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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$126.7M assets

Prospect flagsLow returnsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$7.8M

+7.0% from 2022

Total participants

760

-13.8% from 2022

Average account balance

$10,224

+24.2% from 2022

Annual return

12.17%

+27.24 pp from 2022

Benchmarks

See 1,502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,502 peers

Snapshot2023

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
HARPER & PEARSON COMPANY, P.C.6 years Filed as: HARPER & PEARSON COMPANY PC Service code 10 · EIN 74-1695589 ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056	Accounting	$42,667
ALLIANCE BENEFIT GROUP8+ years Service code 64 · EIN 76-0500416 7525 HOLLISTER ST. · HOUSTON, TX 77040	Recordkeeping Fees	$34,727
SOUTHWEST SERVICE ADMINISTRATORS4 years Filed as: SOUTHWEST SERVICE ADMINISTRATOR Service code 13 · EIN 86-0785790 2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080	Contract Administrator	$17,149
RBC WEALTH MANAGEMENT4 years Filed as: RBC CAPITAL MARKETS LLC Service code 28 · EIN 41-1416330 60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402	Investment Management	$15,648
CONNER & WINTERS8+ years Service code 29 · EIN 73-1388566 808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002	Legal	$11,586

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

3 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.
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

$185K

$243 / participant

Investment mgmt$16K8.5%
Contract admin$52K28.0%
Other / not subdivided$117K63.5%

% of EOY assets

2.381%

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 P.C.
Auditor EIN: 741695589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,224

$93,010-89.0%

$96,538-89.4%

$74,473-86.3%

Participation rate

100.0%

71.6%+28.4pp

74.3%+25.7pp

70.7%+29.3pp

Annual return

12.17%

37.50%-25.3pp

35.74%-23.6pp

34.36%-22.2pp

Employer contribution / active EE

$3,427-100.0%

$3,740-100.0%

$2,638-100.0%

Participant deferral / active EE

$376

$3,971-90.5%

$4,880-92.3%

$4,530-91.7%

Admin fee / account holder

$243

$633-61.6%

$6,737-96.4%

$347-29.9%

Provider

Service type

Compensation

HARPER & PEARSON COMPANY, P.C.6 years

Filed as: HARPER & PEARSON COMPANY PC

Service code 10 · EIN 74-1695589

ONE RIVERWAY, SUITE 1900 · HOUSTON, TX 77056

Accounting

$42,667

ALLIANCE BENEFIT GROUP8+ years

Service code 64 · EIN 76-0500416

7525 HOLLISTER ST. · HOUSTON, TX 77040

Recordkeeping Fees

$34,727

SOUTHWEST SERVICE ADMINISTRATORS4 years

Filed as: SOUTHWEST SERVICE ADMINISTRATOR

Service code 13 · EIN 86-0785790

2425 N. CENTRAL EXPRESSWAY 120 · RICHARDSON, TX 77080

Contract Administrator

$17,149

RBC WEALTH MANAGEMENT4 years

Filed as: RBC CAPITAL MARKETS LLC

Service code 28 · EIN 41-1416330

60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402

Investment Management

$15,648

CONNER & WINTERS8+ years

Service code 29 · EIN 73-1388566

808 TRAVIS STREET 23RD FLOOR · HOUSTON, TX 77002

Legal

$11,586

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