Retirement plan

SAINT FRANCIS UNIVERSITY RETIREMENT PLAN

Name: SAINT FRANCIS UNIVERSITY - SAINT FRANCIS UNIVERSITY RETIREMENT PLAN (2017) Form 5500
Creator: SAINT FRANCIS UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAINT FRANCIS UNIVERSITY RETIREMENT PLAN, SAINT FRANCIS UNIVERSITY

SAINT FRANCIS UNIVERSITYEIN 25-1024358Plan #004PY 2017

117 EVERGREEN DRIVE, PO BOX 600 - LORETTO, PA 159409704814-472-3006francis.eduLinkedIn201-500 employeeshigher education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$92M

+14.5% from 2016

Total participants

999

+0.3% from 2016

Average account balance

$92,434

+4.7% from 2016

Annual return

14.51%

+7.07 pp from 2016

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

$127.91M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

980

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$531

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 codes2G2L2T3D

Plan features

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.
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

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

$514K

$905 / participant

Investment mgmt$434K84.3%
Contract admin$52K10.1%
Other / not subdivided$29K5.6%

% of EOY assets

0.559%

all-in expense ratio

Categories reported

2 / 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: YOUNG, OAKES, BROWN & CO, P.C.
Auditor EIN: 251589048
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,434

$74,552+24.0%

$63,018+46.7%

$69,631+32.7%

Participation rate

99.3%

78.3%+21.0pp

74.8%+24.5pp

70.7%+28.6pp

Annual return

14.51%

15.77%-1.3pp

87.62%-73.1pp

27571.02%-27556.5pp

Employer contribution / active EE

$3,509

$2,929+19.8%

$2,761+27.1%

$2,032+72.7%

Participant deferral / active EE

$3,440

$2,974+15.6%

$3,330+3.3%

$3,224+6.7%

Admin fee / account holder

$517

$59+769.8%

$3,601-85.6%

$110+367.9%

SAINT FRANCIS UNIVERSITY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAINT FRANCIS UNIVERSITY RETIREMENT 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