Retirement plan

RIVIER UNIVERSITY 403(B) PLAN

Name: RIVIER UNIVERSITY - RIVIER UNIVERSITY 403(B) PLAN (2020) Form 5500
Creator: RIVIER UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIVIER UNIVERSITY 403(B) PLAN, RIVIER UNIVERSITY

RIVIER UNIVERSITYEIN 02-0223339Plan #001PY 2020

420 SOUTH MAIN STREET - NASHUA, NH 030605086603-888-1311rivier.eduLinkedIn1001-5000 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$39.7M

+9.3% from 2019

Total participants

510

-1.2% from 2019

Average account balance

$80,370

+10.4% from 2019

Annual return

12.07%

-3.50 pp from 2019

Benchmarks

See 1,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,462 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.34M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

484

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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
GLOBAL RETIREMENT PARTNERS LLC3 years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118 4460 REDWOOD HWY · SAN RAFAEL, CA 949031951	Advisory (Plan)	$21,434

Plan features & details

Pension benefit codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$21K

$93 / participant

Investment mgmt$21K100.0%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERRY, DUNN, MCNEIL, & PARKER, LLC
Auditor EIN: 010523282
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,370

$65,322+23.0%

$70,476+14.0%

$73,493+9.4%

Participation rate

93.0%

77.0%+16.1pp

75.1%+18.0pp

70.7%+22.4pp

Annual return

12.07%

15.71%-3.6pp

109.12%-97.0pp

28.51%-16.4pp

Employer contribution / active EE

$1,989

$2,460-19.1%

$2,738-27.4%

$2,270-12.4%

Participant deferral / active EE

$4,069

$3,375+20.6%

$3,710+9.7%

$3,740+8.8%

Admin fee / account holder

$43

$214-79.7%

$3,847-98.9%

$513-91.5%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC3 years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 27 · EIN 47-1411118

4460 REDWOOD HWY · SAN RAFAEL, CA 949031951

Advisory (Plan)

$21,434

RIVIER UNIVERSITY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIVIER UNIVERSITY 403(B) 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