Retirement plan

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

Name: JOINT BOARD OF TRUSTEES OF U.A.P.P. AMERIBEN - U.A.P.P. LOCAL UNION NO.142 PROFIT SHARING PLAN (2018) Form 5500
Creator: JOINT BOARD OF TRUSTEES OF U.A.P.P. AMERIBEN
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 U.A.P.P. AMERIBEN

JOINT BOARD OF TRUSTEES OF U.A.P.P. AMERIBENEIN 74-6181280Plan #002PY 2018

P.O. BOX 86007 - PLANO, TX 750860007866-434-2200

Other plans on this EIN

1 filing

#001Retirement-$106.6M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$7.1M

+3.7% from 2017

Total participants

561

-2.8% from 2017

Average account balance

$12,744

+6.7% from 2017

Annual return

9.04%

-3.89 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

$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 5 by compensation

Provider	Service type	Compensation
ALLIANCE BENEFIT GROUP3+ years Service code 64 · EIN 76-0500416 7525 HOLLISTER ST. · HOUSTON, TX 77040	Recordkeeping Fees	$24,412
HARPER & PEARSON COMPANY, P.C.1 year Filed as: HARPER & PEARSON COMPANY PC Service code 10 · EIN 74-1695589 ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056	Accounting	$20,400
CONNER & WINTERS3+ years Service code 29 · EIN 73-1388566 808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002	Legal	$19,982
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 28 · EIN 26-4310632 1400 CIVIC PLACE, SUITE 200 · SOUTHLAKE, TX 76092	Investment Management	$19,780
AMERIBEN3+ years Service code 13 · EIN 82-0497661 520 CENTRAL PKWY E. STE. 311 · PLANO, TX 75074	Contract Administrator	$12,732

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$155K

$276 / participant

Investment mgmt$47K30.1%
Contract admin$57K36.8%
Other / not subdivided$51K33.1%

% of EOY assets

2.165%

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: HARPER & PEARSON CO., P.C.
Auditor EIN: 741695589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,744

$56,443-77.4%

$83,831-84.8%

$55,725-77.1%

Participation rate

100.0%

72.0%+28.0pp

76.1%+23.9pp

70.9%+29.1pp

Annual return

9.04%

393.67%-384.6pp

850.99%-841.9pp

244.93%-235.9pp

Employer contribution / active EE

$2,682-100.0%

$3,631-100.0%

$2,078-100.0%

Participant deferral / active EE

$347

$2,965-88.3%

$4,082-91.5%

$3,356-89.6%

Admin fee / account holder

$276

$156+76.6%

$5,479-95.0%

$115+139.5%

Provider

Service type

Compensation

ALLIANCE BENEFIT GROUP3+ years

Service code 64 · EIN 76-0500416

7525 HOLLISTER ST. · HOUSTON, TX 77040

Recordkeeping Fees

$24,412

HARPER & PEARSON COMPANY, P.C.1 year

Filed as: HARPER & PEARSON COMPANY PC

Service code 10 · EIN 74-1695589

ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056

Accounting

$20,400

CONNER & WINTERS3+ years

Service code 29 · EIN 73-1388566

808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002

Legal

$19,982

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY

Service code 28 · EIN 26-4310632

1400 CIVIC PLACE, SUITE 200 · SOUTHLAKE, TX 76092

Investment Management

$19,780

AMERIBEN3+ years

Service code 13 · EIN 82-0497661

520 CENTRAL PKWY E. STE. 311 · PLANO, TX 75074

Contract Administrator

$12,732

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