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 (2018) 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 2018

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

Other plans on this EIN

1 filing

#002Retirement-$4.8M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$4.9M

-2.6% from 2017

Total participants

0.0% from 2017

Average account balance

$70,551

-1.2% from 2017

Annual return

-2.87%

-11.15 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.59M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

220.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$353K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28523

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 codes2F2T

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).
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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$302K

$10422 / participant

Other / not subdivided$302K100.0%

% of EOY assets

6.120%

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

$70,551

$49,177+43.5%

$79,476-11.2%

$64,181+9.9%

Participation rate

93.1%

65.0%+28.1pp

73.3%+19.8pp

69.6%+23.5pp

Annual return

-2.87%

-1.16%-1.7pp

718.21%-721.1pp

7.63%-10.5pp

Employer contribution / active EE

$10,100

$2,076+386.5%

$2,800+260.7%

$2,381+324.2%

Participant deferral / active EE

$2,821-100.0%

$3,704-100.0%

$3,470-100.0%

Admin fee / account holder

$4,318

$3,839+12.5%

$5,113-15.6%

$4,887-11.7%

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