Retirement plan

UMPQUA BASIN WATER ASSOCIATION, INC. 401(K) RETIREMENT PLAN

Name: UMPQUA BASIN WATER ASSOCIATION, INC. - UMPQUA BASIN WATER ASSOCIATION, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: UMPQUA BASIN WATER ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UMPQUA BASIN WATER ASSOCIATION, INC. 401(K) RETIREMENT PLAN, UMPQUA BASIN WATER ASSOCIATION, INC.

UMPQUA BASIN WATER ASSOCIATION, INC.EIN 93-0549823Plan #003PY 2024

4972 GARDEN VALLEY ROAD - ROSEBURG, OR 97471541-672-5559LinkedIn1-10 employeesutilities

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1M

-27.2% from 2023

Total participants

-8.3% from 2023

Average account balance

$91,778

-20.6% from 2023

Annual return

8.36%

-5.48 pp from 2023

Benchmarks

See 1,946 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,946 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.01M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+8.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52456

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$577K

$72127 / participant

Other / not subdivided$577K100.0%

% of EOY assets

57.155%

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

$91,778

$97,751-6.1%

$103,447-11.3%

$145,877-37.1%

Participation rate

100.0%

81.1%+18.9pp

80.5%+19.5pp

80.3%+19.7pp

Annual return

8.36%

25.43%-17.1pp

23.92%-15.6pp

551.28%-542.9pp

Employer contribution / active EE

$4,690

$4,684+0.1%

$4,678+0.2%

$4,663+0.6%

Participant deferral / active EE

$4,363

$6,603-33.9%

$6,624-34.1%

$6,691-34.8%

Admin fee / account holder

$52,456

$12,515+319.1%

$9,415+457.2%

$13,402+291.4%

UMPQUA BASIN WATER ASSOCIATION, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UMPQUA BASIN WATER ASSOCIATION, INC. 401(K) RETIREMENT 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