Retirement plan

EMMANUEL COLLEGE DEFINED CONTRIBUTION PLAN

Name: TRUSTEES OF EMMANUEL COLLEGE - EMMANUEL COLLEGE DEFINED CONTRIBUTION PLAN (2019) Form 5500
Creator: TRUSTEES OF EMMANUEL COLLEGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMMANUEL COLLEGE DEFINED CONTRIBUTION PLAN, TRUSTEES OF EMMANUEL COLLEGE

TRUSTEES OF EMMANUEL COLLEGEEIN 04-2105769Plan #001PY 2019

400 THE FENWAY - BOSTON, MA 02115617-735-9991

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$86M

+15.5% from 2018

Total participants

856

-1.9% from 2018

Average account balance

$124,771

+13.9% from 2018

Annual return

18.05%

+21.72 pp from 2018

Benchmarks

See 946 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort946 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$121.63M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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.

714

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.

59.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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 3 by compensation

Provider	Service type	Compensation
FIDUCIARY INVESTMENT ADVISORS2 years Filed as: FIDUCIARY INVESTMENT ADVISORS LLC Service code 99 · EIN 20-4751585	Other Fees	$30,917
GRAY, GRAY & GRAY2 years Filed as: GRAY, GRAY & GRAY LLP Service code 99 · EIN 04-2088368	Other Fees	$16,216
THE ANGELL PENSION GROUP, INC.1 year Service code 99 · EIN 04-2530412	Other Fees	$10,650

Plan features & details

Pension benefit codes2L2M2F2G2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$58K

$123 / participant

Contract admin$58K100.0%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRAY, GRAY & GRAY, LLP
Auditor EIN: 042088368
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,771

$95,542+30.6%

$69,464+79.6%

$67,579+84.6%

Participation rate

64.5%

79.4%-14.8pp

74.6%-10.1pp

71.3%-6.7pp

Annual return

18.05%

17.67%+0.4pp

28.98%-10.9pp

378.56%-360.5pp

Employer contribution / active EE

$4,023

$2,989+34.6%

$2,779+44.8%

$2,148+87.3%

Participant deferral / active EE

$4,378

$3,263+34.2%

$3,536+23.8%

$3,539+23.7%

Admin fee / account holder

$84

$90-6.6%

$3,840-97.8%

$142-41.1%

Provider

Service type

Compensation

FIDUCIARY INVESTMENT ADVISORS2 years

Filed as: FIDUCIARY INVESTMENT ADVISORS LLC

Service code 99 · EIN 20-4751585

Other Fees

$30,917

GRAY, GRAY & GRAY2 years

Filed as: GRAY, GRAY & GRAY LLP

Service code 99 · EIN 04-2088368

Other Fees

$16,216

THE ANGELL PENSION GROUP, INC.1 year

Service code 99 · EIN 04-2530412

Other Fees

$10,650

EMMANUEL COLLEGE DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMMANUEL COLLEGE DEFINED CONTRIBUTION 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