Retirement plan

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL JERSEY, INC.

Name: UNITED WAY OF CENTRAL JERSEY, INC. - EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL JERSEY, INC. (2016) Form 5500
Creator: UNITED WAY OF CENTRAL JERSEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL JERSEY, INC., UNITED WAY OF CENTRAL JERSEY, INC.

UNITED WAY OF CENTRAL JERSEY, INC.EIN 22-1520408Plan #001PY 2016

32 FORD AVE - MILLTOWN, NJ 08850732-247-3727uwcj.orgLinkedIn1-10 employeescivic & social organization

Other plans on this EIN

1 filing

#002Retirement-$951K assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$657K

+12.3% from 2015

Total participants

0.0% from 2015

Average account balance

$41,070

+19.3% from 2015

Annual return

5.02%

+6.42 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

$830K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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 codes2C3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$6K

$498 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.985%

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

$41,070

$90,486-54.6%

$78,676-47.8%

$273,972-85.0%

Participation rate

92.3%

76.5%+15.8pp

73.6%+18.7pp

83.0%+9.3pp

Annual return

5.02%

75.62%-70.6pp

62.19%-57.2pp

41.46%-36.4pp

Employer contribution / active EE

$3,775

$3,175+18.9%

$2,850+32.4%

$4,869-22.5%

Participant deferral / active EE

$3,901-100.0%

$3,517-100.0%

$5,287-100.0%

Admin fee / account holder

$404

$5,263-92.3%

$4,510-91.0%

$10,133-96.0%

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL JERSEY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL JERSEY, 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