Retirement plan

UNITED WAY OF WASHINGTON COUNTY,MARYLAND,INC. TSA PENSION PLAN

Name: UNITED WAY OF WASHINGTON COUNTY, MARYLAND, INC. - UNITED WAY OF WASHINGTON COUNTY,MARYLAND,INC. TSA PENSION PLAN (2020) Form 5500
Creator: UNITED WAY OF WASHINGTON COUNTY, MARYLAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED WAY OF WASHINGTON COUNTY,MARYLAND,INC. TSA PENSION PLAN, UNITED WAY OF WASHINGTON COUNTY, MARYLAND, INC.

UNITED WAY OF WASHINGTON COUNTY, MARYLAND, INC.EIN 52-0691704Plan #003PY 2020

83 W WASHINGTON ST STE 101 - HAGERSTOWN, MD 217404833310-739-8200unitedwaywashcounty.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$205K

+6.6% from 2019

Total participants

-22.2% from 2019

Average account balance

$29,285

+37.0% from 2019

Annual return

6.18%

-16.80 pp from 2019

Benchmarks

See 36,257 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,257 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$142K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27255

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2F2G2T3D

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.
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.
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

$9K

$2197 / participant

Other / not subdivided$9K100.0%

% of EOY assets

4.287%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,285

$100,852-71.0%

$90,404-67.6%

$158,922-81.6%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

6.18%

1724.20%-1718.0pp

1293.02%-1286.8pp

302.83%-296.6pp

Employer contribution / active EE

$1,041

$3,689-71.8%

$3,262-68.1%

$4,761-78.1%

Participant deferral / active EE

$1,322

$4,348-69.6%

$3,963-66.7%

$5,982-77.9%

Admin fee / account holder

$1,256

$6,501-80.7%

$5,611-77.6%

$11,246-88.8%

UNITED WAY OF WASHINGTON COUNTY,MARYLAND,INC. TSA PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED WAY OF WASHINGTON COUNTY,MARYLAND,INC. TSA PENSION PLAN

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