Retirement plan

URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN PLAN

Name: URBAN LEAGUE OF HUDSON COUNTY - URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN PLAN (2024) Form 5500
Creator: URBAN LEAGUE OF HUDSON COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN PLAN, URBAN LEAGUE OF HUDSON COUNTY

URBAN LEAGUE OF HUDSON COUNTYEIN 22-1917127Plan #001PY 2024

253 MARTIN LUTHER KING DR - JERSEY CITY, NJ 07305201-451-8888ulohc.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.6M

+10.7% from 2023

Total participants

-2.0% from 2023

Average account balance

$36,952

+12.9% from 2023

Annual return

12.89%

+1.53 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.62M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$306K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$158

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346	Recordkeeping	$1,732

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$15K

$176 / participant

Investment mgmt$12K78.9%
Contract admin$3K21.1%

% of EOY assets

0.427%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GELTRUDE & COMPANY LLC
Auditor EIN: 223363665
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,952

$81,331-54.6%

$155,534-76.2%

$80,935-54.3%

Participation rate

100.0%

66.3%+33.7pp

78.2%+21.8pp

67.7%+32.3pp

Annual return

12.89%

33.37%-20.5pp

64.92%-52.0pp

35.66%-22.8pp

Employer contribution / active EE

$1,440

$3,105-53.6%

$4,675-69.2%

$2,757-47.8%

Participant deferral / active EE

$2,039

$3,454-41.0%

$5,630-63.8%

$4,299-52.6%

Admin fee / account holder

$158

$7,999-98.0%

$15,900-99.0%

$6,924-97.7%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY10+ years

Filed as: JOHN HANCOCK LIFE INSURANCE

Service code 15 · EIN 01-0233346

Recordkeeping

$1,732

URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

URBAN LEAGUE OF HUDSON COUNTY 401(K) PROFIT SHARIN 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