Retirement plan

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 1 401(K) AND SUPPLEMENTAL RETIREMENT PLAN

Name: INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS - INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 1 401(K) AND SUPPLEMENTAL RETIREMENT PLAN (2024) Form 5500
Creator: INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 1 401(K) AND SUPPLEMENTAL RETIREMENT PLAN, INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORSdba AND ALLIED WORKERS LOCAL NO. 1EIN 81-3951349Plan #001PY 2024

502 EARTH CITY EXPRESSWAY STE 203 - EARTH CITY, MO 630451315314-344-8899LinkedIn1-10 employeesconstruction

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$14.8M

+44.2% from 2023

Total participants

506

+3.1% from 2023

Average account balance

$29,300

+40.0% from 2023

Annual return

29.03%

+13.99 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.83M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

506

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

$1.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+29.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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
EKON BENEFITS8+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD · ST LOUIS, MO 63108	Recordkeeping	$28,163
HAMMOND AND SHINNERS, P.C.2 years Service code 29 · EIN 43-1429257 7730 CARONDELET AVE. · ST. LOUIS, MO 63105	Legal	$7,996
GRABEL SCHNIEDERS HOLLMAN & CO3 years Filed as: GRABEL, SCHNEIDERS HOLLMAN & CO Service code 10 · EIN 43-1171178 6 W ARGONNE DRIVE, #200 · KIRKWOOD, MO 63122	Accounting	$7,675
EKON ADVISORS1 year Service code 27 4940 WASHINGTON BLVD · ST LOUIS, MO 63108	Advisory (Plan)	$7,500
ZENITH AMERICAN SOLUTIONS3 years Filed as: ZENITH-AMERICAN SOLUTIONS Service code 13 · EIN 52-1590516 502 EARTH CITY PLAZA STE 203 · EARTH CITY, MH 63045	Contract Administrator	$6,936

Plan features & details

Pension benefit codes2E2G2J2T

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.
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

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

$64K

$163 / participant

Investment mgmt$8K11.6%
Legal$8K12.4%
Contract admin$35K54.5%
Other / not subdivided$14K21.5%

% of EOY assets

0.435%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRABEL SCHNIEDERS HOLLMAN
Auditor EIN: 431171178
Audit fees: $7,675
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,300

$82,979-64.7%

$102,412-71.4%

$77,736-62.3%

Participation rate

100.0%

71.5%+28.5pp

74.5%+25.5pp

70.6%+29.4pp

Annual return

29.03%

19.11%+9.9pp

24.94%+4.1pp

31.26%-2.2pp

Employer contribution / active EE

$3,373

$3,554-5.1%

$3,870-12.8%

$2,728+23.6%

Participant deferral / active EE

$976

$4,109-76.2%

$5,060-80.7%

$4,651-79.0%

Admin fee / account holder

$127

$639-80.1%

$8,388-98.5%

$433-70.6%

Provider

Service type

Compensation

EKON BENEFITS8+ years

Service code 15 · EIN 43-1317863

4940 WASHINGTON BLVD · ST LOUIS, MO 63108

Recordkeeping

$28,163

HAMMOND AND SHINNERS, P.C.2 years

Service code 29 · EIN 43-1429257

7730 CARONDELET AVE. · ST. LOUIS, MO 63105

Legal

$7,996

GRABEL SCHNIEDERS HOLLMAN & CO3 years

Filed as: GRABEL, SCHNEIDERS HOLLMAN & CO

Service code 10 · EIN 43-1171178

6 W ARGONNE DRIVE, #200 · KIRKWOOD, MO 63122

Accounting

$7,675

EKON ADVISORS1 year

Service code 27

4940 WASHINGTON BLVD · ST LOUIS, MO 63108

Advisory (Plan)

$7,500

ZENITH AMERICAN SOLUTIONS3 years

Filed as: ZENITH-AMERICAN SOLUTIONS

Service code 13 · EIN 52-1590516

502 EARTH CITY PLAZA STE 203 · EARTH CITY, MH 63045

Contract Administrator

$6,936

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 1 401(K) AND SUPPLEMENTAL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 1 401(K) AND SUPPLEMENTAL RETIREMENT 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