Retirement plan

TIAA - CREF DEFERRED ANNUITY PLAN FOR EMPLOYEES OF LITERARY CLASSICS OF THE UNITED STATES INC.

Name: LITERARY CLASSICS OF THE UNITED STATES, INC. - TIAA - CREF DEFERRED ANNUITY PLAN FOR EMPLOYEES OF LITERARY CLASSICS OF THE UNITED STATES INC. (2015) Form 5500
Creator: LITERARY CLASSICS OF THE UNITED STATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIAA - CREF DEFERRED ANNUITY PLAN FOR EMPLOYEES OF LITERARY CLASSICS OF THE UNITED STATES INC., LITERARY CLASSICS OF THE UNITED STATES, INC.

LITERARY CLASSICS OF THE UNITED STATES, INC.EIN 13-2986916Plan #002PY 2015

14 EAST 60TH STREET - NEW YORK, NY 10022212-308-3360

Other plans on this EIN

1 filing

#001Retirement-$5.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

No prior year

Total participants

No prior year

Average account balance

$193,756

No prior year

Annual return

1.49%

No prior year

Benchmarks

See 4,198 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort4,198 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.31M

Not enough data

1 years with asset history on file

Average account balance

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

$348K

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.

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12844

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2L2M

Plan features

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$23K

$1348 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.739%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$193,756

$64,311+201.3%

$57,356+237.8%

$125,389+54.5%

Participation rate

88.2%

78.6%+9.6pp

75.1%+13.2pp

83.2%+5.0pp

Annual return

1.49%

25.14%-23.7pp

24.41%-22.9pp

282.24%-280.8pp

Employer contribution / active EE

$3,193-100.0%

$2,689-100.0%

$4,866-100.0%

Participant deferral / active EE

$5,602

$3,846+45.7%

$3,162+77.2%

$5,352+4.7%

Admin fee / account holder

$1,432

$5,243-72.7%

$3,357-57.3%

$9,541-85.0%

TIAA - CREF DEFERRED ANNUITY PLAN FOR EMPLOYEES OF LITERARY CLASSICS OF THE UNITED STATES INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIAA - CREF DEFERRED ANNUITY PLAN FOR EMPLOYEES OF LITERARY CLASSICS OF THE UNITED STATES INC.

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