Retirement plan

UNITED POSTMASTERS AND MANAGERS OF AMERICA 401(K) PROFIT SHARING PLAN

Name: UNITED POSTMASTERS AND MANAGERS OF AMERICA - UNITED POSTMASTERS AND MANAGERS OF AMERICA 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: UNITED POSTMASTERS AND MANAGERS OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED POSTMASTERS AND MANAGERS OF AMERICA 401(K) PROFIT SHARING PLAN, UNITED POSTMASTERS AND MANAGERS OF AMERICA

UNITED POSTMASTERS AND MANAGERS OF AMERICAEIN 25-0985742Plan #003PY 2016

8 HERBERT STREET - ALEXANDRIA, VA 22305703-683-9027unitedpma.orgLinkedIn1-10 employeesgovernment administration

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$541K

No prior year

Total participants

No prior year

Average account balance

$135,355

No prior year

Annual return

20.80%

No prior year

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.17%

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 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

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

$502K

$167291 / participant

Other / not subdivided$502K100.0%

% of EOY assets

92.696%

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

$135,355

$90,486+49.6%

$78,676+72.0%

$273,972-50.6%

Participation rate

100.0%

76.5%+23.5pp

73.6%+26.4pp

83.0%+17.0pp

Annual return

20.80%

75.62%-54.8pp

62.19%-41.4pp

41.46%-20.7pp

Employer contribution / active EE

$6,503

$3,175+104.8%

$2,850+128.2%

$4,869+33.6%

Participant deferral / active EE

$7,797

$3,901+99.9%

$3,517+121.7%

$5,287+47.5%

Admin fee / account holder

$125,469

$5,263+2283.9%

$4,510+2682.0%

$10,133+1138.3%

UNITED POSTMASTERS AND MANAGERS OF AMERICA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED POSTMASTERS AND MANAGERS OF AMERICA 401(K) PROFIT SHARING 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