Retirement plan

URBAN AFFAIRS COALITION 403(B) RETIREMENT PLAN

Name: URBAN AFFAIRS COALITION - URBAN AFFAIRS COALITION 403(B) RETIREMENT PLAN (2016) Form 5500
Creator: URBAN AFFAIRS COALITION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, URBAN AFFAIRS COALITION 403(B) RETIREMENT PLAN, URBAN AFFAIRS COALITION

URBAN AFFAIRS COALITIONEIN 23-7046393Plan #001PY 2016

1207 CHESTNUT ST 7TH FL - PHILADELPHIA, PA 19107215-851-1724uac.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$3.1M

+11.1% from 2015

Total participants

481

+21.5% from 2015

Average account balance

$14,349

+6.5% from 2015

Annual return

8.23%

+7.92 pp from 2015

Benchmarks

See 783 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort783 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.00M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

447

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.

74.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$878K

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

+9.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$177

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
BPAS2+ years Service code 13 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 13502	Contract Administrator	$19,556
INNOVATIVE INVESTMENT FIDUCIARIES2+ years Service code 26 · EIN 45-3764090	Advisory (Participants)	$11,321

Plan features & details

Pension benefit codes2F2G2M2K

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$78 / participant

Investment mgmt$19K62.7%
Contract admin$11K34.8%
Other / not subdivided$7752.5%

% of EOY assets

0.992%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,349

$39,859-64.0%

$78,676-81.8%

$57,658-75.1%

Participation rate

33.7%

66.1%-32.4pp

73.6%-39.9pp

70.2%-36.6pp

Annual return

8.23%

18.96%-10.7pp

62.19%-54.0pp

5.13%+3.1pp

Employer contribution / active EE

$139

$1,786-92.2%

$2,850-95.1%

$1,974-92.9%

Participant deferral / active EE

$646

$2,248-71.2%

$3,517-81.6%

$3,061-78.9%

Admin fee / account holder

$142

$76+86.8%

$4,510-96.8%

$95+50.5%

Provider

Service type

Compensation

BPAS2+ years

Service code 13 · EIN 16-1503696

6 RHOADS DRIVE · UTICA, NY 13502

Contract Administrator

$19,556

INNOVATIVE INVESTMENT FIDUCIARIES2+ years

Service code 26 · EIN 45-3764090

Advisory (Participants)

$11,321

URBAN AFFAIRS COALITION 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

URBAN AFFAIRS COALITION 403(B) RETIREMENT 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