Retirement plan

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF SOUTHWEST LOUISIANA, INC.

Name: UNITED WAY OF SOUTHWEST LOUISIANA, INC. - TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF SOUTHWEST LOUISIANA, INC. (2015) Form 5500
Creator: UNITED WAY OF SOUTHWEST LOUISIANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF SOUTHWEST LOUISIANA, INC., UNITED WAY OF SOUTHWEST LOUISIANA, INC.

UNITED WAY OF SOUTHWEST LOUISIANA, INC.EIN 72-0456901Plan #002PY 2015

815 RYAN STREET - LAKE CHARLES, LA 70601337-433-1088unitedwaysela.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh feesLow participationLow assets / participant

How to read this page

Total assets (EOY)

$225K

No prior year

Total participants

No prior year

Average account balance

$11,238

No prior year

Annual return

5.95%

No prior year

Benchmarks

See 26,340 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,340 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$285

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 codes2L2F2G

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

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$66K

$5077 / participant

Other / not subdivided$66K100.0%

% of EOY assets

29.361%

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

$11,238

$84,685-86.7%

$73,836-84.8%

$125,389-91.0%

Participation rate

53.8%

76.8%-22.9pp

73.4%-19.6pp

83.2%-29.3pp

Annual return

5.95%

3123.80%-3117.8pp

2268.06%-2262.1pp

282.24%-276.3pp

Employer contribution / active EE

$2,249

$3,123-28.0%

$2,787-19.3%

$4,866-53.8%

Participant deferral / active EE

$698

$3,993-82.5%

$3,583-80.5%

$5,352-87.0%

Admin fee / account holder

$3,300

$5,694-42.0%

$4,882-32.4%

$9,541-65.4%

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF SOUTHWEST LOUISIANA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF SOUTHWEST LOUISIANA, 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