Board of Trustees of Heat and Frost Local 34 Pension Plan

Form 5500 Data

Board of Trustees of Heat and Frost Local 34 Pension Plan

87
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
87
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (78)
Highest in Peer Group (92)

Plan Description

Heat and Frost Insulators Local 34 Pension Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Company Generosity. Heat and Frost Insulators Local 34 Pension Plan currently has over 500 active participants and over $144.5M in plan assets.

Did you know?

For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (87) and the top rated plan (92) could equate to:
6
Additional years of work
*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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 5775 Wayzata Blvd., Suite 690
  • Location
    St. Louis Park , MN
  • 55416
  • Industry
    Construction
  • Administrator
    Albert Byers
  • Sponsor
    Donald Gaughan
  • Net Plan Assets
    $145,000,000
  • Total Participants
    600
  • Avg Account Balance
    $240,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Poor
Account Balance:
Great
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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 Blue Chip Growth 20%
53%
LSV Value Equity 17%
83%
New York Life Anchor Account 15%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
New York Life
Recordkeeper
John Hancock
Investment Adviser
DiMeo Schneider & Associates, LLC
Administration
Flex Compensation, Inc.
Insurance Advisor/Broker
McGrann, Shea, Anderson & Lamb
Auditor
CliftonLarsonAllen LLP

Articles and Questions

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