Retirement plan

UNITED PUBLIC WORKERS 401(K) PROFIT SHARING PLAN

Name: UNITED PUBLIC WORKERS AFSCME, LOCAL 646, AFL-CIO - UNITED PUBLIC WORKERS 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: UNITED PUBLIC WORKERS AFSCME, LOCAL 646, AFL-CIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED PUBLIC WORKERS 401(K) PROFIT SHARING PLAN, UNITED PUBLIC WORKERS AFSCME, LOCAL 646, AFL-CIO

UNITED PUBLIC WORKERS AFSCME, LOCAL 646, AFL-CIOEIN 99-0069019Plan #002PY 2019

1426 N. SCHOOL STREET - HONOLULU, HI 968171914808-847-2631

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.5M

+25.0% from 2018

Total participants

+10.6% from 2018

Average account balance

$233,684

+19.9% from 2018

Annual return

21.82%

+30.63 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.19M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

128.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$843K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7253

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$380K

$9505 / participant

Other / not subdivided$380K100.0%

% of EOY assets

3.320%

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

$233,684

$54,763+326.7%

$90,324+158.7%

$72,976+220.2%

Participation rate

92.5%

65.2%+27.3pp

73.3%+19.2pp

69.5%+23.0pp

Annual return

21.82%

30.63%-8.8pp

78.15%-56.3pp

81.02%-59.2pp

Employer contribution / active EE

$9,855

$2,093+370.8%

$2,856+245.1%

$2,440+303.9%

Participant deferral / active EE

$5,425

$2,887+87.9%

$3,885+39.6%

$3,608+50.4%

Admin fee / account holder

$7,759

$3,973+95.3%

$5,356+44.9%

$5,124+51.4%

UNITED PUBLIC WORKERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED PUBLIC WORKERS 401(K) PROFIT SHARING 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