Retirement plan

ILWU-PMA SAVINGS (401(K)) PLAN

Name: PACIFIC MARITIME ASSOCIATION - ILWU-PMA SAVINGS (401(K)) PLAN (2017) Form 5500
Creator: PACIFIC MARITIME ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ILWU-PMA SAVINGS (401(K)) PLAN, PACIFIC MARITIME ASSOCIATION

PACIFIC MARITIME ASSOCIATIONEIN 94-1126322Plan #002PY 2017

555 MARKET STREET, THIRD FLOOR - SAN FRANCISCO, CA 94105415-576-3200pmanet.orgLinkedIn51-200 employeesmaritime

Prospect flagsLow returnsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$1835M

-13.7% from 2017

Total participants

16,189

+0.4% from 2017

Average account balance

$117,044

-11.3% from 2017

Annual return

14.20%

-14.65 pp from 2017

Benchmarks

See 41 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants>=10,000

Cohort41 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.44B

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

18,290

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.

91.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$193.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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
PRICEWATERHOUSECOOPERS LLP2+ years Service code 10 · EIN 13-4008324	Accounting	$99,434
ALAN BILLER & ASSOCIATES2+ years Filed as: ALAN D BILLER ASSOCIATES INC Service code 27 · EIN 94-2854958	Advisory (Plan)	$52,344
QDRO CONSULTANTS COMPANY, LLC2+ years Service code 12 · EIN 34-1820650	Claims processing; Direct payment fro...	$18,450
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 15 · EIN 04-2647786	Recordkeeping	$0

Plan features & details

Pension benefit codes2G2J2T2E

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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$146K

$10 / participant

Investment mgmt$44K30.3%
Other / not subdivided$102K69.7%

% of EOY assets

0.008%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,044

$106,972+9.4%

$71,671+63.3%

$80,976+44.5%

Participation rate

96.5%

64.4%+32.1pp

68.7%+27.7pp

68.3%+28.2pp

Annual return

14.20%

23.84%-9.6pp

20.65%-6.5pp

22.91%-8.7pp

Employer contribution / active EE

$2,015

$4,034-50.0%

$2,460-18.1%

$2,402-16.1%

Participant deferral / active EE

$6,259

$3,800+64.7%

$3,438+82.1%

$3,848+62.7%

Admin fee / account holder

$97-90.4%

$5,558-99.8%

$67-86.2%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP2+ years

Service code 10 · EIN 13-4008324

Accounting

$99,434

ALAN BILLER & ASSOCIATES2+ years

Filed as: ALAN D BILLER ASSOCIATES INC

Service code 27 · EIN 94-2854958

Advisory (Plan)

$52,344

QDRO CONSULTANTS COMPANY, LLC2+ years

Service code 12 · EIN 34-1820650

Claims processing; Direct payment fro...

$18,450

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 15 · EIN 04-2647786

Recordkeeping

ILWU-PMA SAVINGS (401(K)) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ILWU-PMA SAVINGS (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