Retirement plan

UNAC - UNION OF HEALTH CARE PR 401(K) PROFIT SHARING PLAN & TRUST

Name: UNAC - UNION OF HEALTH CARE PR - UNAC - UNION OF HEALTH CARE PR 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: UNAC - UNION OF HEALTH CARE PR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNAC - UNION OF HEALTH CARE PR 401(K) PROFIT SHARING PLAN & TRUST, UNAC - UNION OF HEALTH CARE PR

UNAC - UNION OF HEALTH CARE PREIN 95-2813102Plan #001PY 2024

955 OVERLAND CT STE 150 - SAN DIMAS, CA 917731740909-599-8622

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.4M

+53.5% from 2023

Total participants

116

0.0% from 2023

Average account balance

$73,363

+54.8% from 2023

Annual return

16.52%

-6.01 pp from 2023

Benchmarks

See 2,051 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,051 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.44M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

115

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.

103.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1202

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

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

$138K

$1245 / participant

Other / not subdivided$138K100.0%

% of EOY assets

1.638%

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

$73,363

$60,504+21.3%

$81,882-10.4%

$74,478-1.5%

Participation rate

99.1%

62.9%+36.2pp

72.4%+26.7pp

67.2%+31.9pp

Annual return

16.52%

16.91%-0.4pp

779.47%-763.0pp

1370.56%-1354.0pp

Employer contribution / active EE

$9,049

$2,627+244.5%

$2,916+210.3%

$2,626+244.5%

Participant deferral / active EE

$10,326

$3,400+203.7%

$4,323+138.9%

$4,350+137.4%

Admin fee / account holder

$1,202

$1,492-19.4%

$7,360-83.7%

$1,946-38.2%

UNAC - UNION OF HEALTH CARE PR 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNAC - UNION OF HEALTH CARE PR 401(K) PROFIT SHARING PLAN & TRUST

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