Retirement plan

SOUTHWEST CARPENTERS TRAINING FUND EMPLOYEES SAVINGS TRUST

Name: SOUTHWEST CARPENTERS TRAINING FUND - SOUTHWEST CARPENTERS TRAINING FUND EMPLOYEES SAVINGS TRUST (2016) Form 5500
Creator: SOUTHWEST CARPENTERS TRAINING FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST CARPENTERS TRAINING FUND EMPLOYEES SAVINGS TRUST, SOUTHWEST CARPENTERS TRAINING FUND

SOUTHWEST CARPENTERS TRAINING FUNDEIN 95-2106266Plan #001PY 2016

533 S. FREMONT AVE., #401 - LOS ANGELES, CA 900711706213-739-9343

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$4.3M

-2.0% from 2015

Total participants

121

+5.2% from 2015

Average account balance

$65,123

+1.0% from 2015

Annual return

6.04%

+6.02 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.51M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

148

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$704K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5627

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS1 year Service code 27 · EIN 59-3331424	Advisory (Plan)	$14,137
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$1,515

Plan features & details

Pension benefit codes2E2F2T2G3D2J

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$163 / participant

Investment mgmt$14K90.3%
Contract admin$2K9.7%

% of EOY assets

0.364%

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: CALIBRE CPA GROUP
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,123

$76,551-14.9%

$123,894-47.4%

$62,881+3.6%

Participation rate

42.7%

73.0%-30.3pp

81.4%-38.7pp

69.3%-26.6pp

Annual return

6.04%

18.68%-12.6pp

47.52%-41.5pp

20.14%-14.1pp

Employer contribution / active EE

$2,882-100.0%

$4,617-100.0%

$2,281-100.0%

Participant deferral / active EE

$3,182

$4,840-34.3%

$5,984-46.8%

$3,203-0.7%

Admin fee / account holder

$237

$4,826-95.1%

$8,357-97.2%

$4,296-94.5%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 27 · EIN 59-3331424

Advisory (Plan)

$14,137

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$1,515

SOUTHWEST CARPENTERS TRAINING FUND EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST CARPENTERS TRAINING FUND EMPLOYEES SAVINGS TRUST

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