Retirement plan

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL MINNESOTA

Name: UNITED WAY OF CENTRAL MINNESOTA - EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL MINNESOTA (2018) Form 5500
Creator: UNITED WAY OF CENTRAL MINNESOTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL MINNESOTA, UNITED WAY OF CENTRAL MINNESOTA

UNITED WAY OF CENTRAL MINNESOTAEIN 41-0915124Plan #002PY 2018

921 1ST ST N STE 200 - SAINT CLOUD, MN 563034602320-252-0227unitedwayhelps.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$265K

-57.2% from 2017

Total participants

0.0% from 2017

Average account balance

$13,931

-55.0% from 2017

Annual return

-4.25%

-18.85 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$893K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

117.9%

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

$4K

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

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$603

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 codes2F3D

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).
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

$369K

$40964 / participant

Other / not subdivided$369K100.0%

% of EOY assets

139.288%

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

$13,931

$90,607-84.6%

$79,467-82.5%

$135,380-89.7%

Participation rate

88.9%

76.0%+12.8pp

73.3%+15.5pp

82.6%+6.2pp

Annual return

-4.25%

977.74%-982.0pp

718.30%-722.5pp

519.81%-524.1pp

Employer contribution / active EE

$1,560

$3,068-49.1%

$2,800-44.3%

$4,779-67.3%

Participant deferral / active EE

$2,983

$4,050-26.4%

$3,704-19.5%

$5,609-46.8%

Admin fee / account holder

$19,404

$5,895+229.2%

$5,104+280.2%

$10,828+79.2%

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL MINNESOTA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF CENTRAL MINNESOTA

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