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 (2015) 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 2015

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

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.4M

No prior year

Total participants

108

No prior year

Average account balance

$24,932

No prior year

Annual return

-3.56%

No prior year

Benchmarks

See 15,767 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,767 peers

Snapshot2015

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 COMPANY1+ years Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201	Recordkeeping	$1,024

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$12K

$128 / participant

Contract admin$2K17.1%
Other / not subdivided$10K82.9%

% of EOY assets

0.517%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,932

$75,832-67.1%

$147,618-83.1%

$59,633-58.2%

Participation rate

87.6%

71.6%+16.1pp

84.6%+3.0pp

68.7%+19.0pp

Annual return

-3.56%

0.37%-3.9pp

61.98%-65.5pp

2041.40%-2045.0pp

Employer contribution / active EE

$1,307

$3,485-62.5%

$5,565-76.5%

$2,203-40.7%

Participant deferral / active EE

$1,631

$3,131-47.9%

$4,895-66.7%

$3,192-48.9%

Admin fee / account holder

$129

$5,986-97.8%

$11,612-98.9%

$4,297-97.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK LIFE INSURANCE

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 14201

Recordkeeping

$1,024

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