Retirement plan

INTERNATIONAL ASSOCIATION OF PLUMBING & MECHANICAL

Name: IAPMO - INTERNATIONAL ASSOCIATION OF PLUMBING & MECHANICAL (2018) Form 5500
Creator: IAPMO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL ASSOCIATION OF PLUMBING & MECHANICAL, IAPMO

IAPMOEIN 95-1603192Plan #002PY 2018

5001 E PHILADELPHIA STREET - ONTARIO, CA 91761909-472-4206LinkedIn1-10 employeescivic & social organization

Prospect flagsHigh feesCorrective distributions

Top hat statement on fileNQDC

Filed January 1, 2012

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$43.4M

+2.0% from 2017

Total participants

217

+3.3% from 2017

Average account balance

$200,106

-1.3% from 2017

Annual return

-3.05%

-21.69 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$84.56M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

296

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

$6.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$431

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
PACIFIC PORTFOLIO CONSULTING4+ years Filed as: PACIFIC PORTFOLIO CONSULTING, LLC Service code 27 · EIN 20-3431077	Advisory (Plan)	$75,728
PACIFIC PORTFOLIO CONSULTING4+ years Filed as: PACIFIC PORTFOLIO CONSULTING LLC Service code 27	Advisory (Plan)	$33,138
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$20,238
AMERICAN FUNDS2 years Service code 52 · EIN 52-0792143	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3335387	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0
LAZARD ASSET MANAGEMENT2 years Filed as: LAZARD Service code 52 · EIN 20-0169148	Indirect Investment Fees	$0
NATIXIS FUNDS2 years Service code 52 · EIN 04-3219179	Indirect Investment Fees	$0
NORTHERN FUNDS2 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0
PIMCO FUNDS2 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2S2T

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$96K

$475 / participant

Investment mgmt$76K78.9%
Contract admin$20K21.1%

% of EOY assets

0.221%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MILLER GIANGRANDE LLP
Auditor EIN: 330098722
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$200,106

$73,102+173.7%

$123,553+62.0%

$56,289+255.5%

Participation rate

100.0%

74.3%+25.7pp

82.3%+17.7pp

69.9%+30.1pp

Annual return

-3.05%

3.01%-6.1pp

119.21%-122.3pp

-9.96%+6.9pp

Employer contribution / active EE

$11,974

$2,977+302.2%

$4,628+158.7%

$2,111+467.2%

Participant deferral / active EE

$6,525

$5,423+20.3%

$6,426+1.5%

$3,350+94.8%

Admin fee / account holder

$442

$554-20.1%

$9,284-95.2%

$521-15.1%

Provider

Service type

Compensation

PACIFIC PORTFOLIO CONSULTING4+ years

Filed as: PACIFIC PORTFOLIO CONSULTING, LLC

Service code 27 · EIN 20-3431077

Advisory (Plan)

$75,728

PACIFIC PORTFOLIO CONSULTING4+ years

Filed as: PACIFIC PORTFOLIO CONSULTING LLC

Service code 27

Advisory (Plan)

$33,138

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$20,238

AMERICAN FUNDS2 years

Service code 52 · EIN 52-0792143

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3335387

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

LAZARD ASSET MANAGEMENT2 years

Filed as: LAZARD

Service code 52 · EIN 20-0169148

Indirect Investment Fees

NATIXIS FUNDS2 years

Service code 52 · EIN 04-3219179

Indirect Investment Fees

NORTHERN FUNDS2 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

PIMCO FUNDS2 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

INTERNATIONAL ASSOCIATION OF PLUMBING & MECHANICAL

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL ASSOCIATION OF PLUMBING & MECHANICAL

Top hat statement on fileNQDC

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