Retirement plan

U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN

Name: JOINT BOARD OF TRUSTEES OF UAPP - U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN (2016) Form 5500
Creator: JOINT BOARD OF TRUSTEES OF UAPP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN, JOINT BOARD OF TRUSTEES OF UAPP

JOINT BOARD OF TRUSTEES OF UAPPEIN 74-6181280Plan #002PY 2016

PO BOX 860007 - PLANO, TX 750860007866-434-2200

Other plans on this EIN

1 filing

#001Retirement-$91.7M assets

Prospect flagsLow returnsHigh cashLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.7M

No prior year

Total participants

587

No prior year

Average account balance

$11,331

No prior year

Annual return

-3.52%

No prior year

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.79M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

754

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

$411K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$545

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

+11.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$299

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 6 by compensation

Provider	Service type	Compensation
ALLIANCE BENEFIT GROUP1+ years Service code 64 · EIN 76-0500416 7525 HOLLISTER ST · HOUSTON, TX 77040	Recordkeeping Fees	$21,646
STEGEMUELLER, JETT & CO., P.C.1+ years Service code 10 · EIN 76-0774332 40 N E LOOP 410 STE 506 · SAN ANTONIO, TX 78216	Accounting	$19,000
ROBERT HARRELL INC.1+ years Filed as: ROBERT HARRELL, INC. Service code 28 · EIN 75-2387209 8310 CAPITAL OF TEXAS HIGHWAY N · AUSTIN, TX 78731	Investment Management	$17,068
AMERIBEN1+ years Service code 13 · EIN 82-0497661 520 CENTRAL PKWY E STE 311 · PLANO, TX 75074	Contract Administrator	$12,732
CONNER & WINTERS1+ years Service code 29 · EIN 73-1388566 808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002	Legal	$11,479
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 PO BOX 202770 · AUSTIN, TX 78720	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J

Plan features

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

5 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$89K

$158 / participant

Investment mgmt$17K19.3%
Contract admin$34K38.8%
Other / not subdivided$37K41.9%

% of EOY assets

1.331%

all-in expense ratio

Categories reported

2 / 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: STEGEMUELLER, JETT & CO., P.C.
Auditor EIN: 760774332
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,331

$57,921-80.4%

$84,753-86.6%

$57,658-80.3%

Participation rate

100.0%

72.9%+27.1pp

76.6%+23.4pp

70.2%+29.8pp

Annual return

-3.52%

10.24%-13.8pp

22.78%-26.3pp

5.13%-8.7pp

Employer contribution / active EE

$2,598-100.0%

$3,574-100.0%

$1,974-100.0%

Participant deferral / active EE

$396

$2,742-85.5%

$3,712-89.3%

$3,061-87.0%

Admin fee / account holder

$151

$130+16.3%

$5,333-97.2%

$95+59.6%

Provider

Service type

Compensation

ALLIANCE BENEFIT GROUP1+ years

Service code 64 · EIN 76-0500416

7525 HOLLISTER ST · HOUSTON, TX 77040

Recordkeeping Fees

$21,646

STEGEMUELLER, JETT & CO., P.C.1+ years

Service code 10 · EIN 76-0774332

40 N E LOOP 410 STE 506 · SAN ANTONIO, TX 78216

Accounting

$19,000

ROBERT HARRELL INC.1+ years

Filed as: ROBERT HARRELL, INC.

Service code 28 · EIN 75-2387209

8310 CAPITAL OF TEXAS HIGHWAY N · AUSTIN, TX 78731

Investment Management

$17,068

AMERIBEN1+ years

Service code 13 · EIN 82-0497661

520 CENTRAL PKWY E STE 311 · PLANO, TX 75074

Contract Administrator

$12,732

CONNER & WINTERS1+ years

Service code 29 · EIN 73-1388566

808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002

Legal

$11,479

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 19 · EIN 42-1558009

PO BOX 202770 · AUSTIN, TX 78720

Securities Custodian

U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING 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