Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES

Name: THE UNITED WAY OF LACKAWANNA A - 403(B) THRIFT PLAN FOR EMPLOYEES OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES (2024) Form 5500
Creator: THE UNITED WAY OF LACKAWANNA A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES, THE UNITED WAY OF LACKAWANNA A

THE UNITED WAY OF LACKAWANNA AEIN 24-0824164Plan #002PY 2024

PO BOX 526 - SCRANTON, PA 185010526570-343-1267uwlc.netLinkedIn11-50 employeescivic & social organization

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.9M

+15.4% from 2023

Total participants

+15.8% from 2023

Average account balance

$186,208

+4.4% from 2023

Annual return

11.71%

-0.37 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.91M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

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

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$104

$6 / participant

Other / not subdivided$104100.0%

% of EOY assets

0.003%

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

$186,208

$88,815+109.7%

$81,882+127.4%

$145,897+27.6%

Participation rate

94.4%

75.1%+19.4pp

72.4%+22.1pp

80.3%+14.1pp

Annual return

11.71%

1033.75%-1022.0pp

779.47%-767.8pp

552.29%-540.6pp

Employer contribution / active EE

$3,695

$3,086+19.7%

$2,916+26.7%

$4,663-20.8%

Participant deferral / active EE

$3,277

$4,647-29.5%

$4,323-24.2%

$6,689-51.0%

Admin fee / account holder

$8,434-99.9%

$7,360-99.9%

$13,390-100.0%

403(B) THRIFT PLAN FOR EMPLOYEES OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES

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