Retirement plan

THE UTILITY REFORM NETWORK 401(K) PLAN

Name: THE UTILITY REFORM NETWORK - THE UTILITY REFORM NETWORK 401(K) PLAN (2024) Form 5500
Creator: THE UTILITY REFORM NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE UTILITY REFORM NETWORK 401(K) PLAN, THE UTILITY REFORM NETWORK

THE UTILITY REFORM NETWORKEIN 23-7351081Plan #001PY 2024

360 GRAND AVENUE, #150 - OAKLAND, CA 94610415-929-8876LinkedIn1-10 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.9M

+17.6% from 2023

Total participants

-7.9% from 2023

Average account balance

$233,517

+17.6% from 2023

Annual return

13.03%

-3.53 pp from 2023

Benchmarks

See 3,225 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,225 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.68M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

124.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$746K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28183

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 codes2E2F2G2J2T3D

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.
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

$360K

$13837 / participant

Other / not subdivided$360K100.0%

% of EOY assets

4.531%

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

$233,517

$77,492+201.3%

$100,398+132.6%

$80,911+188.6%

Participation rate

96.2%

76.9%+19.2pp

81.5%+14.7pp

67.6%+28.5pp

Annual return

13.03%

37.23%-24.2pp

49.32%-36.3pp

35.63%-22.6pp

Employer contribution / active EE

$10,590

$2,800+278.2%

$3,946+168.4%

$2,756+284.3%

Participant deferral / active EE

$14,443

$6,817+111.9%

$8,084+78.7%

$4,297+236.1%

Admin fee / account holder

$10,582

$5,892+79.6%

$7,893+34.1%

$6,935+52.6%

THE UTILITY REFORM NETWORK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE UTILITY REFORM NETWORK 401(K) 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