 10 · EIN 74-2920819

Accounting

$9,000

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,200

ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASBESTOS WORKERS LOCAL NO. 87 DEFINED CONTRIBUTION 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