Retirement plan

EMPLOYEE BENEFIT PLAN OF UNITED COMMUNITY ACTION NETWORK

Name: UNITED COMMUNITY ACTION NETWORK - EMPLOYEE BENEFIT PLAN OF UNITED COMMUNITY ACTION NETWORK (2020) Form 5500
Creator: UNITED COMMUNITY ACTION NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF UNITED COMMUNITY ACTION NETWORK, UNITED COMMUNITY ACTION NETWORK

UNITED COMMUNITY ACTION NETWORKEIN 93-0587136Plan #003PY 2020

280 NE KENNETH FORD DR - ROSEBURG, OR 974701034541-672-3421ucancap.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

+27.1% from 2019

Total participants

244

+4.3% from 2019

Average account balance

$9,649

+22.1% from 2019

Annual return

14.81%

-8.19 pp from 2019

Benchmarks

See 1,065 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,065 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.61M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

290

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.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$652K

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

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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 CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Claims p...	$2,923

Plan features & details

Pension benefit codes2F2G2S2T3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$13 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.110%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WICKS EMMETT LLP
Auditor EIN: 930718861
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,649

$43,133-77.6%

$89,435-89.2%

$73,497-86.9%

Participation rate

90.9%

55.0%+36.0pp

68.0%+22.9pp

70.7%+20.2pp

Annual return

14.81%

135.66%-120.9pp

245.55%-230.7pp

28.51%-13.7pp

Employer contribution / active EE

$916

$1,438-36.3%

$2,587-64.6%

$2,270-59.7%

Participant deferral / active EE

$1,263

$2,445-48.3%

$3,890-67.5%

$3,740-66.2%

Admin fee / account holder

$11

$444-97.6%

$4,884-99.8%

$513-97.9%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Claims p...

$2,923

EMPLOYEE BENEFIT PLAN OF UNITED COMMUNITY ACTION NETWORK

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF UNITED COMMUNITY ACTION NETWORK

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