Retirement plan

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

Name: U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN - U.A.P.P. LOCAL UNION NO.142 PROFIT SHARING PLAN (2021) Form 5500
Creator: U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A.P.P. LOCAL UNION NO.142 PROFIT SHARING PLAN, U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLAN

U.A.P.P. LOCAL UNION NO. 142 PROFIT SHARING PLANEIN 74-6181280Plan #002PY 2021

2425 N. CENTRAL EXPWY, SUITE 120 - RICHARDSON, TX 750802756469-423-6100

Other plans on this EIN

1 filing

#001Retirement-$136.5M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$8.8M

+22.5% from 2020

Total participants

712

-0.7% from 2020

Average account balance

$12,356

+23.3% from 2020

Annual return

24.98%

+17.60 pp from 2020

Benchmarks

See 1,300 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,300 peers

Snapshot2021

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
HARPER & PEARSON COMPANY, P.C.4 years Filed as: HARPER & PEARSON COMPANY PC Service code 10 · EIN 74-1695589 ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056	Accounting	$32,500
ALLIANCE BENEFIT GROUP6+ years Service code 64 · EIN 76-0500416 7525 HOLLISTER ST. · HOUSTON, TX 77040	Recordkeeping Fees	$32,201
SOUTHWEST SERVICE ADMINISTRATORS2 years Filed as: SOUTHWEST SERVICE ADMINISTRATOR Service code 13 · EIN 86-0785790 2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080	Contract Administrator	$16,495
RBC WEALTH MANAGEMENT2 years Filed as: RBC CAPITAL MARKETS LLC Service code 28 · EIN 41-1416330 60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402	Investment Management	$15,030
CONNER & WINTERS6+ years Service code 29 · EIN 73-1388566 808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002	Legal	$11,599

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

$112K

$157 / participant

Investment mgmt$15K13.4%
Contract admin$49K43.4%
Other / not subdivided$48K43.1%

% of EOY assets

1.274%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,356

$78,275-84.2%

$109,173-88.7%

$86,821-85.8%

Participation rate

100.0%

73.8%+26.2pp

75.9%+24.1pp

72.3%+27.7pp

Annual return

24.98%

19.14%+5.8pp

25.75%-0.8pp

97.94%-73.0pp

Employer contribution / active EE

$3,105-100.0%

$3,723-100.0%

$2,406-100.0%

Participant deferral / active EE

$408

$3,641-88.8%

$4,654-91.2%

$4,132-90.1%

Admin fee / account holder

$157

$198-20.7%

$6,755-97.7%

$170-7.2%

Provider

Service type

Compensation

HARPER & PEARSON COMPANY, P.C.4 years

Filed as: HARPER & PEARSON COMPANY PC

Service code 10 · EIN 74-1695589

ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056

Accounting

$32,500

ALLIANCE BENEFIT GROUP6+ years

Service code 64 · EIN 76-0500416

7525 HOLLISTER ST. · HOUSTON, TX 77040

Recordkeeping Fees

$32,201

SOUTHWEST SERVICE ADMINISTRATORS2 years

Filed as: SOUTHWEST SERVICE ADMINISTRATOR

Service code 13 · EIN 86-0785790

2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080

Contract Administrator

$16,495

RBC WEALTH MANAGEMENT2 years

Filed as: RBC CAPITAL MARKETS LLC

Service code 28 · EIN 41-1416330

60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402

Investment Management

$15,030

CONNER & WINTERS6+ years

Service code 29 · EIN 73-1388566

808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002

Legal

$11,599

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