Retirement plan

UNDERWOOD MCALWEE CORP. 401(K) PROFIT SHARING PLAN

Name: UNDERWOOD MCALWEE CORP. - UNDERWOOD MCALWEE CORP. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: UNDERWOOD MCALWEE CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNDERWOOD MCALWEE CORP. 401(K) PROFIT SHARING PLAN, UNDERWOOD MCALWEE CORP.

UNDERWOOD MCALWEE CORP.EIN 54-1304812Plan #001PY 2019

5876 NORTH WASHINGTON BLVD. - ARLINGTON, VA 22205703-237-1553

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.8M

+28.0% from 2018

Total participants

-21.9% from 2018

Average account balance

$56,222

+8.0% from 2018

Annual return

19.48%

+25.13 pp from 2018

Benchmarks

See 3,418 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,418 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.39M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+6.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9179

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$56,222

$34,316+63.8%

$74,722-24.8%

$72,975-23.0%

Participation rate

55.0%

42.4%+12.6pp

54.5%+0.5pp

69.5%-14.5pp

Annual return

19.48%

26.58%-7.1pp

753.11%-733.6pp

81.01%-61.5pp

Employer contribution / active EE

$874

$692+26.3%

$1,084-19.4%

$2,440-64.2%

Participant deferral / active EE

$2,132

$1,272+67.7%

$1,963+8.6%

$3,608-40.9%

Admin fee / account holder

$2,125-100.0%

$3,335-100.0%

$5,124-100.0%

UNDERWOOD MCALWEE CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

UNDERWOOD MCALWEE CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion