Retirement plan

U.A. LOCAL 393 TRUST FUND DEFINED CONTRIBUTION PLAN

Name: BOARD OF TRUSTEES U.A. LOCAL 393 PENSION TRUST DEFINED CONTRIBUTION - U.A. LOCAL 393 TRUST FUND DEFINED CONTRIBUTION PLAN (2015) Form 5500
Creator: BOARD OF TRUSTEES U.A. LOCAL 393 PENSION TRUST DEFINED CONTRIBUTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. LOCAL 393 TRUST FUND DEFINED CONTRIBUTION PLAN, BOARD OF TRUSTEES U.A. LOCAL 393 PENSION TRUST DEFINED CONTRIBUTION

BOARD OF TRUSTEES U.A. LOCAL 393 PENSION TRUST DEFINED CONTRIBUTIONEIN 94-6075617Plan #003PY 2015

1731 TECHNOLOGY DRIVE SUITE 570 - SAN JOSE, CA 951101326408-588-3770

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$404.7M

-5.0% from 2016

Total participants

2,412

-3.1% from 2016

Average account balance

No prior year

Annual return

0.72%

-3.58 pp from 2016

Benchmarks

See 297 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort297 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$772.04M

Not enough data

1 years with asset history on file

Average account balance

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

$231K

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.

3,349

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

$41.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$945

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 10 of 14 by compensation

Provider	Service type	Compensation
NUVEEN1+ years Filed as: NWQ INVESTMENTS Service code 28 · EIN 47-0875103 2049 CENTURY PARK E 16TH FLOOR · LOS ANGELES, CA 90067	Investment Management	$497,406
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS Service code 28 · EIN 23-2384840 550 SOUTH WINCHESTER BLVD, STE 601 · SAN JOSE, CA 95128	Investment Management	$332,849
RIDGEWORTH1+ years Filed as: MONTAG & CALDWELL Service code 28 · EIN 58-1022504 3455 PEACHTREE ROAD NE SUITE 1200 · ATLANTA, GA 30326	Investment Management	$186,656
BENESYS, INC.1+ years Filed as: BENESYS ADMINISTRATORS Service code 13 · EIN 38-2383171 1731 TECHNOLOGY DR STE 570 · SAN JOSE, CA 95110	Contract Administrator	$179,029
KAUFMANN & GOBLE1+ years Service code 15 · EIN 94-2614826 160 W SANTA CLARA ST SUITE 1550 · SAN JOSE, CA 95113	Recordkeeping	$177,668
DELAWARE INVESTMENTS1+ years Filed as: DELAWARE Service code 28 LEVEL 36, 2005 MARKET ST · PHILADELPHIA, PA 19103	Investment Management	$159,181
FAYEZ SAROFIM & CO1+ years Filed as: FAYEZ SAROFIM, CO. Service code 28 · EIN 74-1312679 2 HOUSTON CENTER STE 2907 · HOUSTON, TX 77010	Investment Management	$137,354
WHITESTAR ADVISORS, LLC1+ years Filed as: WHITESTAR ADVISORS LLC Service code 28 · EIN 03-0496641 902 CLINT MOORE RD SUITE 220 · BOCA RATON, FL 33487	Investment Management	$131,500
MATRIX TRUST COMPANY1+ years Filed as: MATRIX TRUST Service code 19 · EIN 75-3182674 2800 NORTH CENTRAL AVENUE STE 900 · PHEONIX, AZ 85004	Securities Custodian	$124,193
COLUMBIA1+ years Service code 28 PO BOX 8081 · BOSTON, MA 02266	Investment Management	$88,319

Plan features & details

Pension benefit codes2E2J2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$1519 / participant

Investment mgmt$1M59.0%
Contract admin$179K8.0%
Other / not subdivided$743K33.1%

% of EOY assets

0.555%

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: HEMMING MORSE CPAS & CONSULTANTS
Auditor EIN: 300702322
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,516-100.0%

$75,784-100.0%

$59,188-100.0%

Participation rate

0.0%

73.6%-73.6pp

75.8%-75.8pp

69.4%-69.4pp

Annual return

0.72%

-1.89%+2.6pp

9.68%-9.0pp

5.51%-4.8pp

Employer contribution / active EE

$6,331

$2,604+143.2%

$3,323+90.5%

$2,098+201.8%

Participant deferral / active EE

$6,722

$2,599+158.7%

$3,652+84.1%

$3,265+105.9%

Admin fee / account holder

$110-100.0%

$5,300-100.0%

$92-100.0%

Provider

Service type

Compensation

NUVEEN1+ years

Filed as: NWQ INVESTMENTS

Service code 28 · EIN 47-0875103

2049 CENTURY PARK E 16TH FLOOR · LOS ANGELES, CA 90067

Investment Management

$497,406

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS

Service code 28 · EIN 23-2384840

550 SOUTH WINCHESTER BLVD, STE 601 · SAN JOSE, CA 95128

Investment Management

$332,849

RIDGEWORTH1+ years

Filed as: MONTAG & CALDWELL

Service code 28 · EIN 58-1022504

3455 PEACHTREE ROAD NE SUITE 1200 · ATLANTA, GA 30326

Investment Management

$186,656

BENESYS, INC.1+ years

Filed as: BENESYS ADMINISTRATORS

Service code 13 · EIN 38-2383171

1731 TECHNOLOGY DR STE 570 · SAN JOSE, CA 95110

Contract Administrator

$179,029

KAUFMANN & GOBLE1+ years

Service code 15 · EIN 94-2614826

160 W SANTA CLARA ST SUITE 1550 · SAN JOSE, CA 95113

Recordkeeping

$177,668

DELAWARE INVESTMENTS1+ years

Filed as: DELAWARE

Service code 28

LEVEL 36, 2005 MARKET ST · PHILADELPHIA, PA 19103

Investment Management

$159,181

FAYEZ SAROFIM & CO1+ years

Filed as: FAYEZ SAROFIM, CO.

Service code 28 · EIN 74-1312679

2 HOUSTON CENTER STE 2907 · HOUSTON, TX 77010

Investment Management

$137,354

WHITESTAR ADVISORS, LLC1+ years

Filed as: WHITESTAR ADVISORS LLC

Service code 28 · EIN 03-0496641

902 CLINT MOORE RD SUITE 220 · BOCA RATON, FL 33487

Investment Management

$131,500

MATRIX TRUST COMPANY1+ years

Filed as: MATRIX TRUST

Service code 19 · EIN 75-3182674

2800 NORTH CENTRAL AVENUE STE 900 · PHEONIX, AZ 85004

Securities Custodian

$124,193

COLUMBIA1+ years

Service code 28

PO BOX 8081 · BOSTON, MA 02266

Investment Management

$88,319

U.A. LOCAL 393 TRUST FUND DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. LOCAL 393 TRUST FUND 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