Retirement plan

AICUO 401(K) RETIREMENT PLAN

Name: ASSOCIATION OF INDEPENDENT COLLEGES AND UNIV - AICUO 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: ASSOCIATION OF INDEPENDENT COLLEGES AND UNIV
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AICUO 401(K) RETIREMENT PLAN, ASSOCIATION OF INDEPENDENT COLLEGES AND UNIV

ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVEIN 31-0746875Plan #001PY 2019

41 SOUTH HIGH STREET, SUITE 1690 - COLUMBUS, OH 43215614-228-2196aicuo.eduLinkedIn1-10 employeeshigher education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$406K

+50.4% from 2018

Total participants

0.0% from 2018

Average account balance

$50,756

+50.4% from 2018

Annual return

21.87%

+35.79 pp from 2018

Benchmarks

See 6,052 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,052 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+16.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1901

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 codes2E3D2G2J2F2T

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

$33K

$5437 / participant

Other / not subdivided$33K100.0%

% of EOY assets

8.034%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$50,756

$77,416-34.4%

$69,464-26.9%

$152,897-66.8%

Participation rate

100.0%

78.1%+21.9pp

74.6%+25.4pp

82.5%+17.5pp

Annual return

21.87%

39.08%-17.2pp

28.98%-7.1pp

345.43%-323.6pp

Employer contribution / active EE

$11,473

$3,315+246.1%

$2,779+312.8%

$4,764+140.9%

Participant deferral / active EE

$6,713

$4,413+52.1%

$3,536+89.8%

$5,851+14.7%

Admin fee / account holder

$4,078

$6,208-34.3%

$3,840+6.2%

$11,599-64.8%

AICUO 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AICUO 401(K) 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