Local 81 International Association of Heat & Frost Insulators & Allied Workers

Form 5500 Data

Overview

Plan Rating

BrightScope Rating
68
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (68)
Highest in Peer Group (87)

Plan Description

International Association of Heat & Frost Insulators & Allied Workers Local #81 AFL-CIO, Cedar Rapids, Iowa Retirement Savings Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity and Participation Rate. International Association of Heat & Frost Insulators & Allied Workers Local #81 AFL-CIO, Cedar Rapids, Iowa Retirement Savings Plan currently has over 100 active participants and over $8.1M in plan assets.

Did you know?

For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (68) and the top rated plan (87) could equate to:
10
Additional years of work
136,228
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1700 52nd Ave Ste B
  • Location
    Moline , IL
  • 61265
  • Industry
    Plumbing, Heating, and Air-Conditioning Contractors
  • Administrator
    Bill Grimm
  • Net Plan Assets
    $8,080,000
  • Total Participants
    160
  • Avg Account Balance
    $52,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Above Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

13

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Mid-Cap Growth 19%
82%
Vanguard Wellington 17%
4%
DFA US Small Cap Value 13%
64%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Romolo & Associates
Consultant
Romolo & Associates
Legal Counsel
Lane & Waterman
Corporate Trustee
Matrix Financial Solutions
Investment Adviser
Investment Consulting Group, Inc.
Auditor
Romolo & Associates

Articles and Questions

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