Retirement plan

403 B THRIFT PLAN OF UNITED WAY OF THE CAPE FEAR AREA

Name: UNITED WAY OF THE CAPE FEAR AREA - 403 B THRIFT PLAN OF UNITED WAY OF THE CAPE FEAR AREA (2017) Form 5500
Creator: UNITED WAY OF THE CAPE FEAR AREA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF UNITED WAY OF THE CAPE FEAR AREA, UNITED WAY OF THE CAPE FEAR AREA

UNITED WAY OF THE CAPE FEAR AREAEIN 56-0529949Plan #002PY 2017

5919 OLEANDER DR STE 115 - WILMINGTON, NC 284034757910-798-3900LinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+27.0% from 2016

Total participants

+19.0% from 2016

Average account balance

$51,581

+21.2% from 2016

Annual return

16.34%

+10.95 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$582K

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+0.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$343

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 codes2F2G2L

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.

Opportunity flags

2 tripped

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

$6K

$1015 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.537%

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

$51,581

$198,457-74.0%

$170,435-69.7%

$147,586-65.1%

Participation rate

50.0%

88.0%-38.0pp

83.6%-33.6pp

82.8%-32.8pp

Annual return

16.34%

257.30%-241.0pp

205.94%-189.6pp

578.59%-562.3pp

Employer contribution / active EE

$6,686

$6,183+8.1%

$5,432+23.1%

$4,876+37.1%

Participant deferral / active EE

$10,127

$5,629+79.9%

$4,939+105.0%

$5,439+86.2%

Admin fee / account holder

$277

$16,852-98.4%

$13,881-98.0%

$10,886-97.5%

403 B THRIFT PLAN OF UNITED WAY OF THE CAPE FEAR AREA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF UNITED WAY OF THE CAPE FEAR AREA

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