Retirement plan

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF CENTRAL LOUISIANA

Name: UNITED WAY OF CENTRAL LOUISIANA - TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF CENTRAL LOUISIANA (2020) Form 5500
Creator: UNITED WAY OF CENTRAL LOUISIANA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF CENTRAL LOUISIANA, UNITED WAY OF CENTRAL LOUISIANA

UNITED WAY OF CENTRAL LOUISIANAEIN 72-0462338Plan #002PY 2020

1101 4TH ST STE 202 - ALEXANDRIA, LA 713018311uwcl.orgLinkedIn1-10 employeescivic & social organization

Other plans on this EIN

1 filing

#001Retirement-$885K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$175K

+21.1% from 2019

Total participants

0.0% from 2019

Average account balance

$35,096

+21.1% from 2019

Annual return

18.40%

-5.71 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23K

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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

$20

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10

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

+7.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9726

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 codes2G2M2F

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

Opportunity flags

1 tripped

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

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

$35,096

$100,938-65.2%

$90,461-61.2%

$158,982-77.9%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

18.40%

1727.20%-1708.8pp

1294.76%-1276.4pp

302.99%-284.6pp

Employer contribution / active EE

$3,691-100.0%

$3,264-100.0%

$4,763-100.0%

Participant deferral / active EE

$990

$4,350-77.2%

$3,964-75.0%

$5,983-83.5%

Admin fee / account holder

$6,510-100.0%

$5,617-100.0%

$11,252-100.0%

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF CENTRAL LOUISIANA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TAX DEFERRED ANNUITY PLAN OF UNITED WAY OF CENTRAL LOUISIANA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion