Retirement plan

UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. 401(A) DC PLAN

Name: UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. - UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. 401(A) DC PLAN (2024) Form 5500
Creator: UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. 401(A) DC PLAN, UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC.

UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC.EIN 14-1397537Plan #001PY 2024

1400 WASHINGTON AVE., CAMPUS CENTER, ROOM B-52 - ALBANY, NY 122220100518-442-3138LinkedIn51-200 employeesinternet

Other plans on this EIN

1 filing

#002Retirement-$4.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.1M

+8.9% from 2023

Total participants

0.0% from 2023

Average account balance

$99,489

+8.9% from 2023

Annual return

13.71%

-2.30 pp from 2023

Benchmarks

See 6,884 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort6,884 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.05M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$266K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
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

$9K

$323 / participant

Contract admin$9K100.0%

% of EOY assets

0.096%

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: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,489

$29,670+235.3%

$56,054+77.5%

$80,911+23.0%

Participation rate

100.0%

41.7%+58.3pp

52.5%+47.5pp

67.6%+32.4pp

Annual return

13.71%

35.24%-21.5pp

1705.95%-1692.2pp

35.63%-21.9pp

Employer contribution / active EE

$9,849

$670+1370.6%

$1,039+847.9%

$2,756+257.4%

Participant deferral / active EE

$1,227-100.0%

$1,952-100.0%

$4,297-100.0%

Admin fee / account holder

$96

$2,431-96.1%

$2,822-96.6%

$6,935-98.6%

UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. 401(A) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY AUXILIARY SERVICES AT ALBANY, INC. 401(A) DC 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