Retirement plan

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE MID SOUTH

Name: UNITED WAY OF THE MID SOUTH - EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE MID SOUTH (2017) Form 5500
Creator: UNITED WAY OF THE MID SOUTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE MID SOUTH, UNITED WAY OF THE MID SOUTH

UNITED WAY OF THE MID SOUTHEIN 56-1010742Plan #001PY 2017

1005 TILLMAN ST - MEMPHIS, TN 381122038901-433-4300LinkedIn11-50 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$4.6M assets

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$5.1M

+4.2% from 2016

Total participants

+2.9% from 2016

Average account balance

$71,392

-3.1% from 2016

Annual return

8.29%

+5.38 pp from 2016

Benchmarks

See 32 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants25-99

Cohort32 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.81M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

240.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$405K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18996

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 codes2C2T

Plan features

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

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$615K

$18624 / participant

Other / not subdivided$615K100.0%

% of EOY assets

12.125%

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

$71,392

$32,888+117.1%

$70,126+1.8%

Participation rate

97.0%

57.8%+39.2pp

69.5%+27.4pp

Annual return

8.29%

18.50%-10.2pp

73.15%-64.9pp

Employer contribution / active EE

$9,027

$2,171+315.8%

$2,343+285.3%

Participant deferral / active EE

$1,340-100.0%

$3,332-100.0%

Admin fee / account holder

$8,656

$1,413+512.7%

$4,645+86.3%

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE MID SOUTH

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF THE MID SOUTH

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