Retirement plan

STATIONARY ENGINEERS LOCAL 39 ANNUITY TRUST FUND

Name: BD. OF TRUST. OF STATIONARY ENGINEERS LOC. 39 ANNUITY - STATIONARY ENGINEERS LOCAL 39 ANNUITY TRUST FUND (2023) Form 5500
Creator: BD. OF TRUST. OF STATIONARY ENGINEERS LOC. 39 ANNUITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STATIONARY ENGINEERS LOCAL 39 ANNUITY TRUST FUND, BD. OF TRUST. OF STATIONARY ENGINEERS LOC. 39 ANNUITY

BD. OF TRUST. OF STATIONARY ENGINEERS LOC. 39 ANNUITYEIN 94-2787714Plan #001PY 2023

4160 DUBLIN BOULEVARD, SUITE 400 - DUBLIN, CA 945687756925-208-2280

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$281.6M

-7.4% from 2016

Total participants

7,206

-0.3% from 2016

Average account balance

$49,604

-9.4% from 2016

Annual return

14.58%

-6.46 pp from 2016

Benchmarks

See 50 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants5,000-9,999

Cohort50 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$314.88M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

5,986

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.

77.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
BENESYS, INC.1 year Filed as: BENESYS Service code 13 · EIN 38-2383171	Contract Administrator	$196,105
MORGAN STANLEY SMITH BARNEY1 year Filed as: GRAYSTONE CONSULTING/MORGAN STANLEY Service code 27 · EIN 20-8764829	Advisory (Plan)	$100,000
WITHUMSMITH+BROWN, PC2 years Service code 10 · EIN 22-2027092	Accounting	$52,898
WEINBERG, ROGER & ROSENFELD9+ years Service code 29 · EIN 94-2458080	Legal	$43,004
TEAM FINANCIAL STRATEGIES1 year Filed as: TEAM ST. INC. Service code 36 · EIN 47-2090829	Direct payment from the plan; Copying...	$15,293

Plan features & details

Pension benefit codes2C2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$436K

$68 / participant

Recordkeeping$35K8.0%
Trustee / custodial$2K0.4%
Investment mgmt$100K22.9%
Legal$43K9.9%
Other trustee fees$3K0.6%
Contract admin$194K44.4%
Other / not subdivided$60K13.8%

% of EOY assets

0.155%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUMSMITH+BROWN, PC
Auditor EIN: 222027092
Audit fees: $18,100
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,604

$36,489+35.9%

$80,669-38.5%

$103,657-52.1%

Participation rate

76.3%

39.1%+37.2pp

67.0%+9.2pp

73.4%+2.9pp

Annual return

14.58%

64.53%-50.0pp

937.61%-923.0pp

33.13%-18.5pp

Employer contribution / active EE

$1,954

$1,018+91.9%

$2,724-28.3%

$3,216-39.2%

Participant deferral / active EE

$2,389-100.0%

$4,444-100.0%

$5,218-100.0%

Admin fee / account holder

$77

$479-83.9%

$5,384-98.6%

$114-32.7%

Provider

Service type

Compensation

BENESYS, INC.1 year

Filed as: BENESYS

Service code 13 · EIN 38-2383171

Contract Administrator

$196,105

MORGAN STANLEY SMITH BARNEY1 year

Filed as: GRAYSTONE CONSULTING/MORGAN STANLEY

Service code 27 · EIN 20-8764829

Advisory (Plan)

$100,000

WITHUMSMITH+BROWN, PC2 years

Service code 10 · EIN 22-2027092

Accounting

$52,898

WEINBERG, ROGER & ROSENFELD9+ years

Service code 29 · EIN 94-2458080

Legal

$43,004

TEAM FINANCIAL STRATEGIES1 year

Filed as: TEAM ST. INC.

Service code 36 · EIN 47-2090829

Direct payment from the plan; Copying...

$15,293

STATIONARY ENGINEERS LOCAL 39 ANNUITY TRUST FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STATIONARY ENGINEERS LOCAL 39 ANNUITY TRUST FUND

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