Retirement plan

UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 401(K) PLAN

Name: BOARD OF TRUSTEES, U.A. UNION LOCAL NO. 290 PLUMBER, - UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 401(K) PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES, U.A. UNION LOCAL NO. 290 PLUMBER,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 401(K) PLAN, BOARD OF TRUSTEES, U.A. UNION LOCAL NO. 290 PLUMBER,

BOARD OF TRUSTEES, U.A. UNION LOCAL NO. 290 PLUMBER,dba STEAMFITTER AND SHIPFITTER INDUSTRYEIN 93-1143757Plan #002PY 2017

12205 SW TUALATIN RD STE 200 - TUALATIN, OR 97062866-796-7623

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$110.7M

+17.9% from 2016

Total participants

2,692

+3.0% from 2016

Average account balance

$55,888

+14.6% from 2016

Annual return

17.03%

+8.66 pp from 2016

Benchmarks

See 390 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort390 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$235.62M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

3,115

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

$15.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$102

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
VERUS1 year Filed as: VERUS ADVISORY, INC. Service code 27 · EIN 91-1320111	Advisory (Plan)	$41,500
ZENITH AMERICAN SOLUTIONS3+ years Service code 13 · EIN 52-1590516	Contract Administrator	$38,071
US BANK1 year Service code 19 · EIN 31-0841368	Securities Custodian	$19,969
MCKENZIE ROTHWELL BARLOW & COUGHRAN1 year Service code 29 · EIN 91-0889948	Legal	$18,121
LINDQUIST LLP3+ years Service code 10 · EIN 52-2385296	Accounting	$17,325
MCMORGAN & COMPANY LLC1 year Service code 59 · EIN 52-2334338	Shareholder Servicing	$6,853

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

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

$173K

$67 / participant

Investment mgmt$55K31.5%
Contract admin$34K19.7%
Other / not subdivided$84K48.8%

% of EOY assets

0.156%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,888

$221,442-74.8%

$92,240-39.4%

$77,958-28.3%

Participation rate

72.5%

79.6%-7.1pp

76.5%-4.0pp

71.6%+0.9pp

Annual return

17.03%

15.65%+1.4pp

176.29%-159.3pp

20.87%-3.8pp

Employer contribution / active EE

$3,226-100.0%

$3,680-100.0%

$2,310-100.0%

Participant deferral / active EE

$2,643

$2,779-4.9%

$3,897-32.2%

$3,537-25.3%

Admin fee / account holder

$87

$210-58.4%

$5,194-98.3%

$97-10.3%

Provider

Service type

Compensation

VERUS1 year

Filed as: VERUS ADVISORY, INC.

Service code 27 · EIN 91-1320111

Advisory (Plan)

$41,500

ZENITH AMERICAN SOLUTIONS3+ years

Service code 13 · EIN 52-1590516

Contract Administrator

$38,071

US BANK1 year

Service code 19 · EIN 31-0841368

Securities Custodian

$19,969

MCKENZIE ROTHWELL BARLOW & COUGHRAN1 year

Service code 29 · EIN 91-0889948

Legal

$18,121

LINDQUIST LLP3+ years

Service code 10 · EIN 52-2385296

Accounting

$17,325

MCMORGAN & COMPANY LLC1 year

Service code 59 · EIN 52-2334338

Shareholder Servicing

$6,853

UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 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