Retirement plan

UNIVERSITY OF MANAGEMENT AND T 401 K PROFIT SHARING PLAN TRUST

Name: UNIVERSITY OF MANAGEMENT AND T - UNIVERSITY OF MANAGEMENT AND T 401 K PROFIT SHARING PLAN TRUST (2017) Form 5500
Creator: UNIVERSITY OF MANAGEMENT AND T
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF MANAGEMENT AND T 401 K PROFIT SHARING PLAN TRUST, UNIVERSITY OF MANAGEMENT AND T

UNIVERSITY OF MANAGEMENT AND TEIN 54-1881450Plan #001PY 2017

1901 FORT MYER DR STE 700 - ARLINGTON, VA 222091609703-516-9895umtweb.eduLinkedIn51-200 employeeshigher education

Other plans on this EIN

1 filing

#002Retirement-$7.4M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$986K

+32.2% from 2016

Total participants

0.0% from 2016

Average account balance

$75,872

+42.3% from 2016

Annual return

22.60%

+19.10 pp from 2016

Benchmarks

See 5,618 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,618 peers

Snapshot2017

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.58M

Not enough data

1 years with asset history on file

Average account balance

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

$275K

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.

162.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$10K

$895 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.998%

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

$75,872

$73,515+3.2%

$62,995+20.4%

$147,584-48.6%

Participation rate

90.9%

77.9%+13.0pp

74.8%+16.1pp

82.8%+8.1pp

Annual return

22.60%

175.43%-152.8pp

87.57%-65.0pp

578.55%-555.9pp

Employer contribution / active EE

$4,030

$3,320+21.4%

$2,759+46.1%

$4,876-17.4%

Participant deferral / active EE

$3,339

$4,185-20.2%

$3,329+0.3%

$5,439-38.6%

Admin fee / account holder

$757

$5,953-87.3%

$3,600-79.0%

$10,885-93.0%

UNIVERSITY OF MANAGEMENT AND T 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF MANAGEMENT AND T 401 K PROFIT SHARING PLAN 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