Retirement plan

FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN

Name: FRANKLIN PIERCE UNIVERSITY - FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN (2023) Form 5500
Creator: FRANKLIN PIERCE UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN, FRANKLIN PIERCE UNIVERSITY

FRANKLIN PIERCE UNIVERSITYEIN 02-0263136Plan #001PY 2023

40 UNIVERSITY DRIVE - RINDGE, NH 034615046603-899-4077franklinpierce.eduLinkedIn501-1000 employeeshigher education

Prospect flagsLow participant contribution

Top hat statement on fileNQDC

Filed March 6, 2026 (most recent of 5 filings on file)

Plan administrator

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40 University Drive

Rindge, NH 03461

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Plans declared (1)

Franklin Pierce University 457(f) Plan1 emp

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Total assets (EOY)

$60.8M

+11.5% from 2022

Total participants

994

-1.6% from 2022

Average account balance

$66,917

+12.1% from 2022

Annual return

15.36%

+26.10 pp from 2022

Benchmarks

See 964 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort964 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.97M

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.

915

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.

87.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.82M

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$62

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
TIAA6 years Service code 64 · EIN 13-1624203	Recordkeeping Fees	$39,080
VALIC RETIREMENT SERVICES COMPANY9+ years Filed as: VARIABLE ANNUITY LIFE INSURANCE CO. Service code 64 · EIN 74-1625348	Recordkeeping Fees	$2,149

Plan features & details

Pension benefit codes2A2H2L2M2S2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$64 / participant

Recordkeeping$41K100.0%

% of EOY assets

0.068%

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

$66,917

$83,884-20.2%

$64,097+4.4%

$74,473-10.1%

Participation rate

86.6%

76.6%+10.0pp

72.3%+14.3pp

70.7%+15.9pp

Annual return

15.36%

16.57%-1.2pp

33.75%-18.4pp

34.36%-19.0pp

Employer contribution / active EE

$1,233

$3,084-60.0%

$2,750-55.2%

$2,638-53.3%

Participant deferral / active EE

$1,626

$3,692-56.0%

$3,881-58.1%

$4,530-64.1%

Admin fee / account holder

$45

$196-76.8%

$3,070-98.5%

$347-86.9%

Provider

Service type

Compensation

TIAA6 years

Service code 64 · EIN 13-1624203

Recordkeeping Fees

$39,080

VALIC RETIREMENT SERVICES COMPANY9+ years

Filed as: VARIABLE ANNUITY LIFE INSURANCE CO.

Service code 64 · EIN 74-1625348

Recordkeeping Fees

$2,149

FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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