Retirement plan

THE RETIREMENT PLAN FOR FACULTY ADMINISTRATIVE & PROFESSIONAL EMPLOYEES OF THE UNIVERSITY OF SCRANTON

Name: THE UNIVERSITY OF SCRANTON - THE RETIREMENT PLAN FOR FACULTY ADMINISTRATIVE & PROFESSIONAL EMPLOYEES OF THE UNIVERSITY OF SCRANTON (2017) Form 5500
Creator: THE UNIVERSITY OF SCRANTON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE RETIREMENT PLAN FOR FACULTY ADMINISTRATIVE & PROFESSIONAL EMPLOYEES OF THE UNIVERSITY OF SCRANTON, THE UNIVERSITY OF SCRANTON

THE UNIVERSITY OF SCRANTONEIN 24-0795495Plan #002PY 2017

800 LINDEN STREET - SCRANTON, PA 18510570-941-7452scranton.eduLinkedIn1001-5000 employeeshigher education

Other plans on this EIN

2 filings

#003Retirement-$83.4M assets #001Retirement-$18.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$92.2M

-10.0% from 2017

Total participants

907

-19.7% from 2017

Average account balance

$101,668

-7.6% from 2017

Annual return

10.04%

-10.34 pp from 2017

Benchmarks

See 942 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort942 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$153.79M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

915

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.37M

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

+9.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Float revenue; Claims processing; Inv...	$69,515
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 27 · EIN 26-0058143	Advisory (Plan)	$11,165
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2C2G2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$35K

$58 / participant

Investment mgmt$11K31.5%
Other / not subdivided$24K68.5%

% of EOY assets

0.038%

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

$101,668

$74,552+36.4%

$63,018+61.3%

$69,634+46.0%

Participation rate

100.0%

78.3%+21.7pp

74.8%+25.2pp

70.7%+29.3pp

Annual return

10.04%

15.77%-5.7pp

87.63%-77.6pp

27572.26%-27562.2pp

Employer contribution / active EE

$7,521

$2,929+156.8%

$2,761+172.4%

$2,032+270.1%

Participant deferral / active EE

$2,974-100.0%

$3,330-100.0%

$3,224-100.0%

Admin fee / account holder

$39

$59-34.1%

$3,601-98.9%

$110-64.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Float revenue; Claims processing; Inv...

$69,515

CAPFINANCIAL PARTNERS LLC2+ years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 27 · EIN 26-0058143

Advisory (Plan)

$11,165

MID ATLANTIC CAPITAL CORPORATION2+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

THE RETIREMENT PLAN FOR FACULTY ADMINISTRATIVE & PROFESSIONAL EMPLOYEES OF THE UNIVERSITY OF SCRANTON

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE RETIREMENT PLAN FOR FACULTY ADMINISTRATIVE & PROFESSIONAL EMPLOYEES OF THE UNIVERSITY OF SCRANTON

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