Retirement plan

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS PLAN

Name: UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS - UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS PLAN (2016) Form 5500
Creator: UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS PLAN, UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERSEIN 23-2997353Plan #001PY 2016

3031 B WALTON RD - PLYMOUTH MEETING, PA 194622388610-941-9400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$42.9M

+8.9% from 2015

Total participants

2,524

+8.0% from 2015

Average account balance

$17,009

+0.8% from 2015

Annual return

8.19%

+8.64 pp from 2015

Benchmarks

See 334 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort334 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$99.45M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

10,026

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

$8.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35

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 5 by compensation

Provider	Service type	Compensation
HEALTHCARE STRATEGIES, INC1 year Service code 14 · EIN 23-2848954	Plan Administrator	$29,977
WILLIG, WILLIAMS & DAVIDSON2+ years Service code 29 · EIN 23-2416488	Legal	$22,005
RBC WEALTH MANAGEMENT2+ years Filed as: RBC WEALTH MGT, NWC 313-24576 Service code 16 · EIN 41-1416330	Consulting	$18,000
ALAN ROSS & COMPANY, PC1 year Filed as: ALAN ROSS AND COMPANY, PC Service code 10 · EIN 20-5367494	Accounting	$6,750
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$3,475

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$87K

$50 / participant

Investment mgmt$21K24.6%
Contract admin$17K19.3%
Other / not subdivided$49K56.1%

% of EOY assets

0.203%

all-in expense ratio

Categories reported

2 / 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: ALAN ROSS & COMPANY, PC
Auditor EIN: 205367494
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,009

$33,232-48.8%

$71,796-76.3%

$63,975-73.4%

Participation rate

100.0%

60.1%+39.9pp

69.1%+30.9pp

71.1%+28.9pp

Annual return

8.19%

11.99%-3.8pp

78.04%-69.9pp

48.65%-40.5pp

Employer contribution / active EE

$329

$723-54.5%

$1,924-82.9%

$2,182-84.9%

Participant deferral / active EE

$963

$1,604-40.0%

$2,794-65.5%

$3,356-71.3%

Admin fee / account holder

$35

$63-45.5%

$4,815-99.3%

$70-50.9%

Provider

Service type

Compensation

HEALTHCARE STRATEGIES, INC1 year

Service code 14 · EIN 23-2848954

Plan Administrator

$29,977

WILLIG, WILLIAMS & DAVIDSON2+ years

Service code 29 · EIN 23-2416488

Legal

$22,005

RBC WEALTH MANAGEMENT2+ years

Filed as: RBC WEALTH MGT, NWC 313-24576

Service code 16 · EIN 41-1416330

Consulting

$18,000

ALAN ROSS & COMPANY, PC1 year

Filed as: ALAN ROSS AND COMPANY, PC

Service code 10 · EIN 20-5367494

Accounting

$6,750

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$3,475

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS 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