Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER PHOENIX URBAN LEAGUE, INC.

Name: GREATER PHOENIX URBAN LEAGUE, - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER PHOENIX URBAN LEAGUE, INC. (2024) Form 5500
Creator: GREATER PHOENIX URBAN LEAGUE,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER PHOENIX URBAN LEAGUE, INC., GREATER PHOENIX URBAN LEAGUE,

GREATER PHOENIX URBAN LEAGUE,EIN 86-0124189Plan #001PY 2024

1402 S 7TH AVE - PHOENIX, AZ 850073902602-254-5611gphxul.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

+20.3% from 2023

Total participants

214

+25.9% from 2023

Average account balance

$18,609

-1.9% from 2023

Annual return

13.62%

-0.13 pp from 2023

Benchmarks

See 2,059 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,059 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.34M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

203

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP5 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Recordke...	$1,803

Plan features & details

Pension benefit codes2G3D2J2E2T

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.
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

2 tripped

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

$2K

$12 / participant

Recordkeeping$2K100.0%

% of EOY assets

0.048%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FESTER & CHAPMAN, PLLC
Auditor EIN: 821455657
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,609

$60,305-69.1%

$81,780-77.2%

$74,400-75.0%

Participation rate

91.6%

62.9%+28.7pp

72.4%+19.2pp

67.2%+24.3pp

Annual return

13.62%

16.89%-3.3pp

776.27%-762.6pp

1367.51%-1353.9pp

Employer contribution / active EE

$1,997

$2,623-23.9%

$2,914-31.5%

$2,624-23.9%

Participant deferral / active EE

$305

$3,390-91.0%

$4,321-92.9%

$4,348-93.0%

Admin fee / account holder

$1,484-99.4%

$7,384-99.9%

$1,944-99.5%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP5 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Recordke...

$1,803

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER PHOENIX URBAN LEAGUE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER PHOENIX URBAN LEAGUE, 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