Retirement plan

UNITED NATIONS FEDERAL CREDIT UNION 401(K) PLAN AN

Name: UNITED NATIONS FEDERAL CREDIT UNION - UNITED NATIONS FEDERAL CREDIT UNION 401(K) PLAN AN (2018) Form 5500
Creator: UNITED NATIONS FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED NATIONS FEDERAL CREDIT UNION 401(K) PLAN AN, UNITED NATIONS FEDERAL CREDIT UNION

UNITED NATIONS FEDERAL CREDIT UNIONEIN 13-1628594Plan #001PY 2018

2401-44TH ROAD - LONG ISLAND CITY, NY 11101347-418-3766

Other plans on this EIN

1 filing

#022Retirement-$57.7M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed August 15, 2012 (most recent of 4 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$69M

-13.0% from 2016

Total participants

682

-5.2% from 2016

Average account balance

$103,198

-8.3% from 2016

Annual return

-4.08%

-7.05 pp from 2016

Benchmarks

See 1,457 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,457 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$158.74M

Not enough data

1 years with asset history on file

Average account balance

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

$184K

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.

862

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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 10 of 18 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC4+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$35,000
CAPFINANCIAL PARTNERS LLC2 years Service code 27 · EIN 26-0058143	Advisory (Plan)	$22,500
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$17,452
AMERICAN CENTURY2 years Service code 52 · EIN 43-0821857	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
DODGE & COX1 year Service code 52 · EIN 94-6067274	Indirect Investment Fees	$0
GAMCO ASSET MANAGEMENT2 years Filed as: GABELLI Service code 52 · EIN 13-2885006	Indirect Investment Fees	$0
HARRIS2 years Service code 52 · EIN 52-2257782	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 26-3613641	Indirect Investment Fees	$0
MAINSTAY2 years Service code 52 · EIN 52-2206685	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$31 / participant

Contract admin$17K99.1%
Other / not subdivided$1500.9%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

1 / 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: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$103,198

$80,005+29.0%

$140,019-26.3%

$55,727+85.2%

Participation rate

97.7%

87.0%+10.7pp

87.5%+10.2pp

70.9%+26.8pp

Annual return

-4.08%

0.46%-4.5pp

651.19%-655.3pp

244.94%-249.0pp

Employer contribution / active EE

$5,061

$3,403+48.7%

$5,605-9.7%

$2,078+143.5%

Participant deferral / active EE

$6,843

$5,264+30.0%

$6,927-1.2%

$3,356+103.9%

Admin fee / account holder

$26

$116-77.4%

$10,705-99.8%

$115-77.4%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC4+ years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$35,000

CAPFINANCIAL PARTNERS LLC2 years

Service code 27 · EIN 26-0058143

Advisory (Plan)

$22,500

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$17,452

AMERICAN CENTURY2 years

Service code 52 · EIN 43-0821857

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

DODGE & COX1 year

Service code 52 · EIN 94-6067274

Indirect Investment Fees

GAMCO ASSET MANAGEMENT2 years

Filed as: GABELLI

Service code 52 · EIN 13-2885006

Indirect Investment Fees

HARRIS2 years

Service code 52 · EIN 52-2257782

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 26-3613641

Indirect Investment Fees

MAINSTAY2 years

Service code 52 · EIN 52-2206685

Indirect Investment Fees

UNITED NATIONS FEDERAL CREDIT UNION 401(K) PLAN AN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED NATIONS FEDERAL CREDIT UNION 401(K) PLAN AN

Top hat statement on fileNQDC

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