Retirement plan

THE ULMAN CANCER FUND FOR YOUNG ADULTS 403(B) PLAN

Name: THE ULMAN CANCER FUND FOR YOUNG ADULTS - THE ULMAN CANCER FUND FOR YOUNG ADULTS 403(B) PLAN (2020) Form 5500
Creator: THE ULMAN CANCER FUND FOR YOUNG ADULTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ULMAN CANCER FUND FOR YOUNG ADULTS 403(B) PLAN, THE ULMAN CANCER FUND FOR YOUNG ADULTS

THE ULMAN CANCER FUND FOR YOUNG ADULTSEIN 52-2057636Plan #001PY 2020

2118 E. MADISON ST. - BALTIMORE, MD 21205410-964-0202ulmanfund.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$551K

-12.7% from 2019

Total participants

-20.8% from 2019

Average account balance

$30,598

+11.6% from 2019

Annual return

11.36%

-13.37 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1725

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 codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

$233K

$19434 / participant

Other / not subdivided$233K100.0%

% of EOY assets

42.341%

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

$30,598

$209,428-85.4%

$178,498-82.9%

$158,950-80.7%

Participation rate

91.7%

86.4%+5.3pp

81.9%+9.7pp

82.0%+9.7pp

Annual return

11.36%

188.78%-177.4pp

151.09%-139.7pp

302.91%-291.5pp

Employer contribution / active EE

$1,723

$5,707-69.8%

$5,011-65.6%

$4,762-63.8%

Participant deferral / active EE

$4,849

$5,955-18.6%

$5,202-6.8%

$5,983-19.0%

Admin fee / account holder

$12,956

$17,077-24.1%

$13,985-7.4%

$11,248+15.2%

THE ULMAN CANCER FUND FOR YOUNG ADULTS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ULMAN CANCER FUND FOR YOUNG ADULTS 403(B) 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