Retirement plan

DOW BUCKS COUNTY FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Name: DOW BUCKS COUNTY FEDERAL CREDIT UNION - DOW BUCKS COUNTY FEDERAL CREDIT UNION 401(K) PLAN AND TRUST (2024) Form 5500
Creator: DOW BUCKS COUNTY FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DOW BUCKS COUNTY FEDERAL CREDIT UNION 401(K) PLAN AND TRUST, DOW BUCKS COUNTY FEDERAL CREDIT UNION

DOW BUCKS COUNTY FEDERAL CREDIT UNIONEIN 23-1328578Plan #002PY 2024

310 GEORGE PATTERSON DR - BRISTOL, PA 190073624215-781-4040LinkedIn1-10 employeesbanking

Other plans on this EIN

1 filing

#003Retirement-$164K assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$102K

+35.8% from 2023

Total participants

0.0% from 2023

Average account balance

$51,180

+35.8% from 2023

Annual return

23.05%

+20.67 pp from 2023

Benchmarks

See 37,167 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,167 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$131K

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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 codes2F2G2E2J3D

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

1 tripped

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

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

$51,180

$201,264-74.6%

$184,185-72.2%

$145,978-64.9%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

23.05%

29.00%-6.0pp

28.81%-5.8pp

550.52%-527.5pp

Employer contribution / active EE

$1,941

$7,021-72.4%

$6,426-69.8%

$4,662-58.4%

Participant deferral / active EE

$2,850

$9,806-70.9%

$9,132-68.8%

$6,690-57.4%

Admin fee / account holder

$16,376-100.0%

$13,909-100.0%

$13,400-100.0%

DOW BUCKS COUNTY FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DOW BUCKS COUNTY FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion