Retirement plan

403(B) THRIFT PLAN OF THE UNITED WAY OF GREATER WATERBURY, INC.

Name: THE UNITED WAY OF GREATER WATERBURY , INC. - 403(B) THRIFT PLAN OF THE UNITED WAY OF GREATER WATERBURY, INC. (2016) Form 5500
Creator: THE UNITED WAY OF GREATER WATERBURY , INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF THE UNITED WAY OF GREATER WATERBURY, INC., THE UNITED WAY OF GREATER WATERBURY , INC.

THE UNITED WAY OF GREATER WATERBURY , INC.EIN 06-0646634Plan #003PY 2016

100 N ELM ST FL 2 - WATERBURY, CT 06702203-757-9855unitedwaygw.orgLinkedIn11-50 employeesphilanthropy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+30.9% from 2015

Total participants

+6.3% from 2015

Average account balance

$79,802

+49.6% from 2015

Annual return

37.18%

+38.06 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

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.

192.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+2.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1932

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2L2T

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$158K

$9884 / participant

Other / not subdivided$158K100.0%

% of EOY assets

14.156%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,802

$90,484-11.8%

$78,675+1.4%

$273,970-70.9%

Participation rate

81.3%

76.5%+4.7pp

73.6%+7.7pp

83.0%-1.8pp

Annual return

37.18%

75.62%-38.4pp

62.19%-25.0pp

41.46%-4.3pp

Employer contribution / active EE

$2,572

$3,175-19.0%

$2,850-9.7%

$4,869-47.2%

Participant deferral / active EE

$3,940

$3,901+1.0%

$3,517+12.0%

$5,287-25.5%

Admin fee / account holder

$11,296

$5,263+114.6%

$4,510+150.5%

$10,132+11.5%

403(B) THRIFT PLAN OF THE UNITED WAY OF GREATER WATERBURY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF THE UNITED WAY OF GREATER WATERBURY, INC.

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