Retirement plan

THRIFT PLAN OF UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY

Name: UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY - THRIFT PLAN OF UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY (2019) Form 5500
Creator: UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THRIFT PLAN OF UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY, UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY

UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEYEIN 23-1556045Plan #002PY 2019

1800 JFK BOULEVARD, SUITE 1200 - PHILADELPHIA, PA 19103215-665-2488unitedforimpact.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.1M

+8.5% from 2018

Total participants

183

-9.0% from 2018

Average account balance

$67,446

+21.2% from 2018

Annual return

20.91%

+26.43 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.39M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

123

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

$499K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+13.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$285

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
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD FIDUCIARY TRUST COMPANY Service code 15 · EIN 23-1945930	Recordkeeping	$32,128

Plan features & details

Pension benefit codes2M2K2G

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

Opportunity flags

1 tripped

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

$32K

$559 / participant

Investment mgmt$32K99.5%
Other / not subdivided$1710.5%

% of EOY assets

0.267%

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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,446

$54,763+23.2%

$90,324-25.3%

$72,976-7.6%

Participation rate

94.8%

65.2%+29.7pp

73.3%+21.5pp

69.5%+25.3pp

Annual return

20.91%

30.63%-9.7pp

78.15%-57.2pp

81.02%-60.1pp

Employer contribution / active EE

$3,866

$2,093+84.7%

$2,856+35.4%

$2,440+58.4%

Participant deferral / active EE

$4,503

$2,887+56.0%

$3,885+15.9%

$3,608+24.8%

Admin fee / account holder

$180

$3,973-95.5%

$5,356-96.6%

$5,124-96.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD FIDUCIARY TRUST COMPANY

Service code 15 · EIN 23-1945930

Recordkeeping

$32,128

THRIFT PLAN OF UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THRIFT PLAN OF UNITED WAY OF GREATER PHILADELPHIA AND SOUTHERN NEW JERSEY

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