Retirement plan

CORNELL-HART PENSION PLAN

Name: CORNELL-HART PENSION PLAN BOARD OR TRUSTEES - CORNELL-HART PENSION PLAN (2017) Form 5500
Creator: CORNELL-HART PENSION PLAN BOARD OR TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORNELL-HART PENSION PLAN, CORNELL-HART PENSION PLAN BOARD OR TRUSTEES

CORNELL-HART PENSION PLAN BOARD OR TRUSTEESEIN 93-0747524Plan #002PY 2017

1220 SW MORRISON, SUITE 300 - PORTLAND, OR 972052222503-224-0048

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$42.4M

+6.3% from 2016

Total participants

695

+3.7% from 2016

Average account balance

$61,053

+2.5% from 2016

Annual return

8.40%

+10.35 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$101.92M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

1,793

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+5.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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 8 by compensation

Provider	Service type	Compensation
FERGUSON WELLMAN CAPITAL MANAGEMENT2+ years Service code 28 · EIN 93-0646988 888 SW 5TH AVE., 1200 · PORTLAND, OR 97204	Investment Management	$64,956
BENESYS, INC.2+ years Service code 13 · EIN 38-2383171 1220 SW MORRISON ST, 300 · PORTLAND, OR 972052222	Contract Administrator	$33,646
BJORKLUND & MONTPLAISIR2+ years Service code 10 · EIN 93-1015766 9020 SW WASHINGTON SQ RD · PORTLAND, OR 97223	Accounting	$15,600
BROWNSTEIN RASK LLP2+ years Service code 29 · EIN 93-0589000 1200 SW MAIN BUILDING · PORTLAND, OR 97205	Legal	$6,625
BENNETT, HARTMAN, MORRIS & KAPLAN2+ years Filed as: BENNETT HARTMAN MORRIS & KAPLAN LLP Service code 29 · EIN 93-0633539 210 SW MORRISON ST. 500 · PORTLAND, OR 972043149	Legal	$5,376
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: EMPOWER RETIREMENT Service code 13 · EIN 84-0467907 8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$0
J HERRLE2+ years Filed as: JH HERRLE & ASSOC. INSURANCE CO. Service code 22 · EIN 93-0692196 1800 SW 1ST AVE. STE 280 · PORTLAND, OR 97201	Insurance Broker	$0
THE BANK OF NEW YORK MELLON1 year Service code 19 · EIN 13-5160382 500 GRANT ST,STE 151-0625 · PITTSBURGH, PA 15258	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2J2G2T

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$157K

$242 / participant

Investment mgmt$65K41.4%
Contract admin$34K21.5%
Other / not subdivided$58K37.1%

% of EOY assets

0.369%

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: BJORKLUND & MONTPLAISIR
Auditor EIN: 931015766
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,053

$60,545+0.8%

$92,240-33.8%

$69,631-12.3%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

8.40%

19.71%-11.3pp

176.29%-167.9pp

27571.02%-27562.6pp

Employer contribution / active EE

$2,633-100.0%

$3,680-100.0%

$2,032-100.0%

Participant deferral / active EE

$2,318

$2,828-18.0%

$3,897-40.5%

$3,224-28.1%

Admin fee / account holder

$226

$145+55.8%

$5,194-95.7%

$110+104.2%

Provider

Service type

Compensation

FERGUSON WELLMAN CAPITAL MANAGEMENT2+ years

Service code 28 · EIN 93-0646988

888 SW 5TH AVE., 1200 · PORTLAND, OR 97204

Investment Management

$64,956

BENESYS, INC.2+ years

Service code 13 · EIN 38-2383171

1220 SW MORRISON ST, 300 · PORTLAND, OR 972052222

Contract Administrator

$33,646

BJORKLUND & MONTPLAISIR2+ years

Service code 10 · EIN 93-1015766

9020 SW WASHINGTON SQ RD · PORTLAND, OR 97223

Accounting

$15,600

BROWNSTEIN RASK LLP2+ years

Service code 29 · EIN 93-0589000

1200 SW MAIN BUILDING · PORTLAND, OR 97205

Legal

$6,625

BENNETT, HARTMAN, MORRIS & KAPLAN2+ years

Filed as: BENNETT HARTMAN MORRIS & KAPLAN LLP

Service code 29 · EIN 93-0633539

210 SW MORRISON ST. 500 · PORTLAND, OR 972043149

Legal

$5,376

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: EMPOWER RETIREMENT

Service code 13 · EIN 84-0467907

8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111

Contract Administrator

J HERRLE2+ years

Filed as: JH HERRLE & ASSOC. INSURANCE CO.

Service code 22 · EIN 93-0692196

1800 SW 1ST AVE. STE 280 · PORTLAND, OR 97201

Insurance Broker

THE BANK OF NEW YORK MELLON1 year

Service code 19 · EIN 13-5160382

500 GRANT ST,STE 151-0625 · PITTSBURGH, PA 15258

Securities Custodian

CORNELL-HART PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORNELL-HART PENSION 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