Retirement plan

403 B THRIFT PLAN OF UNITED WAY OF YORK COUNTY

Name: UNITED WAY OF YORK COUNTY - 403 B THRIFT PLAN OF UNITED WAY OF YORK COUNTY (2017) Form 5500
Creator: UNITED WAY OF YORK COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF UNITED WAY OF YORK COUNTY, UNITED WAY OF YORK COUNTY

UNITED WAY OF YORK COUNTYEIN 23-1352588Plan #003PY 2017

800 E KING ST - YORK, PA 174031781717-843-0957unitedway-york.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.4M

-10.5% from 2016

Total participants

+7.4% from 2016

Average account balance

$51,142

-20.1% from 2016

Annual return

10.35%

+2.14 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

235.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+29.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6519

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 codes2F2T2L2G

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

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

$418K

$27849 / participant

Other / not subdivided$418K100.0%

% of EOY assets

29.171%

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

$51,142

$198,457-74.2%

$170,435-70.0%

$147,586-65.3%

Participation rate

93.3%

88.0%+5.4pp

83.6%+9.7pp

82.8%+10.5pp

Annual return

10.35%

257.30%-247.0pp

205.94%-195.6pp

578.59%-568.2pp

Employer contribution / active EE

$3,984

$6,183-35.6%

$5,432-26.7%

$4,876-18.3%

Participant deferral / active EE

$1,552

$5,629-72.4%

$4,939-68.6%

$5,439-71.5%

Admin fee / account holder

$14,919

$16,852-11.5%

$13,881+7.5%

$10,886+37.0%

403 B THRIFT PLAN OF UNITED WAY OF YORK COUNTY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF UNITED WAY OF YORK COUNTY

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