Retirement plan

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHWESTERN INDIANA

Name: UNITED WAY OF SOUTHWESTERN INDIANA - 403(B) THRIFT PLAN OF UNITED WAY OF SOUTHWESTERN INDIANA (2015) Form 5500
Creator: UNITED WAY OF SOUTHWESTERN INDIANA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF UNITED WAY OF SOUTHWESTERN INDIANA, UNITED WAY OF SOUTHWESTERN INDIANA

UNITED WAY OF SOUTHWESTERN INDIANAEIN 35-0868069Plan #002PY 2015

PO BOX 18 - EVANSVILLE, IN 47701812-422-4100unitedwayswi.orgLinkedIn11-50 employeesnon-profit organization management

Other plans on this EIN

1 filing

#004Retirement-$448K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$329K

No prior year

Total participants

No prior year

Average account balance

$23,472

No prior year

Annual return

3.70%

No prior year

Benchmarks

See 26,344 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,344 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$334K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+6.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29773

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 codes2L2T2F2G

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

$388K

$38832 / participant

Other / not subdivided$388K100.0%

% of EOY assets

118.170%

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

$23,472

$84,694-72.3%

$73,843-68.2%

$125,392-81.3%

Participation rate

70.0%

76.8%-6.8pp

73.4%-3.4pp

83.2%-13.2pp

Annual return

3.70%

3123.66%-3120.0pp

2267.91%-2264.2pp

282.23%-278.5pp

Employer contribution / active EE

$895

$3,123-71.4%

$2,787-67.9%

$4,866-81.6%

Participant deferral / active EE

$2,356

$3,992-41.0%

$3,583-34.2%

$5,351-56.0%

Admin fee / account holder

$27,737

$5,691+387.3%

$4,880+468.3%

$9,541+190.7%

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHWESTERN INDIANA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHWESTERN INDIANA

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