Retirement plan

SPERTUS COLLEGE OF JUDAICA SUPPLEMENTAL RETIREMENT TIAA-CREF

Name: SPERTUS COLLEGE OF JUDAICA - SPERTUS COLLEGE OF JUDAICA SUPPLEMENTAL RETIREMENT TIAA-CREF (2016) Form 5500
Creator: SPERTUS COLLEGE OF JUDAICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPERTUS COLLEGE OF JUDAICA SUPPLEMENTAL RETIREMENT TIAA-CREF, SPERTUS COLLEGE OF JUDAICA

SPERTUS COLLEGE OF JUDAICAdba SPERTUS INSTITUTE FOR JEWISH LEARNING AND LEADERSHIPEIN 36-2662739Plan #002PY 2016

610 S MICHIGAN AVE - CHICAGO, IL 606051901312-322-1733LinkedIn51-200 employeescivic & social organization

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.6M

No prior year

Total participants

No prior year

Average account balance

$49,140

No prior year

Annual return

1.08%

No prior year

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.34M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

148.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$207K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12788

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 codes2F2G2L2T3D

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$175K

$5655 / participant

Other / not subdivided$175K100.0%

% of EOY assets

6.731%

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

$49,140

$48,078+2.2%

$78,676-37.5%

$62,881-21.9%

Participation rate

90.3%

65.2%+25.1pp

73.6%+16.8pp

69.3%+21.0pp

Annual return

1.08%

31.36%-30.3pp

62.19%-61.1pp

20.14%-19.1pp

Employer contribution / active EE

$1,012

$2,015-49.8%

$2,850-64.5%

$2,281-55.6%

Participant deferral / active EE

$5,832

$2,587+125.4%

$3,517+65.8%

$3,203+82.1%

Admin fee / account holder

$3,308

$3,206+3.2%

$4,510-26.7%

$4,296-23.0%

SPERTUS COLLEGE OF JUDAICA SUPPLEMENTAL RETIREMENT TIAA-CREF

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPERTUS COLLEGE OF JUDAICA SUPPLEMENTAL RETIREMENT TIAA-CREF

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