Retirement plan

IND ACCT PLAN FOR THE OREGON SHEET METAL WORKERS

Name: BOT - OREGON SHEET METAL WORKERS MASTER RETIREMENT TRUST - IND ACCT PLAN FOR THE OREGON SHEET METAL WORKERS (2017) Form 5500
Creator: BOT - OREGON SHEET METAL WORKERS MASTER RETIREMENT TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IND ACCT PLAN FOR THE OREGON SHEET METAL WORKERS, BOT - OREGON SHEET METAL WORKERS MASTER RETIREMENT TRUST

BOT - OREGON SHEET METAL WORKERS MASTER RETIREMENT TRUSTEIN 93-6018501Plan #002PY 2017

12029 NE GLENN WIDING DRIVE - PORTLAND, OR 97220503-282-5581

Other plans on this EIN

1 filing

#001Retirement-$381.9M assets

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$53.8M

-2.5% from 2016

Total participants

1,659

-5.9% from 2016

Average account balance

$32,426

+3.6% from 2016

Annual return

15.71%

-3.91 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

$62.71M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

1,393

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

$2.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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
WILLIAM C. EARHART CO., INC.3+ years Filed as: THE WILLIAM C. EARHART COMPANY INC. Service code 13 · EIN 93-0509592	Contract Administrator	$78,000
WASHINGTON CAPITAL MANAGEMENT, INC.3+ years Filed as: WASHINGTON CAPITAL MANAGEMENT Service code 28 · EIN 95-3046237	Investment Management	$71,068
CLIFTONLARSONALLEN LLP3+ years Service code 10 · EIN 41-0746749	Accounting	$22,400
JP MORGAN INVESTMENT MANAGEMENT INC3+ years Filed as: RAINIER INVESTMENT MANAGEMENT Service code 28 · EIN 91-1457076	Investment Management	$20,520
THE SEGAL COMPANY1 year Filed as: SEGAL MARCO INVESTMENT CONSULTING Service code 16 · EIN 36-3555078	Consulting	$19,652
WEDGE CAPITAL MANAGEMENT3+ years Service code 28 · EIN 56-1557450	Investment Management	$19,604
OGLETREE DEAKINS1 year Filed as: OGLETREE, DEAKINS, NASH, ET AL. Service code 29 222 SW COLUMBIA ST., SUITE 1500 · PORTLAND, OR 97201	Legal	$10,378
COMERICA BANK3+ years Service code 28 · EIN 38-0477375	Investment Management	$10,014

Plan features & details

Pension benefit codes2E2J2K2F2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant 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

$310K

$233 / participant

Investment mgmt$143K46.2%
Contract admin$78K25.2%
Other / not subdivided$89K28.6%

% of EOY assets

0.576%

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

$32,426

$221,442-85.4%

$92,240-64.8%

$77,958-58.4%

Participation rate

100.0%

79.6%+20.4pp

76.5%+23.5pp

71.6%+28.4pp

Annual return

15.71%

15.65%+0.1pp

176.29%-160.6pp

20.87%-5.2pp

Employer contribution / active EE

$3,226-100.0%

$3,680-100.0%

$2,310-100.0%

Participant deferral / active EE

$863

$2,779-69.0%

$3,897-77.9%

$3,537-75.6%

Admin fee / account holder

$187

$210-10.9%

$5,194-96.4%

$97+91.8%

Provider

Service type

Compensation

WILLIAM C. EARHART CO., INC.3+ years

Filed as: THE WILLIAM C. EARHART COMPANY INC.

Service code 13 · EIN 93-0509592

Contract Administrator

$78,000

WASHINGTON CAPITAL MANAGEMENT, INC.3+ years

Filed as: WASHINGTON CAPITAL MANAGEMENT

Service code 28 · EIN 95-3046237

Investment Management

$71,068

CLIFTONLARSONALLEN LLP3+ years

Service code 10 · EIN 41-0746749

Accounting

$22,400

JP MORGAN INVESTMENT MANAGEMENT INC3+ years

Filed as: RAINIER INVESTMENT MANAGEMENT

Service code 28 · EIN 91-1457076

Investment Management

$20,520

THE SEGAL COMPANY1 year

Filed as: SEGAL MARCO INVESTMENT CONSULTING

Service code 16 · EIN 36-3555078

Consulting

$19,652

WEDGE CAPITAL MANAGEMENT3+ years

Service code 28 · EIN 56-1557450

Investment Management

$19,604

OGLETREE DEAKINS1 year

Filed as: OGLETREE, DEAKINS, NASH, ET AL.

Service code 29

222 SW COLUMBIA ST., SUITE 1500 · PORTLAND, OR 97201

Legal

$10,378

COMERICA BANK3+ years

Service code 28 · EIN 38-0477375

Investment Management

$10,014

IND ACCT PLAN FOR THE OREGON SHEET METAL WORKERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IND ACCT PLAN FOR THE OREGON SHEET METAL WORKERS

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