Retirement plan

CORNELL-HART PENSION PLAN

Name: CORNELL-HART PENSION PLAN BOARD OF TRUSTEES - CORNELL-HART PENSION PLAN (2024) 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 2024

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$91.8M

+26.9% from 2023

Total participants

1,667

+2.5% from 2023

Average account balance

$55,284

+23.9% from 2023

Annual return

18.57%

+24.27 pp from 2023

Benchmarks

See 560 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort560 peers

Snapshot2024

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
GREAT-WEST LIFE & ANNUITY INSURANCE9+ years Filed as: EMPOWER RETIREMENT Service code 13 · EIN 84-0467907 8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$147,741
FERGUSON WELLMAN CAPITAL MANAGEMENT9+ years Service code 27 · EIN 93-0646988 888 SW 5TH AVE., 1200 · PORTLAND, OR 97204	Advisory (Plan)	$99,687
BENESYS, INC.9+ years Service code 10 · EIN 38-2383171 5331 SW MACADAM AVE. 258 · PORTLAND, OR 97239	Accounting	$39,530
PLATFORM CPAS LLP1 year Service code 10 · EIN 88-4342576 6650 SW REDWOOD LN210 · PORTLAND, OR 97224	Accounting	$17,200
BROWNSTEIN RASK LLP9+ years Service code 29 · EIN 93-0589000 1200 SW MAIN BUILDING · PORTLAND, OR 97205	Legal	$7,081
J HERRLE9+ 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 MELLON8 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

$374K

$237 / participant

Recordkeeping$65K17.3%
Investment mgmt$183K48.9%
Legal$7K1.9%
Contract admin$40K10.6%
Other / not subdivided$80K21.4%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

4 / 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: $17,200
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,284

$241,850-77.1%

$102,412-46.0%

$199,960-72.4%

Participation rate

99.6%

78.3%+21.3pp

74.5%+25.1pp

72.0%+27.6pp

Annual return

18.57%

17.67%+0.9pp

24.94%-6.4pp

34.28%-15.7pp

Employer contribution / active EE

$4,253-100.0%

$3,870-100.0%

$3,036-100.0%

Participant deferral / active EE

$6,068

$3,961+53.2%

$5,060+19.9%

$5,087+19.3%

Admin fee / account holder

$225

$288-21.8%

$8,388-97.3%

$269-16.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE9+ years

Filed as: EMPOWER RETIREMENT

Service code 13 · EIN 84-0467907

8525 E ORCHARD RD 373 · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$147,741

FERGUSON WELLMAN CAPITAL MANAGEMENT9+ years

Service code 27 · EIN 93-0646988

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

Advisory (Plan)

$99,687

BENESYS, INC.9+ years

Service code 10 · EIN 38-2383171

5331 SW MACADAM AVE. 258 · PORTLAND, OR 97239

Accounting

$39,530

PLATFORM CPAS LLP1 year

Service code 10 · EIN 88-4342576

6650 SW REDWOOD LN210 · PORTLAND, OR 97224

Accounting

$17,200

BROWNSTEIN RASK LLP9+ years

Service code 29 · EIN 93-0589000

1200 SW MAIN BUILDING · PORTLAND, OR 97205

Legal

$7,081

J HERRLE9+ 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 MELLON8 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