Retirement plan

I.B.E.W. LOCAL 769 MANAGEMENT PENSION PLAN A

Name: BOARD OF TRUSTEES I.B.E.W. LOCAL 769 MGMT PENSION PLAN A - I.B.E.W. LOCAL 769 MANAGEMENT PENSION PLAN A (2017) Form 5500
Creator: BOARD OF TRUSTEES I.B.E.W. LOCAL 769 MGMT PENSION PLAN A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.B.E.W. LOCAL 769 MANAGEMENT PENSION PLAN A, BOARD OF TRUSTEES I.B.E.W. LOCAL 769 MGMT PENSION PLAN A

BOARD OF TRUSTEES I.B.E.W. LOCAL 769 MGMT PENSION PLAN AEIN 86-6049763Plan #001PY 2017

3260 N HAYDEN RD STE 107 - SCOTTSDALE, AZ 852516650480-481-0500

Other plans on this EIN

1 filing

#002Retirement-$253K assets

Prospect flagsHigh retiree %High cash

How to read this page

Total assets (EOY)

$93.8M

+13.2% from 2016

Total participants

1,260

+1.1% from 2016

Average account balance

No prior year

Annual return

10.36%

+12.01 pp from 2016

Benchmarks

See 193 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants250-999

Cohort193 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$230.02M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

614

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+11.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 8 by compensation

Provider	Service type	Compensation
PLAN EMPLOYEE2+ years Service code 30 3260 N. HAYDEN ROAD · SCOTTSDALE, AZ 85251	Employee (plan); Direct payment from ...	$124,762
CONDUENT HR CONSULTING, LLC1 year Filed as: CONDUENT HR CONSULTING Service code 11 · EIN 13-3954297	Actuarial	$67,755
THE SEGAL COMPANY1 year Filed as: SEGAL MARCO ADVISORS Service code 17 · EIN 13-2646110	Pension Consulting	$60,000
AMERICAN REALTY ADVISORS2+ years Service code 28 · EIN 33-0123114	Investment Management	$47,685
ONSAGER, WERNER & OBERG, P.L.C.2+ years Service code 29 · EIN 86-0960805	Legal	$41,603
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: BARINGS Service code 28 340 MADISON AVE · NEW YORK, NY 10173	Investment Management	$39,869
BERRY & CO., CPA'S LTD2+ years Filed as: BERRY & CO., CPAS Service code 10 · EIN 88-0400174	Accounting	$35,588
INTERCONTINENTAL REAL ESTATE CORP1 year Service code 28 1270 SOLDIERS FIELD RD · BOSTON, MA 02135	Investment Management	$10,736

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$553K

$768 / participant

Investment mgmt$161K29.1%
Other / not subdivided$392K70.9%

% of EOY assets

0.590%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERRY & CO, CPA'S LTD
Auditor EIN: 880400174
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,272-100.0%

$184,886-100.0%

$1,723,788-100.0%

Participation rate

0.0%

0.0%0pp

47.1%-47.1pp

1.9%-1.9pp

Annual return

10.36%

11.78%-1.4pp

8.32%+2.0pp

23.90%-13.5pp

Employer contribution / active EE

$9,510

$11,309-15.9%

$30,793-69.1%

$16,539-42.5%

Participant deferral / active EE

$90-100.0%

$350-100.0%

Admin fee / account holder

$337-100.0%

$2,802-100.0%

$18,975-100.0%

Provider

Service type

Compensation

PLAN EMPLOYEE2+ years

Service code 30

3260 N. HAYDEN ROAD · SCOTTSDALE, AZ 85251

Employee (plan); Direct payment from ...

$124,762

CONDUENT HR CONSULTING, LLC1 year

Filed as: CONDUENT HR CONSULTING

Service code 11 · EIN 13-3954297

Actuarial

$67,755

THE SEGAL COMPANY1 year

Filed as: SEGAL MARCO ADVISORS

Service code 17 · EIN 13-2646110

Pension Consulting

$60,000

AMERICAN REALTY ADVISORS2+ years

Service code 28 · EIN 33-0123114

Investment Management

$47,685

ONSAGER, WERNER & OBERG, P.L.C.2+ years

Service code 29 · EIN 86-0960805

Legal

$41,603

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: BARINGS

Service code 28

340 MADISON AVE · NEW YORK, NY 10173

Investment Management

$39,869

BERRY & CO., CPA'S LTD2+ years

Filed as: BERRY & CO., CPAS

Service code 10 · EIN 88-0400174

Accounting

$35,588

INTERCONTINENTAL REAL ESTATE CORP1 year

Service code 28

1270 SOLDIERS FIELD RD · BOSTON, MA 02135

Investment Management

$10,736

I.B.E.W. LOCAL 769 MANAGEMENT PENSION PLAN A

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.B.E.W. LOCAL 769 MANAGEMENT PENSION PLAN A

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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