Retirement plan

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHEAST MISSISSIPPI, INC.

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

UNITED WAY OF SOUTHEAST MISSISSIPPI, INC.EIN 64-0410475Plan #002PY 2020

SUITE 400 - HATTIESBURG, MS 394011648601-545-7141unitedwaysems.orgLinkedIn1-10 employeescivic & social organization

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$146K

+37.1% from 2019

Total participants

+50.0% from 2019

Average account balance

$24,365

-8.6% from 2019

Annual return

15.37%

+15.37 pp from 2019

Benchmarks

See 36,249 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$318K

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5836

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 codes2F2G2T3D

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$74

$15 / participant

Other / not subdivided$74100.0%

% of EOY assets

0.051%

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

$24,365

$100,868-75.8%

$90,414-73.1%

$158,931-84.7%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

15.37%

1724.58%-1709.2pp

1293.19%-1277.8pp

302.86%-287.5pp

Employer contribution / active EE

$4,564

$3,689+23.7%

$3,262+39.9%

$4,761-4.1%

Participant deferral / active EE

$62

$4,348-98.6%

$3,963-98.4%

$5,982-99.0%

Admin fee / account holder

$12

$6,502-99.8%

$5,611-99.8%

$11,247-99.9%

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHEAST MISSISSIPPI, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHEAST MISSISSIPPI, 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