Retirement plan

UNITED WAY OF ROANOKE VALLEY, INC. MONEY PURCHASE PLAN AND TRUST

Name: UNITED WAY OF ROANOKE VALLEY, INC. - UNITED WAY OF ROANOKE VALLEY, INC. MONEY PURCHASE PLAN AND TRUST (2021) Form 5500
Creator: UNITED WAY OF ROANOKE VALLEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED WAY OF ROANOKE VALLEY, INC. MONEY PURCHASE PLAN AND TRUST, UNITED WAY OF ROANOKE VALLEY, INC.

UNITED WAY OF ROANOKE VALLEY, INC.EIN 54-0535302Plan #001PY 2021

325 CAMPBELL AVE SW - ROANOKE, VA 24016540-777-4212

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$900K

+30.4% from 2020

Total participants

-7.7% from 2020

Average account balance

$18,742

+41.3% from 2020

Annual return

17.94%

-2.22 pp from 2020

Benchmarks

See 8,923 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,923 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

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.

143.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$456

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 codes2C3D2F2G

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

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

$15K

$583 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.621%

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

$18,742

$65,423-71.4%

$98,477-81.0%

$85,856-78.2%

Participation rate

100.0%

65.0%+35.0pp

73.3%+26.7pp

69.3%+30.7pp

Annual return

17.94%

21.76%-3.8pp

1493.59%-1475.7pp

318.58%-300.6pp

Employer contribution / active EE

$4,026

$2,168+85.7%

$2,961+36.0%

$2,565+56.9%

Participant deferral / active EE

$3,167-100.0%

$4,276-100.0%

$3,952-100.0%

Admin fee / account holder

$304

$4,594-93.4%

$5,951-94.9%

$6,261-95.1%

UNITED WAY OF ROANOKE VALLEY, INC. MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED WAY OF ROANOKE VALLEY, INC. MONEY PURCHASE PLAN AND TRUST

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