Retirement plan

SKILLPATH RETIREMENT SAVINGS PLAN

Name: GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC. - SKILLPATH RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SKILLPATH RETIREMENT SAVINGS PLAN, GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC.

GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC.EIN 43-1685651Plan #002PY 2024

6900 SQUIBB ROAD, SUITE 300 - MISSION, KS 66202913-362-3900LinkedIn201-500 employeesmotion pictures and film

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$23.1M

+6.2% from 2023

Total participants

259

-3.7% from 2023

Average account balance

$92,226

+9.6% from 2023

Annual return

11.32%

-4.10 pp from 2023

Benchmarks

See 1,573 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,573 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.06M

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.

250

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$631K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$301

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
TWO WEST CAPITAL ADVISORS7 years Filed as: TWO WEST CAPITAL ADVISORS, LLC Service code 16 · EIN 27-3055170 1582 N 1060 ROAD · LAWRENCE, KS 66046	Consulting	$34,587
TIAA3 years Service code 12 · EIN 13-1624203 730 THIRD AVENUE · NEW YORK, NY 100173206	Investment management; Shareholder se...	$20,794
PENTEGRA SERVICES, INC.1 year Service code 14 · EIN 13-3745616 701 WESTCHESTER AVE, SUITE 320E · WHITE PLAINS, NY 106043027	Plan Administrator	$19,511

Plan features & details

Pension benefit codes2F2G2K2M2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

$75K

$752 / participant

Contract admin$75K100.1%

% of EOY assets

0.326%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBIN BROWN LLP
Auditor EIN: 430865316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,226

$69,708+32.3%

$67,560+36.5%

$74,478+23.8%

Participation rate

91.0%

71.4%+19.6pp

72.9%+18.1pp

67.2%+23.8pp

Annual return

11.32%

-40.67%+52.0pp

3533.50%-3522.2pp

1370.56%-1359.2pp

Employer contribution / active EE

$1,580

$2,715-41.8%

$2,737-42.3%

$2,626-39.8%

Participant deferral / active EE

$4,725

$3,637+29.9%

$4,004+18.0%

$4,350+8.6%

Admin fee / account holder

$301

$887-66.1%

$3,994-92.5%

$1,946-84.5%

Provider

Service type

Compensation

TWO WEST CAPITAL ADVISORS7 years

Filed as: TWO WEST CAPITAL ADVISORS, LLC

Service code 16 · EIN 27-3055170

1582 N 1060 ROAD · LAWRENCE, KS 66046

Consulting

$34,587

TIAA3 years

Service code 12 · EIN 13-1624203

730 THIRD AVENUE · NEW YORK, NY 100173206

Investment management; Shareholder se...

$20,794

PENTEGRA SERVICES, INC.1 year

Service code 14 · EIN 13-3745616

701 WESTCHESTER AVE, SUITE 320E · WHITE PLAINS, NY 106043027

Plan Administrator

$19,511

SKILLPATH RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SKILLPATH RETIREMENT SAVINGS 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