Retirement plan

403(B) THRIFT PLAN OF UNITED WAY OF CENTRAL FLORIDA, INC.

Name: UNITED WAY OF CENTRAL FLORIDA, INC. - 403(B) THRIFT PLAN OF UNITED WAY OF CENTRAL FLORIDA, INC. (2016) Form 5500
Creator: UNITED WAY OF CENTRAL FLORIDA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF UNITED WAY OF CENTRAL FLORIDA, INC., UNITED WAY OF CENTRAL FLORIDA, INC.

UNITED WAY OF CENTRAL FLORIDA, INC.EIN 59-2116280Plan #003PY 2016

PO BOX 1357 - HIGHLAND CITY, FL 33846863-648-1500uwcf.orgLinkedIn11-50 employeesphilanthropy

Other plans on this EIN

1 filing

#002Retirement-$1.7M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+14.7% from 2015

Total participants

0.0% from 2015

Average account balance

$47,450

+17.3% from 2015

Annual return

9.28%

+9.20 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

123.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$343K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22502

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 codes2L2T

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$36K

$1498 / participant

Other / not subdivided$36K100.0%

% of EOY assets

1.762%

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

$47,450

$90,486-47.6%

$78,676-39.7%

$273,972-82.7%

Participation rate

95.8%

76.5%+19.3pp

73.6%+22.3pp

83.0%+12.8pp

Annual return

9.28%

75.62%-66.3pp

62.19%-52.9pp

41.46%-32.2pp

Employer contribution / active EE

$2,235

$3,175-29.6%

$2,850-21.6%

$4,869-54.1%

Participant deferral / active EE

$3,251

$3,901-16.7%

$3,517-7.5%

$5,287-38.5%

Admin fee / account holder

$836

$5,263-84.1%

$4,510-81.5%

$10,133-91.7%

403(B) THRIFT PLAN OF UNITED WAY OF CENTRAL FLORIDA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNITED WAY OF CENTRAL FLORIDA, 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