Retirement plan

I.A.T.S.E. LOCAL 33 SECTION 401(K) PLAN

Name: BOARD OF TRUSTEES, I.A.T.S.E. LOCAL 33 SECTION 401(K) - I.A.T.S.E. LOCAL 33 SECTION 401(K) PLAN (2016) Form 5500
Creator: BOARD OF TRUSTEES, I.A.T.S.E. LOCAL 33 SECTION 401(K)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.A.T.S.E. LOCAL 33 SECTION 401(K) PLAN, BOARD OF TRUSTEES, I.A.T.S.E. LOCAL 33 SECTION 401(K)

BOARD OF TRUSTEES, I.A.T.S.E. LOCAL 33 SECTION 401(K)dba PLANEIN 95-3954078Plan #002PY 2016

1325 N GRAND AVE STE 200 - COVINA, CA 91724626-732-2151LinkedIn1001-5000 employeesrecreational facilities and services

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$226.3M

-4.9% from 2016

Total participants

4,966

-6.7% from 2016

Average account balance

$50,304

-0.5% from 2016

Annual return

5.35%

-5.76 pp from 2016

Benchmarks

See 124 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort124 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$380.96M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

5,838

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.

66.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.00M

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

+13.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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 6 by compensation

Provider	Service type	Compensation
ZENITH AMERICAN SOLUTIONS2+ years Service code 13 · EIN 95-2504490	Contract Administrator	$147,987
GILBERT & SACKMAN2+ years Service code 29 · EIN 95-2906951	Legal	$81,976
MAHDION RX1 year Filed as: MAHDION, RX. Service code 49 9330 SCRANTON RD · SAN DIEGO, CA 92121	Other Services	$50,000
ALAN BILLER & ASSOCIATES1 year Filed as: ALAN D BILLER ASSOCIATES INC. Service code 27 · EIN 94-2854958	Advisory (Plan)	$36,000
MILLER KAPLAN ARASE LLP2+ years Service code 10 · EIN 95-2036255	Accounting	$30,200
BERRY & CO., CPA'S LTD1 year Filed as: BERRY & CO., CPAS Service code 10 · EIN 88-0400174	Accounting	$17,456

Plan features & details

Pension benefit codes2G2J

Plan features

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 returns
Annual investment return 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

$397K

$83 / participant

Investment mgmt$36K9.1%
Contract admin$148K37.3%
Other / not subdivided$213K53.6%

% of EOY assets

0.175%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,304

$43,453+15.8%

$109,313-54.0%

$63,975-21.4%

Participation rate

90.2%

59.3%+30.9pp

71.3%+18.9pp

71.1%+19.0pp

Annual return

5.35%

9.85%-4.5pp

22.07%-16.7pp

48.65%-43.3pp

Employer contribution / active EE

$756

$1,799-58.0%

$3,892-80.6%

$2,182-65.3%

Participant deferral / active EE

$1,303

$2,093-37.8%

$3,166-58.9%

$3,356-61.2%

Admin fee / account holder

$88

$79+11.7%

$5,666-98.4%

$70+25.2%

Provider

Service type

Compensation

ZENITH AMERICAN SOLUTIONS2+ years

Service code 13 · EIN 95-2504490

Contract Administrator

$147,987

GILBERT & SACKMAN2+ years

Service code 29 · EIN 95-2906951

Legal

$81,976

MAHDION RX1 year

Filed as: MAHDION, RX.

Service code 49

9330 SCRANTON RD · SAN DIEGO, CA 92121

Other Services

$50,000

ALAN BILLER & ASSOCIATES1 year

Filed as: ALAN D BILLER ASSOCIATES INC.

Service code 27 · EIN 94-2854958

Advisory (Plan)

$36,000

MILLER KAPLAN ARASE LLP2+ years

Service code 10 · EIN 95-2036255

Accounting

$30,200

BERRY & CO., CPA'S LTD1 year

Filed as: BERRY & CO., CPAS

Service code 10 · EIN 88-0400174

Accounting

$17,456

I.A.T.S.E. LOCAL 33 SECTION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.A.T.S.E. LOCAL 33 SECTION 401(K) 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