Retirement plan

INLANDBOATMEN'S UNION OF THE PACIFIC NATIONAL 401(K) PLAN

Name: BRD OF TRUSTEES, IBU OF THE PACIFIC NATIONAL PENSION TRUST - INLANDBOATMEN'S UNION OF THE PACIFIC NATIONAL 401(K) PLAN (2021) Form 5500
Creator: BRD OF TRUSTEES, IBU OF THE PACIFIC NATIONAL PENSION TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INLANDBOATMEN'S UNION OF THE PACIFIC NATIONAL 401(K) PLAN, BRD OF TRUSTEES, IBU OF THE PACIFIC NATIONAL PENSION TRUST

BRD OF TRUSTEES, IBU OF THE PACIFIC NATIONAL PENSION TRUSTEIN 93-0792184Plan #002PY 2021

5331 S MACADAM AVE, SUITE 220 - PORTLAND, OR 97239503-224-0048

Other plans on this EIN

1 filing

#001Retirement-$303.5M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$62.5M

-12.3% from 2017

Total participants

1,050

-3.1% from 2017

Average account balance

$118,688

-11.1% from 2017

Annual return

31.69%

-14.26 pp from 2017

Benchmarks

See 632 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort632 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$68.86M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

612

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$255

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 4 by compensation

Provider	Service type	Compensation
VERUS6+ years Service code 28 · EIN 91-1320111	Investment Management	$35,000
BENESYS, INC.6+ years Filed as: BENESYS INC Service code 14 · EIN 38-2383171	Plan Administrator	$31,528
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK TRUST COMPANY, LLC Service code 12 · EIN 01-0233346	Finders' fees / placement fees; Parti...	$24,891
CLIFTONLARSONALLEN LLP2 years Filed as: CLIFTONLARSONALLEN LP Service code 10 · EIN 41-0746749	Accounting	$15,172

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$131K

$140 / participant

Investment mgmt$35K26.7%
Contract admin$54K41.1%
Other / not subdivided$42K32.2%

% of EOY assets

0.210%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410476749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$118,688

$58,347+103.4%

$85,708+38.5%

$86,828+36.7%

Participation rate

44.1%

64.9%-20.9pp

69.9%-25.8pp

72.3%-28.2pp

Annual return

31.69%

18.43%+13.3pp

21.49%+10.2pp

97.95%-66.3pp

Employer contribution / active EE

$1,751-100.0%

$2,618-100.0%

$2,406-100.0%

Participant deferral / active EE

$3,110

$3,065+1.5%

$3,922-20.7%

$4,132-24.7%

Admin fee / account holder

$249

$147+68.7%

$6,876-96.4%

$170+46.7%

Provider

Service type

Compensation

VERUS6+ years

Service code 28 · EIN 91-1320111

Investment Management

$35,000

BENESYS, INC.6+ years

Filed as: BENESYS INC

Service code 14 · EIN 38-2383171

Plan Administrator

$31,528

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK TRUST COMPANY, LLC

Service code 12 · EIN 01-0233346

Finders' fees / placement fees; Parti...

$24,891

CLIFTONLARSONALLEN LLP2 years

Filed as: CLIFTONLARSONALLEN LP

Service code 10 · EIN 41-0746749

Accounting

$15,172

INLANDBOATMEN'S UNION OF THE PACIFIC NATIONAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INLANDBOATMEN'S UNION OF THE PACIFIC NATIONAL 401(K) 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