Retirement plan

UFCW LOCAL 791 401(K) PLAN

Name: UNITED FOOD & COMMERCIAL WORKER'S UNION LOCAL 791 - UFCW LOCAL 791 401(K) PLAN (2016) Form 5500
Creator: UNITED FOOD & COMMERCIAL WORKER'S UNION LOCAL 791
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UFCW LOCAL 791 401(K) PLAN, UNITED FOOD & COMMERCIAL WORKER'S UNION LOCAL 791

UNITED FOOD & COMMERCIAL WORKER'S UNION LOCAL 791EIN 23-7281421Plan #001PY 2016

55 NORFOLK AVENUE - S. EASTON, MA 02375774-568-0791

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.5M

+7.1% from 2015

Total participants

0.0% from 2015

Average account balance

$210,362

+7.1% from 2015

Annual return

3.86%

+2.05 pp from 2015

Benchmarks

See 6,181 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,181 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.07M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+5.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2640

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 codes2E2F2G2J3D

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.
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

0 tripped

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

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

$210,362

$103,949+102.4%

$69,182+204.1%

$273,972-23.2%

Participation rate

77.8%

67.4%+10.4pp

55.1%+22.7pp

83.0%-5.2pp

Annual return

3.86%

35.28%-31.4pp

-21.93%+25.8pp

41.46%-37.6pp

Employer contribution / active EE

$1,783-100.0%

$1,206-100.0%

$4,869-100.0%

Participant deferral / active EE

$4,962

$2,716+82.7%

$1,897+161.6%

$5,287-6.1%

Admin fee / account holder

$3,671-100.0%

$2,697-100.0%

$10,133-100.0%

UFCW LOCAL 791 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

UFCW LOCAL 791 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion