Retirement plan

GRACELAND COLLEGE CENTER 403(B) PLAN

Name: GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC. - GRACELAND COLLEGE CENTER 403(B) PLAN (2021) 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, GRACELAND COLLEGE CENTER 403(B) PLAN, GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC.

GRACELAND COLLEGE CTR FOR PROFESS. DEVELOP. & LIFELONG LEARNING, INC.EIN 43-1685651Plan #002PY 2021

6900 SQUIBB ROAD, SUITE 300 - MISSION, KS 66202913-748-5057LinkedIn201-500 employeesmotion pictures and film

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.2M

+5.2% from 2020

Total participants

307

+1.0% from 2020

Average account balance

$85,436

+2.2% from 2020

Annual return

13.38%

-0.41 pp from 2020

Benchmarks

See 3,972 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,972 peers

Snapshot2021

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4 years Service code 12 · EIN 13-3689044	Shareholder servicing fees; Account m...	$37,784
TWO WEST CAPITAL ADVISORS4 years Filed as: TWO WEST CAPITAL ADVISORS, LLC Service code 16 · EIN 27-3055170	Consulting	$34,992
NATIONAL FINANCIAL SERVICES3 years Service code 33	Securities brokerage commissions and ...	$0

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$73K

$743 / participant

Investment mgmt$35K48.1%
Other / not subdivided$38K51.9%

% of EOY assets

0.277%

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

$85,436

$53,841+58.7%

$75,731+12.8%

$85,851-0.5%

Participation rate

100.0%

69.0%+31.0pp

74.8%+25.2pp

69.3%+30.7pp

Annual return

13.38%

24.54%-11.2pp

104.65%-91.3pp

318.63%-305.3pp

Employer contribution / active EE

$1,337

$2,017-33.7%

$2,743-51.2%

$2,565-47.9%

Participant deferral / active EE

$5,209

$2,895+79.9%

$3,820+36.4%

$3,952+31.8%

Admin fee / account holder

$237

$3,340-92.9%

$3,620-93.5%

$6,261-96.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Service code 12 · EIN 13-3689044

Shareholder servicing fees; Account m...

$37,784

TWO WEST CAPITAL ADVISORS4 years

Filed as: TWO WEST CAPITAL ADVISORS, LLC

Service code 16 · EIN 27-3055170

Consulting

$34,992

NATIONAL FINANCIAL SERVICES3 years

Service code 33

Securities brokerage commissions and ...

GRACELAND COLLEGE CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRACELAND COLLEGE CENTER 403(B) 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