Retirement plan

RETIREMENT PLAN OF THE IBEW LOCAL 76 RETIREMENT TRUST

Name: BOARD OF TRUSTEES, RETIREMENT PLAN OF THE IBEW - RETIREMENT PLAN OF THE IBEW LOCAL 76 RETIREMENT TRUST (2016) Form 5500
Creator: BOARD OF TRUSTEES, RETIREMENT PLAN OF THE IBEW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT PLAN OF THE IBEW LOCAL 76 RETIREMENT TRUST, BOARD OF TRUSTEES, RETIREMENT PLAN OF THE IBEW

BOARD OF TRUSTEES, RETIREMENT PLAN OF THE IBEWEIN 91-6243526Plan #001PY 2016

1322 N. POST - SPOKANE, WA 992012520509-534-0600

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$130M

+6.6% from 2015

Total participants

2,185

-1.5% from 2015

Average account balance

$59,488

+8.8% from 2015

Annual return

7.37%

+8.76 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$253.88M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

2,582

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.25M

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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 6 by compensation

Provider	Service type	Compensation
REHN & ASSOCIATES1 year Service code 13 · EIN 91-1008626	Contract Administrator	$95,423
EMPLOYEE BENEFIT ADMINISTRATORS2+ years Service code 13 · EIN 91-1690909	Contract Administrator	$58,678
LINDQUIST LLP2+ years Service code 10 · EIN 52-2385296	Accounting	$53,515
TURNER, STOEVE & GAGLIARDI, P.S.2+ years Filed as: TURNER, STOEVE & GAGLIARDI, PS Service code 29 · EIN 91-1282506	Legal	$51,664
MARCO CONSULTING GROUP2+ years Filed as: MARCO CONSULTING GROUP, INC Service code 17 · EIN 36-3555078	Pension Consulting	$42,500
THE SEGAL COMPANY2+ years Filed as: SEGAL SELECT INSURANCE SERVICES Service code 53 · EIN 46-0619194	Insurance Commissions	$6,026

Plan features & details

Pension benefit codes2G2J

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$361K

$169 / participant

Investment mgmt$43K11.8%
Contract admin$149K41.4%
Other / not subdivided$169K46.8%

% of EOY assets

0.278%

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: LINDQUIST LLP
Auditor EIN: 522385296
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,488

$54,392+9.4%

$84,753-29.8%

$63,975-7.0%

Participation rate

100.0%

76.9%+23.1pp

76.6%+23.4pp

71.1%+28.9pp

Annual return

7.37%

611.38%-604.0pp

22.78%-15.4pp

48.65%-41.3pp

Employer contribution / active EE

$1,772

$2,943-39.8%

$3,574-50.4%

$2,182-18.8%

Participant deferral / active EE

$2,593-100.0%

$3,712-100.0%

$3,356-100.0%

Admin fee / account holder

$165

$136+21.7%

$5,333-96.9%

$70+134.6%

Provider

Service type

Compensation

REHN & ASSOCIATES1 year

Service code 13 · EIN 91-1008626

Contract Administrator

$95,423

EMPLOYEE BENEFIT ADMINISTRATORS2+ years

Service code 13 · EIN 91-1690909

Contract Administrator

$58,678

LINDQUIST LLP2+ years

Service code 10 · EIN 52-2385296

Accounting

$53,515

TURNER, STOEVE & GAGLIARDI, P.S.2+ years

Filed as: TURNER, STOEVE & GAGLIARDI, PS

Service code 29 · EIN 91-1282506

Legal

$51,664

MARCO CONSULTING GROUP2+ years

Filed as: MARCO CONSULTING GROUP, INC

Service code 17 · EIN 36-3555078

Pension Consulting

$42,500

THE SEGAL COMPANY2+ years

Filed as: SEGAL SELECT INSURANCE SERVICES

Service code 53 · EIN 46-0619194

Insurance Commissions

$6,026

RETIREMENT PLAN OF THE IBEW LOCAL 76 RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT PLAN OF THE IBEW LOCAL 76 RETIREMENT TRUST

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