Retirement plan

401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF UNITED WAY OF SOUTHEAST ARKANSAS, INC.

Name: UNITED WAY OF SOUTHEAST ARKANS - 401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF UNITED WAY OF SOUTHEAST ARKANSAS, INC. (2023) Form 5500
Creator: UNITED WAY OF SOUTHEAST ARKANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF UNITED WAY OF SOUTHEAST ARKANSAS, INC., UNITED WAY OF SOUTHEAST ARKANS

UNITED WAY OF SOUTHEAST ARKANSEIN 71-0236869Plan #002PY 2023

PO BOX 8702 - PINE BLUFF, AR 716118702870-534-2153uwseark.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$172K

-38.3% from 2020

Total participants

-20.0% from 2020

Average account balance

$43,020

-22.9% from 2020

Annual return

6.98%

+1.28 pp from 2020

Benchmarks

See 41,776 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,776 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$179K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2950

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 codes2G2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$102K

$33925 / participant

Other / not subdivided$102K100.0%

% of EOY assets

59.143%

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

$43,020

$96,691-55.5%

$86,656-50.4%

$139,487-69.2%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

6.98%

106.87%-99.9pp

593.09%-586.1pp

373.84%-366.9pp

Employer contribution / active EE

$4,898

$3,267+49.9%

$3,025+61.9%

$4,755+3.0%

Participant deferral / active EE

$4,838-100.0%

$4,439-100.0%

$6,713-100.0%

Admin fee / account holder

$25,444

$6,414+296.7%

$5,619+352.8%

$11,407+123.0%

401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF UNITED WAY OF SOUTHEAST ARKANSAS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF UNITED WAY OF SOUTHEAST ARKANSAS, 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