Retirement plan

UNIVERSITY OF VERMONT FOUNDATION 403(B) PLAN

Name: UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION, INC. - UNIVERSITY OF VERMONT FOUNDATION 403(B) PLAN (2024) Form 5500
Creator: UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF VERMONT FOUNDATION 403(B) PLAN, UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION, INC.

UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION, INC.dba UVM FOUNDATIONEIN 45-1556038Plan #001PY 2024

411 MAIN ST - BURLINGTON, VT 05401802-656-4728LinkedIn1-10 employeesmedical practice

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 27, 2015

Plan administrator

Plan administrator name— Sign in and upgrade to view

411 Main Street

Burlington State: VT Zip Code: 05401

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Plans declared (1)

UVM Foundation Deferred Compensation Plan10 emp

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Total assets (EOY)

$16.7M

+3.2% from 2023

Total participants

138

+3.8% from 2023

Average account balance

$121,005

-0.5% from 2023

Annual return

11.40%

-4.27 pp from 2023

Benchmarks

See 4,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,475 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.70M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

138

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$65

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 1 by compensation

Provider	Service type	Compensation
TIAA2 years Filed as: TIAA-TEACHERS INSURANCE AND ANNUITY Service code 72 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206	Other investment fees and expenses	$9,374

Plan features & details

Pension benefit codes2E2F2G2K2M2T3D

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.
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

$9K

$118 / participant

Contract admin$9K100.0%

% of EOY assets

0.054%

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: MCSOLEY MCCOY & CO
Auditor EIN: 030327374
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,005

$48,314+150.5%

$67,561+79.1%

$80,925+49.5%

Participation rate

100.0%

66.4%+33.6pp

72.9%+27.1pp

67.7%+32.3pp

Annual return

11.40%

18.28%-6.9pp

3525.44%-3514.0pp

35.65%-24.3pp

Employer contribution / active EE

$11,316

$2,022+459.7%

$2,735+313.8%

$2,756+310.6%

Participant deferral / active EE

$8,617

$2,927+194.4%

$4,003+115.3%

$4,299+100.5%

Admin fee / account holder

$65

$3,690-98.2%

$4,006-98.4%

$6,940-99.1%

Provider

Service type

Compensation

TIAA2 years

Filed as: TIAA-TEACHERS INSURANCE AND ANNUITY

Service code 72 · EIN 13-1624203

730 THIRD AVE · NEW YORK, NY 100173206

Other investment fees and expenses

$9,374

UNIVERSITY OF VERMONT FOUNDATION 403(B) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF VERMONT FOUNDATION 403(B) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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