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. (2020) 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 2020

5320 NORTH BOULEVARD - TAMPA, FL 336031302813-238-8410mowtampa.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1M

+28.6% from 2019

Total participants

+4.4% from 2019

Average account balance

$21,795

+23.0% from 2019

Annual return

12.50%

-10.45 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$265 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.792%

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

$21,795

$91,167-76.1%

$178,498-87.8%

$79,858-72.7%

Participation rate

96.7%

69.2%+27.5pp

81.9%+14.7pp

69.6%+27.0pp

Annual return

12.50%

24.19%-11.7pp

151.09%-138.6pp

31.72%-19.2pp

Employer contribution / active EE

$1,161

$3,255-64.3%

$5,011-76.8%

$2,471-53.0%

Participant deferral / active EE

$3,278

$3,236+1.3%

$5,202-37.0%

$3,740-12.4%

Admin fee / account holder

$173

$6,747-97.4%

$13,985-98.8%

$5,306-96.7%

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