Retirement plan

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION

Name: BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSI - BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION (2017) Form 5500
Creator: BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION, BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSI

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSIEIN 74-2846833Plan #001PY 2017

2300 BUENA VISTA DR SE STE 127 - ALBUQUERQUE, NM 871064348505-265-8422

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$11.2M

+10.6% from 2016

Total participants

465

+4.0% from 2016

Average account balance

$24,103

+6.3% from 2016

Annual return

11.60%

+13.90 pp from 2016

Benchmarks

See 808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort808 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.51M

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.

997

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

$1.88M

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

+4.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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 4 by compensation

Provider	Service type	Compensation
BMO HARRIS BANK NA2+ years Filed as: BMO HARRIS BANK N.A. Service code 15 · EIN 36-2085229 11270 WEST PARK PLACE · MILWAUKEE, WI 53224	Recordkeeping	$79,378
SOUTHWEST SERVICE ADMINISTRATORS2+ years Service code 13 · EIN 86-0785790 2300 BUENA VISTA DR SE STE 127 · ALBUQUERQUE, NM 871064348	Contract Administrator	$10,159
WALKER & VAN HEIJENOORT2+ years Service code 29 · EIN 85-0369189 4263 MONTGOMERY BLVD NE #230A · ALBUQUERQUE, NM 87109	Legal	$8,735
BALDWIN & BALDWIN PLLC2+ years Service code 10 · EIN 46-4370753 701 NORTH 44TH STREET · PHOENIX, AZ 85008	Accounting	$8,000

Plan features & details

Pension benefit codes2J2G2F2E

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$115K

$335 / participant

Investment mgmt$16K14.2%
Contract admin$82K71.2%
Other / not subdivided$17K14.6%

% of EOY assets

1.026%

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: BALDWIN & BALDWIN PLLC
Auditor EIN: 464370753
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,103

$46,100-47.7%

$86,582-72.2%

$69,631-65.4%

Participation rate

100.0%

67.2%+32.8pp

73.5%+26.5pp

70.7%+29.3pp

Annual return

11.60%

21.02%-9.4pp

965.08%-953.5pp

27571.02%-27559.4pp

Employer contribution / active EE

$697

$1,850-62.3%

$2,839-75.5%

$2,032-65.7%

Participant deferral / active EE

$743

$2,432-69.5%

$3,609-79.4%

$3,224-77.0%

Admin fee / account holder

$247

$94+163.6%

$4,904-95.0%

$110+124.0%

Provider

Service type

Compensation

BMO HARRIS BANK NA2+ years

Filed as: BMO HARRIS BANK N.A.

Service code 15 · EIN 36-2085229

11270 WEST PARK PLACE · MILWAUKEE, WI 53224

Recordkeeping

$79,378

SOUTHWEST SERVICE ADMINISTRATORS2+ years

Service code 13 · EIN 86-0785790

2300 BUENA VISTA DR SE STE 127 · ALBUQUERQUE, NM 871064348

Contract Administrator

$10,159

WALKER & VAN HEIJENOORT2+ years

Service code 29 · EIN 85-0369189

4263 MONTGOMERY BLVD NE #230A · ALBUQUERQUE, NM 87109

Legal

$8,735

BALDWIN & BALDWIN PLLC2+ years

Service code 10 · EIN 46-4370753

701 NORTH 44TH STREET · PHOENIX, AZ 85008

Accounting

$8,000

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOARD OF TRUSTEES SM WORKERS LOCAL UNION 49 DEFINED CONTRIBUTION PENSION

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