Retirement plan

GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST 401(K) PLAN

Name: TRUSTEES OF THE GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST - GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST 401(K) PLAN (2024) Form 5500
Creator: TRUSTEES OF THE GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST 401(K) PLAN, TRUSTEES OF THE GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST

TRUSTEES OF THE GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUSTEIN 77-0691884Plan #001PY 2024

2725 CLIFTON AVE. - SAINT LOUIS, MO 63139314-361-2750

Prospect flagsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.6M

+12.6% from 2023

Total participants

569

+0.4% from 2023

Average account balance

$13,288

+11.4% from 2023

Annual return

13.01%

-2.00 pp from 2023

Benchmarks

See 1,547 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,547 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.56M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

569

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

$655K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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 2 by compensation

Provider	Service type	Compensation
EKON BENEFITS10+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD · ST LOUIS, MO 63108	Recordkeeping	$48,379
ANDERS MINKLER HUBER & HELM LLP10+ years Service code 10 · EIN 43-0831507 800 MARKET STREET, SUITE 500 · ST LOUIS, MO 63101	Accounting	$17,600

Plan features & details

Pension benefit codes2E2F2G2J2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer 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.
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

$62K

$180 / participant

Legal$3K5.6%
Contract admin$37K59.7%
Other / not subdivided$22K34.7%

% of EOY assets

0.821%

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: ANDERS MINKER HUBER & HELM LLP
Auditor EIN: 430831507
Audit fees: $17,600
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,288

$129,227-89.7%

$184,256-92.8%

$77,762-82.9%

Participation rate

100.0%

87.4%+12.6pp

86.8%+13.2pp

70.6%+29.4pp

Annual return

13.01%

33.24%-20.2pp

28.85%-15.8pp

31.27%-18.3pp

Employer contribution / active EE

$1,051

$4,412-76.2%

$6,427-83.6%

$2,728-61.5%

Participant deferral / active EE

$854

$7,307-88.3%

$9,133-90.6%

$4,651-81.6%

Admin fee / account holder

$109

$256-57.4%

$13,899-99.2%

$433-74.8%

Provider

Service type

Compensation

EKON BENEFITS10+ years

Service code 15 · EIN 43-1317863

4940 WASHINGTON BLVD · ST LOUIS, MO 63108

Recordkeeping

$48,379

ANDERS MINKLER HUBER & HELM LLP10+ years

Service code 10 · EIN 43-0831507

800 MARKET STREET, SUITE 500 · ST LOUIS, MO 63101

Accounting

$17,600

GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREATER ST. LOUIS SERVICE EMPLOYEES PENSION TRUST 401(K) 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