Retirement plan

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE OZARKS

Name: UNITED WAY OF THE OZARKS - EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE OZARKS (2020) Form 5500
Creator: UNITED WAY OF THE OZARKS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE OZARKS, UNITED WAY OF THE OZARKS

UNITED WAY OF THE OZARKSEIN 44-0552047Plan #001PY 2020

320 N JEFFERSON AVE - SPRINGFIELD, MO 658061109417-863-7700

Other plans on this EIN

1 filing

#002Retirement-$598K assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.7M

+20.1% from 2019

Total participants

+2.3% from 2019

Average account balance

$30,790

+17.4% from 2019

Annual return

17.28%

-5.70 pp from 2019

Benchmarks

See 8,769 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,769 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.67M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

812.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$36K

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

+17.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6422

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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$154K

$2959 / participant

Other / not subdivided$154K100.0%

% of EOY assets

5.678%

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

$30,790

$60,128-48.8%

$90,440-66.0%

$79,852-61.4%

Participation rate

96.2%

65.0%+31.2pp

72.7%+23.5pp

69.6%+26.5pp

Annual return

17.28%

71.95%-54.7pp

1294.38%-1277.1pp

31.72%-14.4pp

Employer contribution / active EE

$4,191

$2,068+102.6%

$3,263+28.4%

$2,471+69.6%

Participant deferral / active EE

$2,939-100.0%

$3,964-100.0%

$3,740-100.0%

Admin fee / account holder

$1,748

$3,977-56.0%

$5,615-68.9%

$5,306-67.1%

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE OZARKS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE OZARKS

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