Retirement plan

403 B THRIFT PLAN OF UNITED WAY OF ANCHORAGE

Name: UNITED WAY OF ANCHORAGE - 403 B THRIFT PLAN OF UNITED WAY OF ANCHORAGE (2017) Form 5500
Creator: UNITED WAY OF ANCHORAGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF UNITED WAY OF ANCHORAGE, UNITED WAY OF ANCHORAGE

UNITED WAY OF ANCHORAGEEIN 92-0027948Plan #002PY 2017

701 W 8TH AVE STE 230 - ANCHORAGE, AK 995013469907-263-3800unitedwayanc.orgLinkedIn11-50 employeesphilanthropy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.8M

+8.2% from 2016

Total participants

+2.7% from 2016

Average account balance

$51,597

-4.9% from 2016

Annual return

13.61%

-10.39 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.38M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

124.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$445K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$500

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 codes2F2T2L2G2S

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.
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

$472K

$13480 / participant

Other / not subdivided$472K100.0%

% of EOY assets

12.357%

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

$51,597

$84,236-38.7%

$170,439-69.7%

$70,124-26.4%

Participation rate

94.3%

70.8%+23.5pp

83.6%+10.7pp

69.5%+24.7pp

Annual return

13.61%

23.06%-9.5pp

205.94%-192.3pp

73.14%-59.5pp

Employer contribution / active EE

$3,088

$3,387-8.8%

$5,433-43.2%

$2,342+31.8%

Participant deferral / active EE

$4,952

$3,086+60.5%

$4,939+0.2%

$3,332+48.6%

Admin fee / account holder

$6,376

$5,698+11.9%

$13,881-54.1%

$4,645+37.2%

403 B THRIFT PLAN OF UNITED WAY OF ANCHORAGE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF UNITED WAY OF ANCHORAGE

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