Retirement plan

MOUNT ST. JOSEPH UNIVERSITY DEFINED CONTRIBUTION P

Name: MOUNT ST. JOSEPH UNIVERSITY - MOUNT ST. JOSEPH UNIVERSITY DEFINED CONTRIBUTION P (2016) Form 5500
Creator: MOUNT ST. JOSEPH UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOUNT ST. JOSEPH UNIVERSITY DEFINED CONTRIBUTION P, MOUNT ST. JOSEPH UNIVERSITY

MOUNT ST. JOSEPH UNIVERSITYEIN 23-7179567Plan #001PY 2016

5701 DELHI ROAD - CINCINNATI, OH 452331669513-244-4200LinkedIn501-1000 employeeshigher education

Other plans on this EIN

1 filing

#002Retirement-$21.8M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$32.4M

+2.2% from 2015

Total participants

761

-0.4% from 2015

Average account balance

$42,775

+2.5% from 2015

Annual return

6.64%

+4.85 pp from 2015

Benchmarks

See 936 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort936 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.33M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

871

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.31M

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

+10.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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 2 by compensation

Provider	Service type	Compensation
SAGE ADVISORY SERVICES2+ years Filed as: SAGE POINT FINANCIAL INC. Service code 26 · EIN 20-1741754	Advisory (Participants)	$15,649
TEACHERS INSURANCE & ANNUITY ASSOC2+ years Service code 15 · EIN 13-1624203	Recordkeeping	$10,830

Plan features & details

Pension benefit codes2A2F2G2L2T

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).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

$26K

$91 / participant

Contract admin$26K100.0%

% of EOY assets

0.082%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,775

$68,408-37.5%

$57,196-25.2%

$57,658-25.8%

Participation rate

98.6%

79.1%+19.5pp

75.3%+23.3pp

70.2%+28.4pp

Annual return

6.64%

8.51%-1.9pp

14.59%-8.0pp

5.13%+1.5pp

Employer contribution / active EE

$3,208

$2,869+11.8%

$2,683+19.6%

$1,974+62.5%

Participant deferral / active EE

$1,016

$2,903-65.0%

$3,096-67.2%

$3,061-66.8%

Admin fee / account holder

$35

$70-49.8%

$3,141-98.9%

$95-63.0%

Provider

Service type

Compensation

SAGE ADVISORY SERVICES2+ years

Filed as: SAGE POINT FINANCIAL INC.

Service code 26 · EIN 20-1741754

Advisory (Participants)

$15,649

TEACHERS INSURANCE & ANNUITY ASSOC2+ years

Service code 15 · EIN 13-1624203

Recordkeeping

$10,830

MOUNT ST. JOSEPH UNIVERSITY DEFINED CONTRIBUTION P

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOUNT ST. JOSEPH UNIVERSITY DEFINED CONTRIBUTION P

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