Retirement plan

UNCOMPAHGRE VALLEY WATER USERS ASSOCIATION 401K PLAN

Name: UNCOMPAHGRE WATERS USERS ASSOCIATIO - UNCOMPAHGRE VALLEY WATER USERS ASSOCIATION 401K PLAN (2017) Form 5500
Creator: UNCOMPAHGRE WATERS USERS ASSOCIATIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNCOMPAHGRE VALLEY WATER USERS ASSOCIATION 401K PLAN, UNCOMPAHGRE WATERS USERS ASSOCIATIO

UNCOMPAHGRE WATERS USERS ASSOCIATIOEIN 84-0340160Plan #002PY 2017

P O. BOX69 - MONTROSE, CO 81402970-249-3813uvwua.comLinkedIn51-200 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

+18.8% from 2016

Total participants

+8.9% from 2016

Average account balance

$46,166

+10.9% from 2016

Annual return

14.85%

+10.91 pp from 2016

Benchmarks

See 538 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort538 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.76M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$168K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+21.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18961

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

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

$96K

$2130 / participant

Other / not subdivided$96K100.0%

% of EOY assets

4.615%

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

$46,166

$75,963-39.2%

$97,995-52.9%

$70,126-34.2%

Participation rate

91.1%

77.0%+14.1pp

82.4%+8.7pp

69.5%+21.6pp

Annual return

14.85%

19.26%-4.4pp

23.94%-9.1pp

73.15%-58.3pp

Employer contribution / active EE

$1,885

$3,278-42.5%

$4,158-54.7%

$2,343-19.5%

Participant deferral / active EE

$1,771

$4,053-56.3%

$5,097-65.2%

$3,332-46.8%

Admin fee / account holder

$2,130

$5,407-60.6%

$5,943-64.2%

$4,645-54.1%

UNCOMPAHGRE VALLEY WATER USERS ASSOCIATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNCOMPAHGRE VALLEY WATER USERS ASSOCIATION 401K PLAN

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