Retirement plan

CORNELL-HART PENSION PLAN

Name: CORNELL-HART PENSION PLAN BOARD OF TRUSTEES - CORNELL-HART PENSION PLAN (2018) Form 5500
Creator: CORNELL-HART PENSION PLAN BOARD OF TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORNELL-HART PENSION PLAN, CORNELL-HART PENSION PLAN BOARD OF TRUSTEES

CORNELL-HART PENSION PLAN BOARD OF TRUSTEESEIN 93-0747524Plan #002PY 2018

5331 SW MACADAM AVE STE 258, PMB 116 - PORTLAND, OR 97239503-224-0048

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$44.8M

+5.6% from 2017

Total participants

778

+11.9% from 2017

Average account balance

$59,035

-3.3% from 2017

Annual return

7.55%

-0.85 pp from 2017

Benchmarks

See 1,182 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,182 peers

Snapshot2018

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 7 by compensation

Provider	Service type	Compensation
FERGUSON WELLMAN CAPITAL MANAGEMENT3+ years Service code 28 · EIN 93-0646988 888 SW 5TH AVE., 1200 · PORTLAND, OR 97204	Investment Management	$67,159
BENESYS, INC.3+ years Service code 13 · EIN 38-2383171 5331 SW MACADAM AVE. 258 · PORTLAND, OR 97239	Contract Administrator	$39,949
BJORKLUND & MONTPLAISIR3+ years Service code 10 · EIN 93-1015766 9020 SW WASHINGTON SQ RD · PORTLAND, OR 97223	Accounting	$15,600
BROWNSTEIN RASK LLP3+ years Service code 29 · EIN 93-0589000 1200 SW MAIN BUILDING · PORTLAND, OR 97205	Legal	$7,500
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: EMPOWER RETIREMENT Service code 15 · EIN 84-0467907 8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$0
J HERRLE3+ 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 MELLON2 years 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

1 tripped

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

$154K

$211 / participant

Investment mgmt$67K43.5%
Contract admin$40K25.9%
Other / not subdivided$47K30.6%

% of EOY assets

0.345%

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

$59,035

$56,443+4.6%

$83,831-29.6%

$55,725+5.9%

Participation rate

97.4%

72.0%+25.4pp

76.1%+21.3pp

70.9%+26.5pp

Annual return

7.55%

393.67%-386.1pp

850.99%-843.4pp

244.93%-237.4pp

Employer contribution / active EE

$2,682-100.0%

$3,631-100.0%

$2,078-100.0%

Participant deferral / active EE

$3,241

$2,965+9.3%

$4,082-20.6%

$3,356-3.4%

Admin fee / account holder

$203

$156+30.2%

$5,479-96.3%

$115+76.6%

Provider

Service type

Compensation

FERGUSON WELLMAN CAPITAL MANAGEMENT3+ years

Service code 28 · EIN 93-0646988

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

Investment Management

$67,159

BENESYS, INC.3+ years

Service code 13 · EIN 38-2383171

5331 SW MACADAM AVE. 258 · PORTLAND, OR 97239

Contract Administrator

$39,949

BJORKLUND & MONTPLAISIR3+ years

Service code 10 · EIN 93-1015766

9020 SW WASHINGTON SQ RD · PORTLAND, OR 97223

Accounting

$15,600

BROWNSTEIN RASK LLP3+ years

Service code 29 · EIN 93-0589000

1200 SW MAIN BUILDING · PORTLAND, OR 97205

Legal

$7,500

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: EMPOWER RETIREMENT

Service code 15 · EIN 84-0467907

8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111

Recordkeeping

J HERRLE3+ 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 MELLON2 years

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