Retirement plan

UNITED WAY OF CHESTER COUNTY, INC.

Name: UNITED WAY OF CHESTER COUNTY, - UNITED WAY OF CHESTER COUNTY, INC. (2022) Form 5500
Creator: UNITED WAY OF CHESTER COUNTY,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED WAY OF CHESTER COUNTY, INC., UNITED WAY OF CHESTER COUNTY,

UNITED WAY OF CHESTER COUNTY,EIN 23-2131877Plan #002PY 2022

150 JOHN ROBERT THOMAS DRIVE - EXTON, PA 193412553610-429-9400

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-16.7% from 2021

Total participants

+12.5% from 2021

Average account balance

$148,602

-21.6% from 2021

Annual return

8.49%

-5.82 pp from 2021

Benchmarks

See 39,277 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,277 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.16M

Not enough data

1 years with asset history on file

Average account balance

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

$226K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

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

+9.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1768

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 codes2G3D2J

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.
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

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

$25K

$2731 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.973%

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

$148,602

$92,766+60.2%

$82,763+79.6%

$134,545+10.4%

Participation rate

88.9%

75.2%+13.7pp

72.6%+16.3pp

81.2%+7.7pp

Annual return

8.49%

946.97%-938.5pp

702.45%-694.0pp

418.37%-409.9pp

Employer contribution / active EE

$4,957

$3,273+51.4%

$3,008+64.8%

$4,742+4.5%

Participant deferral / active EE

$4,418

$4,802-8.0%

$4,395+0.5%

$6,401-31.0%

Admin fee / account holder

$1,446

$5,978-75.8%

$5,325-72.8%

$11,431-87.4%

UNITED WAY OF CHESTER COUNTY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED WAY OF CHESTER COUNTY, INC.

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