Umatilla?Morrow Head Start, Inc.
Form 5500 DataOverview
Plan Description
Umatilla?Morrow Head Start, Inc. 403(b) Plan Two is a defined contribution plan. This plan has a BrightScope Rating of 42. Umatilla?Morrow Head Start, Inc. 403(b) Plan Two currently has over 200 active participants and over $1.8M in plan assets.
Did you know?
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (42) and the top rated plan (86) could equate to:
21
Additional years of work
228,389
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 110 Ne 4th Street
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 110 Ne 4th Street
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LocationHermiston , OR97838
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IndustryEducational Services
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AdministratorAaron Treadwell
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Net Plan Assets$1,780,000
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Total Participants230
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Avg Account Balance$11,000
Plan Components
Component Ratings
Design
Total Plan Cost:
High Fees
Company Generosity:
Average
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Poor
Account Balance:
Poor
Design
Total Plan Cost:
High Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Poor
Peer Group Plans
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Manned Space Flight Education Foundation | 60.8 |
Empire Education | 54.8 |
Tulsa Educare | 54.6 |
The Sage | 51.1 |
Spectrum Academy | 48.6 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Data & Research
Many Near-Retirees Don't Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
April 7, 2021
Compliance
The Most Common Retirement Plan Testing Mistakes
By alerting plan sponsors to the issues they see most often, advisers can help their clients navigate IRS testing rules.
April 12, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
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T. Rowe Price Retirement | 39% |
N/A
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American United Life Fixed Fund | 32% |
N/A
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Total Other Investments | 24% |
N/A
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100%
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100%
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100%
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100%
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View all funds in this plan
Providers
Plan Service Providers
SERVICE | PROVIDER |
---|---|
Insurance Carrier
|
American United Life
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Insurance Carrier
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Kansas City Life Insurance Company
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Insurance Carrier
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Western United Insurance Group
|
Insurance Advisor/Broker
|
Securities America, Inc.
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Insurance Advisor/Broker
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Simmons Insurance Group
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Recordkeeper
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American United Life
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Auditor
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Petersen Advisors
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Articles and Questions

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