Retirement plan

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHERN NEVADA, INC.

Name: UNITED WAY OF SOUTHERN NEVADA, INC. - 403(B) THRIFT PLAN OF UNITED WAY OF SOUTHERN NEVADA, INC. (2020) Form 5500
Creator: UNITED WAY OF SOUTHERN NEVADA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF UNITED WAY OF SOUTHERN NEVADA, INC., UNITED WAY OF SOUTHERN NEVADA, INC.

UNITED WAY OF SOUTHERN NEVADA, INC.EIN 88-0071328Plan #002PY 2020

5830 W FLAMINGO RD - LAS VEGAS, NV 891030166702-892-2300uwsn.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+13.5% from 2019

Total participants

+1.5% from 2019

Average account balance

$65,104

+13.5% from 2019

Annual return

15.40%

-4.10 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

$4.32M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

207.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$206K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9688

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 codes2F2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$194K

$8805 / participant

Other / not subdivided$194K100.0%

% of EOY assets

4.577%

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

$65,104

$100,938-35.5%

$90,461-28.0%

$158,982-59.0%

Participation rate

90.9%

75.0%+15.9pp

72.7%+18.2pp

82.0%+8.9pp

Annual return

15.40%

1727.20%-1711.8pp

1294.76%-1279.4pp

302.99%-287.6pp

Employer contribution / active EE

$1,777

$3,691-51.9%

$3,264-45.6%

$4,763-62.7%

Participant deferral / active EE

$3,742

$4,350-14.0%

$3,964-5.6%

$5,983-37.5%

Admin fee / account holder

$2,980

$6,510-54.2%

$5,617-46.9%

$11,252-73.5%

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHERN NEVADA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNITED WAY OF SOUTHERN NEVADA, 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