Retirement plan

403 B THRIFT PLAN OF UNITED WAY OF ST JOSEPH COUNTY INC

Name: UNITED WAY OF ST JOSEPH COUNTY IN C - 403 B THRIFT PLAN OF UNITED WAY OF ST JOSEPH COUNTY INC (2017) Form 5500
Creator: UNITED WAY OF ST JOSEPH COUNTY IN C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF UNITED WAY OF ST JOSEPH COUNTY INC, UNITED WAY OF ST JOSEPH COUNTY IN C

UNITED WAY OF ST JOSEPH COUNTY IN CEIN 35-1063368Plan #002PY 2017

PO BOX 6396 - SOUTH BEND, IN 466606396574-232-8201uwsjc.orgLinkedIn11-50 employeesfund-raising

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$147K

-6.0% from 2016

Total participants

-4.0% from 2016

Average account balance

$6,138

-6.0% from 2016

Annual return

13.91%

+1.34 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$368K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

246.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1330

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 codes2F2T2L2G2E

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$77K

$6391 / participant

Other / not subdivided$77K100.0%

% of EOY assets

52.063%

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

$6,138

$99,011-93.8%

$86,582-92.9%

$147,586-95.8%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

13.91%

1312.75%-1298.8pp

965.08%-951.2pp

578.59%-564.7pp

Employer contribution / active EE

$1,494

$3,132-52.3%

$2,839-47.4%

$4,876-69.4%

Participant deferral / active EE

$2,284

$3,972-42.5%

$3,609-36.7%

$5,439-58.0%

Admin fee / account holder

$3,196

$5,709-44.0%

$4,904-34.8%

$10,886-70.6%

403 B THRIFT PLAN OF UNITED WAY OF ST JOSEPH COUNTY INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF UNITED WAY OF ST JOSEPH COUNTY INC

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