Retirement plan

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

Name: THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES - 403(B) THRIFT PLAN OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES (2018) Form 5500
Creator: THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES, THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIES

THE UNITED WAY OF LACKAWANNA AND WAYNE COUNTIESEIN 24-0824164Plan #002PY 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+1.8% from 2017

Total participants

0.0% from 2017

Average account balance

$117,705

+1.8% from 2017

Annual return

-2.23%

-12.89 pp from 2017

Benchmarks

See 33,735 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,735 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.49M

Not enough data

1 years with asset history on file

Average account balance

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

$184K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45099

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2T

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).
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

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

$36K

$2773 / participant

Other / not subdivided$36K100.0%

% of EOY assets

2.187%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,705

$90,600+29.9%

$79,464+48.1%

$135,375-13.1%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

-2.23%

977.43%-979.7pp

718.14%-720.4pp

519.73%-522.0pp

Employer contribution / active EE

$3,794

$3,068+23.7%

$2,800+35.5%

$4,779-20.6%

Participant deferral / active EE

$4,011

$4,050-1.0%

$3,704+8.3%

$5,609-28.5%

Admin fee / account holder

$2,575

$5,907-56.4%

$5,113-49.6%

$10,827-76.2%

403(B) THRIFT PLAN 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 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