Retirement plan

UNIVERSITY RESEARCH CO., LLC EMPLOYEE RETIREMENT PLAN

Name: UNIVERSITY RESEARCH CO., LLC - UNIVERSITY RESEARCH CO., LLC EMPLOYEE RETIREMENT PLAN (2024) Form 5500
Creator: UNIVERSITY RESEARCH CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY RESEARCH CO., LLC EMPLOYEE RETIREMENT PLAN, UNIVERSITY RESEARCH CO., LLC

UNIVERSITY RESEARCH CO., LLCEIN 52-0939806Plan #001PY 2024

5404 WISCONSIN AVENUE, SUITE 900 - CHEVY CHASE, MD 20815301-941-8624LinkedIn1-10 employeese-learning

Prospect flagsHigh feesFailed to provide benefit

How to read this page

Total assets (EOY)

$46.6M

+16.2% from 2023

Total participants

402

+15.9% from 2023

Average account balance

$117,579

+1.5% from 2023

Annual return

16.16%

+0.08 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.56M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

396

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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
THE LUTS AND GREENLEIGH GROUP5 years Service code 27 · EIN 45-5561109	Advisory (Plan)	$83,103
RUBINO & COMPANY10+ years Filed as: RUBINO & MCGEEHIN, CHARTERED Service code 10 · EIN 52-1186096	Accounting	$24,000
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$20,268

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$127K

$844 / participant

Recordkeeping$20K15.9%
Investment mgmt$83K65.2%
Other / not subdivided$24K18.8%

% of EOY assets

0.274%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RUBINO AND COMPANY
Auditor EIN: 521186096
Audit fees: $24,000
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,579

$101,653+15.7%

$147,080-20.1%

$74,459+57.9%

Participation rate

96.0%

75.6%+20.5pp

82.2%+13.8pp

67.2%+28.8pp

Annual return

16.16%

8754.98%-8738.8pp

420.17%-404.0pp

1369.70%-1353.5pp

Employer contribution / active EE

$4,626

$3,813+21.3%

$4,933-6.2%

$2,626+76.2%

Participant deferral / active EE

$9,077

$7,304+24.3%

$8,066+12.5%

$4,350+108.7%

Admin fee / account holder

$322

$1,752-81.6%

$12,989-97.5%

$1,945-83.5%

Provider

Service type

Compensation

THE LUTS AND GREENLEIGH GROUP5 years

Service code 27 · EIN 45-5561109

Advisory (Plan)

$83,103

RUBINO & COMPANY10+ years

Filed as: RUBINO & MCGEEHIN, CHARTERED

Service code 10 · EIN 52-1186096

Accounting

$24,000

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$20,268

UNIVERSITY RESEARCH CO., LLC EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY RESEARCH CO., LLC EMPLOYEE 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