Retirement plan

UNION VOLUNTEER EMERGENCY SQUAD, INC. EMPLOYEE SAVINGS PLAN

Name: UNION VOLUNTEER EMERGENCY SQUAD, INC. - UNION VOLUNTEER EMERGENCY SQUAD, INC. EMPLOYEE SAVINGS PLAN (2018) Form 5500
Creator: UNION VOLUNTEER EMERGENCY SQUAD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNION VOLUNTEER EMERGENCY SQUAD, INC. EMPLOYEE SAVINGS PLAN, UNION VOLUNTEER EMERGENCY SQUAD, INC.

UNION VOLUNTEER EMERGENCY SQUAD, INC.EIN 16-1004252Plan #001PY 2018

8 S AVENUE B - ENDWELL, NY 13760607-754-3414unionems.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$712K

+9.0% from 2017

Total participants

-6.5% from 2017

Average account balance

$22,958

-5.1% from 2017

Annual return

-6.61%

-21.01 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.26M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

84.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$263K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1988

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 codes2F2G2M2T3D

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$103 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.738%

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

$22,958

$75,962-69.8%

$154,108-85.1%

$64,173-64.2%

Participation rate

47.1%

70.4%-23.4pp

83.0%-36.0pp

69.6%-22.5pp

Annual return

-6.61%

30.32%-36.9pp

735.21%-741.8pp

7.63%-14.2pp

Employer contribution / active EE

$822

$3,350-75.5%

$5,298-84.5%

$2,381-65.5%

Participant deferral / active EE

$1,179

$3,175-62.9%

$5,081-76.8%

$3,470-66.0%

Admin fee / account holder

$169

$5,589-97.0%

$13,411-98.7%

$4,887-96.5%

UNION VOLUNTEER EMERGENCY SQUAD, INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNION VOLUNTEER EMERGENCY SQUAD, INC. EMPLOYEE SAVINGS 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