Retirement plan

WINTHROP UNIVERSITY FOUNDATION 401(K) SAFE HARBOR PLAN

Name: WINTHROP UNIVERSITY FOUNDATION - WINTHROP UNIVERSITY FOUNDATION 401(K) SAFE HARBOR PLAN (2020) Form 5500
Creator: WINTHROP UNIVERSITY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WINTHROP UNIVERSITY FOUNDATION 401(K) SAFE HARBOR PLAN, WINTHROP UNIVERSITY FOUNDATION

WINTHROP UNIVERSITY FOUNDATIONEIN 23-7378001Plan #001PY 2020

302 TILLMAN HALL - ROCK HILL, SC 29733803-323-2229LinkedIn11-50 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$979K

+32.6% from 2019

Total participants

+14.3% from 2019

Average account balance

$61,158

+16.0% from 2019

Annual return

19.34%

-4.62 pp from 2019

Benchmarks

See 6,196 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,196 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$678K

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

260.0%

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

$22K

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

+16.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64969

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.

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

$61,158

$81,664-25.1%

$70,476-13.2%

$158,966-61.5%

Participation rate

100.0%

77.7%+22.3pp

75.1%+24.9pp

82.0%+18.0pp

Annual return

19.34%

208.59%-189.3pp

109.12%-89.8pp

302.95%-283.6pp

Employer contribution / active EE

$7,082

$3,219+120.0%

$2,738+158.7%

$4,762+48.7%

Participant deferral / active EE

$9,209

$4,556+102.1%

$3,710+148.2%

$5,983+53.9%

Admin fee / account holder

$6,197-100.0%

$3,847-100.0%

$11,250-100.0%

WINTHROP UNIVERSITY FOUNDATION 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WINTHROP UNIVERSITY FOUNDATION 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion