Retirement plan

403(B) THRIFT PLAN OF MEALS ON WHEELS OF TAMPA, INC.

Name: MEALS ON WHEELS OF TAMPA, INC. - 403(B) THRIFT PLAN OF MEALS ON WHEELS OF TAMPA, INC. (2019) Form 5500
Creator: MEALS ON WHEELS OF TAMPA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF MEALS ON WHEELS OF TAMPA, INC., MEALS ON WHEELS OF TAMPA, INC.

MEALS ON WHEELS OF TAMPA, INC.EIN 59-1679915Plan #001PY 2019

550 W HILLSBOROUGH AVE - TAMPA, FL 336031302813-238-8410mowtampa.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$780K

+46.3% from 2018

Total participants

+18.4% from 2018

Average account balance

$17,722

+26.3% from 2018

Annual return

22.94%

+28.32 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.57M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

117.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$785

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 codes2F2G2S2T

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.

Opportunity flags

1 tripped

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

$15K

$344 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.943%

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

$17,722

$85,169-79.2%

$172,755-89.7%

$72,983-75.7%

Participation rate

97.7%

70.1%+27.7pp

82.6%+15.1pp

69.5%+28.2pp

Annual return

22.94%

27.32%-4.4pp

802.94%-780.0pp

81.01%-58.1pp

Employer contribution / active EE

$761

$3,324-77.1%

$5,144-85.2%

$2,440-68.8%

Participant deferral / active EE

$2,404

$3,260-26.2%

$5,198-53.7%

$3,608-33.4%

Admin fee / account holder

$344

$5,880-94.1%

$13,955-97.5%

$5,124-93.3%

403(B) THRIFT PLAN OF MEALS ON WHEELS OF TAMPA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF MEALS ON WHEELS OF TAMPA, 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