Retirement plan

U.A. LOCAL 393 PENSION TRUST FUND -DEFINED BENEFIT

Name: U.A. LOCAL NO. 393 PENSION DEFINED BENEFIT - U.A. LOCAL 393 PENSION TRUST FUND -DEFINED BENEFIT (2020) Form 5500
Creator: U.A. LOCAL NO. 393 PENSION DEFINED BENEFIT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. LOCAL 393 PENSION TRUST FUND -DEFINED BENEFIT, U.A. LOCAL NO. 393 PENSION DEFINED BENEFIT

U.A. LOCAL NO. 393 PENSION DEFINED BENEFITEIN 94-6359772Plan #002PY 2020

C/O LIZ JESINGER - SAN JOSE, CA 95110408-588-3770

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$717.9M

-10.5% from 2016

Total participants

3,570

-1.7% from 2016

Average account balance

No prior year

Annual return

14.90%

-4.73 pp from 2016

Benchmarks

See 159 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort159 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.03B

Not enough data

1 years with asset history on file

Average account balance

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

$268K

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.

1,861

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 18 by compensation

Provider	Service type	Compensation
POLEN CAPITAL1 year Service code 28 1825 NW CORPORATE BLVD SUITE 300 · BOCA RATON, FL 33431	Investment Management	$784,654
NUVEEN6+ years Filed as: NWQ INVESTMENTS Service code 28 · EIN 47-0875103	Investment Management	$726,275
DELAWARE INVESTMENTS5 years Filed as: DELAWARE CAPITAL MANAGEMENT Service code 28 · EIN 23-3061021	Investment Management	$375,246
COLUMBIA6+ years Filed as: COLUMBIA MANAGEMENT INVESTMENT ADVI Service code 28 · EIN 41-1533211	Investment Management	$354,418
BENESYS, INC.6+ years Filed as: BENESYS ADMINISTRATORS Service code 13 · EIN 38-2383171	Contract Administrator	$293,542
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES FINANCIAL, INC. Service code 28 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Investment Management	$285,916
MATRIX TRUST COMPANY6+ years Service code 19 · EIN 75-3182674	Securities Custodian	$214,428
RIDGEWORTH6+ years Filed as: MONTAG & CALDWELL Service code 28 · EIN 58-1022504	Investment Management	$192,162
KAUFMANN & GOBLE6+ years Service code 11 · EIN 94-2614826	Actuarial	$120,000
NANCY FERGUSON6+ years Service code 30 · EIN 94-6359772	Direct payment from the plan; Employe...	$111,802

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$4.0M

$2023 / participant

Investment mgmt$3M71.0%
Contract admin$294K7.4%
Other / not subdivided$855K21.6%

% of EOY assets

0.551%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,072-100.0%

Participation rate

0.0%

0.0%0pp

33.1%-33.1pp

0.0%0pp

Annual return

14.90%

6.82%+8.1pp

8.01%+6.9pp

12.86%+2.0pp

Employer contribution / active EE

$24,638

$12,695+94.1%

$29,476-16.4%

$13,687+80.0%

Participant deferral / active EE

$735-100.0%

$833-100.0%

Admin fee / account holder

$630-100.0%

Provider

Service type

Compensation

POLEN CAPITAL1 year

Service code 28

1825 NW CORPORATE BLVD SUITE 300 · BOCA RATON, FL 33431

Investment Management

$784,654

NUVEEN6+ years

Filed as: NWQ INVESTMENTS

Service code 28 · EIN 47-0875103

Investment Management

$726,275

DELAWARE INVESTMENTS5 years

Filed as: DELAWARE CAPITAL MANAGEMENT

Service code 28 · EIN 23-3061021

Investment Management

$375,246

COLUMBIA6+ years

Filed as: COLUMBIA MANAGEMENT INVESTMENT ADVI

Service code 28 · EIN 41-1533211

Investment Management

$354,418

BENESYS, INC.6+ years

Filed as: BENESYS ADMINISTRATORS

Service code 13 · EIN 38-2383171

Contract Administrator

$293,542

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES FINANCIAL, INC.

Service code 28

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Investment Management

$285,916

MATRIX TRUST COMPANY6+ years

Service code 19 · EIN 75-3182674

Securities Custodian

$214,428

RIDGEWORTH6+ years

Filed as: MONTAG & CALDWELL

Service code 28 · EIN 58-1022504

Investment Management

$192,162

KAUFMANN & GOBLE6+ years

Service code 11 · EIN 94-2614826

Actuarial

$120,000

NANCY FERGUSON6+ years

Service code 30 · EIN 94-6359772

Direct payment from the plan; Employe...

$111,802

U.A. LOCAL 393 PENSION TRUST FUND -DEFINED BENEFIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. LOCAL 393 PENSION TRUST FUND -DEFINED BENEFIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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