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 (2022) 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 2022

2425 N. CENTRAL EXPWY, SUITE 120 - RICHARDSON, TX 750802757469-423-6100

Other plans on this EIN

1 filing

#001Retirement-$114.8M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$7.3M

-17.5% from 2021

Total participants

882

+23.9% from 2021

Average account balance

$8,232

-33.4% from 2021

Annual return

-15.07%

-40.05 pp from 2021

Benchmarks

See 1,393 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,393 peers

Snapshot2022

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
ALLIANCE BENEFIT GROUP7+ years Service code 64 · EIN 76-0500416 7525 HOLLISTER ST. · HOUSTON, TX 77040	Recordkeeping Fees	$36,618
CONNER & WINTERS7+ years Service code 29 · EIN 73-1388566 808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002	Legal	$17,763
SOUTHWEST SERVICE ADMINISTRATORS3 years Filed as: SOUTHWEST SERVICE ADMINISTRATOR Service code 13 · EIN 86-0785790 2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080	Contract Administrator	$16,354
HARPER & PEARSON COMPANY, P.C.5 years Filed as: HARPER & PEARSON COMPANY PC Service code 10 · EIN 74-1695589 ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056	Accounting	$16,333
RBC WEALTH MANAGEMENT3 years Filed as: RBC CAPITAL MARKETS LLC Service code 28 · EIN 41-1416330 60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402	Investment Management	$11,040

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

$172K

$195 / participant

Investment mgmt$13K7.3%
Contract admin$53K30.8%
Other / not subdivided$107K61.9%

% of EOY assets

2.371%

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 COMPANY PC
Auditor EIN: 741695589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,232

$106,236-92.3%

$112,263-92.7%

$64,824-87.3%

Participation rate

100.0%

71.7%+28.3pp

75.1%+24.9pp

71.5%+28.5pp

Annual return

-15.07%

-6.02%-9.1pp

27.49%-42.6pp

32.84%-47.9pp

Employer contribution / active EE

$3,167-100.0%

$3,636-100.0%

$2,507-100.0%

Participant deferral / active EE

$396

$3,786-89.5%

$4,729-91.6%

$4,311-90.8%

Admin fee / account holder

$195

$452-56.8%

$6,410-97.0%

$188+3.9%

Provider

Service type

Compensation

ALLIANCE BENEFIT GROUP7+ years

Service code 64 · EIN 76-0500416

7525 HOLLISTER ST. · HOUSTON, TX 77040

Recordkeeping Fees

$36,618

CONNER & WINTERS7+ years

Service code 29 · EIN 73-1388566

808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002

Legal

$17,763

SOUTHWEST SERVICE ADMINISTRATORS3 years

Filed as: SOUTHWEST SERVICE ADMINISTRATOR

Service code 13 · EIN 86-0785790

2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080

Contract Administrator

$16,354

HARPER & PEARSON COMPANY, P.C.5 years

Filed as: HARPER & PEARSON COMPANY PC

Service code 10 · EIN 74-1695589

ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056

Accounting

$16,333

RBC WEALTH MANAGEMENT3 years

Filed as: RBC CAPITAL MARKETS LLC

Service code 28 · EIN 41-1416330

60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402

Investment Management

$11,040

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