Retirement plan

SAFE-HARBOR 403(B) THRIFT PLAN OF UNITED WAY OF THE PLAINS

Name: UNITED WAY OF THE PLAINS - SAFE-HARBOR 403(B) THRIFT PLAN OF UNITED WAY OF THE PLAINS (2024) Form 5500
Creator: UNITED WAY OF THE PLAINS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFE-HARBOR 403(B) THRIFT PLAN OF UNITED WAY OF THE PLAINS, UNITED WAY OF THE PLAINS

UNITED WAY OF THE PLAINSEIN 48-0547688Plan #003PY 2024

245 N WATER ST - WICHITA, KS 672021201316-267-1321unitedwayplains.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12M

+13.1% from 2023

Total participants

+2.6% from 2023

Average account balance

$156,249

+11.6% from 2023

Annual return

17.71%

-1.93 pp from 2023

Benchmarks

See 10,668 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,668 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.03M

Not enough data

1 years with asset history on file

Average account balance

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

$156K

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.

171.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$529K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13268

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 codes2G2J

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

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

$1.0M

$22703 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.492%

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

$156,249

$58,258+168.2%

$81,820+91.0%

$80,925+93.1%

Participation rate

93.3%

63.5%+29.9pp

72.4%+20.9pp

67.7%+25.7pp

Annual return

17.71%

41.76%-24.1pp

777.93%-760.2pp

35.65%-17.9pp

Employer contribution / active EE

$7,235

$2,345+208.5%

$2,915+148.2%

$2,756+162.5%

Participant deferral / active EE

$4,515

$3,284+37.5%

$4,323+4.5%

$4,299+5.0%

Admin fee / account holder

$13,268

$4,976+166.6%

$7,391+79.5%

$6,940+91.2%

SAFE-HARBOR 403(B) THRIFT PLAN OF UNITED WAY OF THE PLAINS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAFE-HARBOR 403(B) THRIFT PLAN OF UNITED WAY OF THE PLAINS

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