Retirement plan

U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN

Name: BOARD OF TRUSTEES OF U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN - U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN (2016) Form 5500
Creator: BOARD OF TRUSTEES OF U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN, BOARD OF TRUSTEES OF U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN

BOARD OF TRUSTEES OF U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLANEIN 94-2859426Plan #003PY 2016

4160 DUBLIN BOULEVARD, SUITE 400 - DUBLIN, CA 945687756925-833-7300

Other plans on this EIN

1 filing

#001Retirement-$80.1M assets

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$59M

+8.0% from 2015

Total participants

764

+2.7% from 2015

Average account balance

$78,509

+5.3% from 2015

Annual return

7.59%

+7.12 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$75.68M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

834

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.75M

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

+6.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$258

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 5 by compensation

Provider	Service type	Compensation
HLTH SRVCS & BENEFIT ADMINISTRATORS2+ years Service code 13 · EIN 94-3089464	Contract Administrator	$22,242
LINDQUIST LLP2+ years Service code 10 · EIN 52-2385296	Accounting	$22,173
ALAN BILLER & ASSOCIATES2+ years Filed as: ALAN D. BILLER AND ASSOCIATES Service code 27 · EIN 94-2854958	Advisory (Plan)	$20,000
KRAW LAW GROUP2+ years Filed as: KRAW & KRAW GROUP APC Service code 29 · EIN 32-0465891	Legal	$15,747
U.A. LOCAL 1592+ years Service code 14 · EIN 94-0944925	Plan Administrator	$6,192

Plan features & details

Pension benefit codes2C2E2F2G2J

Plan features

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

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

$113K

$157 / participant

Investment mgmt$20K17.7%
Contract admin$22K19.4%
Other / not subdivided$71K62.9%

% of EOY assets

0.192%

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: LINDQUIST LLP
Auditor EIN: 522385296
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,509

$57,921+35.5%

$84,753-7.4%

$57,658+36.2%

Participation rate

98.2%

72.9%+25.3pp

76.6%+21.6pp

70.2%+28.0pp

Annual return

7.59%

10.24%-2.7pp

22.78%-15.2pp

5.13%+2.5pp

Employer contribution / active EE

$1,470

$2,598-43.4%

$3,574-58.9%

$1,974-25.5%

Participant deferral / active EE

$824

$2,742-69.9%

$3,712-77.8%

$3,061-73.1%

Admin fee / account holder

$150

$130+16.0%

$5,333-97.2%

$95+59.2%

Provider

Service type

Compensation

HLTH SRVCS & BENEFIT ADMINISTRATORS2+ years

Service code 13 · EIN 94-3089464

Contract Administrator

$22,242

LINDQUIST LLP2+ years

Service code 10 · EIN 52-2385296

Accounting

$22,173

ALAN BILLER & ASSOCIATES2+ years

Filed as: ALAN D. BILLER AND ASSOCIATES

Service code 27 · EIN 94-2854958

Advisory (Plan)

$20,000

KRAW LAW GROUP2+ years

Filed as: KRAW & KRAW GROUP APC

Service code 29 · EIN 32-0465891

Legal

$15,747

U.A. LOCAL 1592+ years

Service code 14 · EIN 94-0944925

Plan Administrator

$6,192

U.A. LOCAL NO. 159 DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. LOCAL NO. 159 DEFINED CONTRIBUTION 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