Retirement plan

THE GEORGE WASHINGTON UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF

Name: THE GEORGE WASHINGTON UNIVERSITY - THE GEORGE WASHINGTON UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF (2019) Form 5500
Creator: THE GEORGE WASHINGTON UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GEORGE WASHINGTON UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF, THE GEORGE WASHINGTON UNIVERSITY

THE GEORGE WASHINGTON UNIVERSITYEIN 53-0196584Plan #001PY 2019

45155 RESEARCH PLACE, SUITE 160 - ASHBURN, VA 20147571-553-8397

Other plans on this EIN

1 filing

#003Retirement-$1.31B assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed November 30, 2014 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

2121 I Street, N.W., 8th Floor

Washington State: DC Zip Code: 20052

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Plans declared (1)

The George Washington University School of Business Voluntary Separation Incentive Plan24 emp

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Total assets (EOY)

$1089.1M

-5.8% from 2016

Total participants

14,534

-1.1% from 2016

Average account balance

$74,936

-4.8% from 2016

Annual return

18.08%

-4.94 pp from 2016

Benchmarks

See 266 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort266 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45B

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

13,586

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

$43.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
CAMMACK LARHETTE ADVISORS2 years Service code 16 · EIN 20-4668732	Consulting	$12,935
COASTAL PENSION SERVICES1 year Filed as: COASTAL PENSION SERVICES, INC Service code 13 · EIN 52-1053785	Contract Administrator	$5,275
PRICEWATERHOUSECOOPERS LLP5+ years Filed as: PRICEWATERHOUSE COOPERS, LLC Service code 10 · EIN 13-4008324	Accounting	$2,305
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2C2F2G2K

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$7K

$2 / participant

Contract admin$7K100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 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: GRANT THORNTON, LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,936

$204,517-63.4%

$69,480+7.9%

$77,775-3.6%

Participation rate

100.0%

74.6%+25.4pp

73.2%+26.8pp

Annual return

18.08%

22.10%-4.0pp

28.99%-10.9pp

32.58%-14.5pp

Employer contribution / active EE

$9,390

$3,548+164.7%

$2,780+237.8%

$2,504+275.0%

Participant deferral / active EE

$3,478-100.0%

$3,537-100.0%

$3,966-100.0%

Admin fee / account holder

$101-99.5%

$3,840-100.0%

$100-99.5%

Provider

Service type

Compensation

CAMMACK LARHETTE ADVISORS2 years

Service code 16 · EIN 20-4668732

Consulting

$12,935

COASTAL PENSION SERVICES1 year

Filed as: COASTAL PENSION SERVICES, INC

Service code 13 · EIN 52-1053785

Contract Administrator

$5,275

PRICEWATERHOUSECOOPERS LLP5+ years

Filed as: PRICEWATERHOUSE COOPERS, LLC

Service code 10 · EIN 13-4008324

Accounting

$2,305

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

THE GEORGE WASHINGTON UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF

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

THE GEORGE WASHINGTON UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF

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