Retirement plan

EMPLOYEE BENEFIT PLAN OF CINCINNATI UNION BETHEL

Name: CINCINNATI UNION BETHEL - EMPLOYEE BENEFIT PLAN OF CINCINNATI UNION BETHEL (2021) Form 5500
Creator: CINCINNATI UNION BETHEL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CINCINNATI UNION BETHEL, CINCINNATI UNION BETHEL

CINCINNATI UNION BETHELEIN 31-0536655Plan #004PY 2021

2401 READING RD - CINCINNATI, OH 45202513-768-6900

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$818K

+12.7% from 2020

Total participants

-21.2% from 2020

Average account balance

$20,460

+15.6% from 2020

Annual return

8.76%

+3.02 pp from 2020

Benchmarks

See 37,602 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,602 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$626K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+7.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2614

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 codes2F2G3D

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).
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$19K

$993 / participant

Other / not subdivided$19K100.0%

% of EOY assets

2.305%

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

$20,460

$109,905-81.4%

$98,506-79.2%

$167,553-87.8%

Participation rate

94.7%

75.8%+18.9pp

73.3%+21.4pp

82.1%+12.6pp

Annual return

8.76%

1960.20%-1951.4pp

1494.92%-1486.2pp

478.89%-470.1pp

Employer contribution / active EE

$329

$3,226-89.8%

$2,961-88.9%

$4,840-93.2%

Participant deferral / active EE

$2,162

$4,674-53.7%

$4,277-49.5%

$6,343-65.9%

Admin fee / account holder

$472

$6,760-93.0%

$5,955-92.1%

$12,316-96.2%

EMPLOYEE BENEFIT PLAN OF CINCINNATI UNION BETHEL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CINCINNATI UNION BETHEL

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