Retirement plan

CURRY COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN

Name: CURRY COLLEGE - CURRY COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN (2018) Form 5500
Creator: CURRY COLLEGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CURRY COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN, CURRY COLLEGE

CURRY COLLEGEEIN 04-2199867Plan #001PY 2018

1071 BLUE HILL AVE - MILTON, MA 021862302617-333-2302curry.eduLinkedIn501-1000 employeeshigher education

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$120.6M

+6.4% from 2017

Total participants

1,222

-2.0% from 2017

Average account balance

$153,410

+11.5% from 2017

Annual return

11.38%

-0.18 pp from 2017

Benchmarks

See 956 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort956 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$144.13M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

899

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.

52.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.42M

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

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$133

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 4 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC1 year Service code 99 · EIN 44-4000444	Other Fees	$11,250
O'CONNOR DAVIES, LLP1 year Filed as: O CONNOR AND DREW P.C. Service code 99 · EIN 22-2000222	Other Fees	$10,576
THE ANGELL PENSION GROUP, INC.1 year Service code 99 · EIN 04-2530412	Other Fees	$5,453
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Filed as: FIDELITY INV INST OPER COMPANY INC. Service code 37 · EIN 04-2647786	Loan Processing	$463

Plan features & details

Pension benefit codes2L2M2K2F2G

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$29K

$36 / participant

Investment mgmt$4321.5%
Other / not subdivided$29K98.5%

% of EOY assets

0.024%

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: O'CONNOR & DREW, P.C.
Auditor EIN: 043000523
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$153,410

$70,083+118.9%

$59,899+156.1%

$55,725+175.3%

Participation rate

46.0%

78.4%-32.3pp

74.7%-28.7pp

70.9%-24.8pp

Annual return

11.38%

3.13%+8.3pp

3.46%+7.9pp

244.93%-233.6pp

Employer contribution / active EE

$3,004

$2,878+4.3%

$2,723+10.3%

$2,078+44.5%

Participant deferral / active EE

$3,090

$3,079+0.4%

$3,402-9.2%

$3,356-7.9%

Admin fee / account holder

$37

$70-47.6%

$3,592-99.0%

$115-68.0%

Provider

Service type

Compensation

MMA SECURITIES LLC1 year

Service code 99 · EIN 44-4000444

Other Fees

$11,250

O'CONNOR DAVIES, LLP1 year

Filed as: O CONNOR AND DREW P.C.

Service code 99 · EIN 22-2000222

Other Fees

$10,576

THE ANGELL PENSION GROUP, INC.1 year

Service code 99 · EIN 04-2530412

Other Fees

$5,453

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Filed as: FIDELITY INV INST OPER COMPANY INC.

Service code 37 · EIN 04-2647786

Loan Processing

$463

CURRY COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CURRY COLLEGE DEFINED CONTRIBUTION RETIREMENT 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