Retirement plan

403(B) THRIFT PLAN OF UNITED WAY OF FORSYTH COUNTY, INC.

Name: UNITED WAY OF FORSYTH COUNTY, INC. - 403(B) THRIFT PLAN OF UNITED WAY OF FORSYTH COUNTY, INC. (2020) Form 5500
Creator: UNITED WAY OF FORSYTH COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF UNITED WAY OF FORSYTH COUNTY, INC., UNITED WAY OF FORSYTH COUNTY, INC.

UNITED WAY OF FORSYTH COUNTY, INC.EIN 58-1925396Plan #001PY 2020

240 ELM ST - CUMMING, GA 300402467770-781-4110

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$246K

+53.0% from 2019

Total participants

0.0% from 2019

Average account balance

$61,595

+53.0% from 2019

Annual return

19.16%

-2.62 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$112K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

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

+2.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26723

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$48

$10 / participant

Other / not subdivided$48100.0%

% of EOY assets

0.019%

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

$61,595

$100,938-39.0%

$90,461-31.9%

$158,982-61.3%

Participation rate

80.0%

75.0%+5.0pp

72.7%+7.3pp

82.0%-2.0pp

Annual return

19.16%

1727.20%-1708.0pp

1294.76%-1275.6pp

302.99%-283.8pp

Employer contribution / active EE

$1,316

$3,691-64.3%

$3,264-59.7%

$4,763-72.4%

Participant deferral / active EE

$9,594

$4,350+120.6%

$3,964+142.0%

$5,983+60.3%

Admin fee / account holder

$12

$6,510-99.8%

$5,617-99.8%

$11,252-99.9%

403(B) THRIFT PLAN OF UNITED WAY OF FORSYTH COUNTY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNITED WAY OF FORSYTH COUNTY, INC.

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