Retirement plan

UNIVERSAL BUILDERS SUPPLY, INC. INCENTIVE SAVINGS TRUST

Name: UNIVERSAL BUILDERS SUPPLY, INC. - UNIVERSAL BUILDERS SUPPLY, INC. INCENTIVE SAVINGS TRUST (2020) Form 5500
Creator: UNIVERSAL BUILDERS SUPPLY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL BUILDERS SUPPLY, INC. INCENTIVE SAVINGS TRUST, UNIVERSAL BUILDERS SUPPLY, INC.

UNIVERSAL BUILDERS SUPPLY, INC.EIN 22-1754629Plan #003PY 2020

27 HORTON AVENUE, 2ND FLOOR - NEW ROCHELLE, NY 10801914-699-2400ubs1.comLinkedIn51-200 employeesconstruction

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$3.7M

-28.4% from 2019

Total participants

+20.0% from 2019

Average account balance

$135,693

-33.7% from 2019

Annual return

8.29%

+8.56 pp from 2019

Benchmarks

See 42,032 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,032 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.90M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

132.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3909

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 codes2E2F2J2T3D

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).
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$411 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.213%

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

$135,693

$115,814+17.2%

$101,275+34.0%

$158,982-14.6%

Participation rate

84.2%

79.4%+4.8pp

75.8%+8.4pp

82.0%+2.2pp

Annual return

8.29%

56.16%-47.9pp

46.48%-38.2pp

302.99%-294.7pp

Employer contribution / active EE

$4,176-100.0%

$3,660-100.0%

$4,763-100.0%

Participant deferral / active EE

$1,585

$4,958-68.0%

$4,371-63.7%

$5,983-73.5%

Admin fee / account holder

$290

$7,249-96.0%

$5,948-95.1%

$11,252-97.4%

UNIVERSAL BUILDERS SUPPLY, INC. INCENTIVE SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL BUILDERS SUPPLY, INC. INCENTIVE SAVINGS TRUST

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