Retirement plan

SURA/JEFFERSON SCIENCE ASSOCIATES 401(K) PLAN

Name: SOUTHEASTERN UNIVERSITIES RESEARCH ASSOCIATION, INC. (SURA) - SURA/JEFFERSON SCIENCE ASSOCIATES 401(K) PLAN (2024) Form 5500
Creator: SOUTHEASTERN UNIVERSITIES RESEARCH ASSOCIATION, INC. (SURA)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SURA/JEFFERSON SCIENCE ASSOCIATES 401(K) PLAN, SOUTHEASTERN UNIVERSITIES RESEARCH ASSOCIATION, INC. (SURA)

SOUTHEASTERN UNIVERSITIES RESEARCH ASSOCIATION, INC. (SURA)EIN 54-1156453Plan #003PY 2024

1201 NEW YORK AVE. NW - WASHINGTON, DC 200056134202-384-3189

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 5, 2023

Plan administrator

Plan administrator name— Sign in and upgrade to view

1201 New York Ave NW

Washington, DC 20005

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Plans declared (1)

SURA/JSA 457(b) Deferred Compensation Plan880 emp

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Total assets (EOY)

$324M

-13.4% from 2016

Total participants

1,548

-2.6% from 2016

Average account balance

$211,601

-11.2% from 2016

Annual return

15.40%

-4.23 pp from 2016

Benchmarks

See 308 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort308 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$323.96M

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

1,531

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+15.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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 2 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 26 P.O. BOX 896952 · CHARLOTTE, NC 282896952	Advisory (Participants)	$101,500
TIAA10+ years Service code 15 · EIN 13-1624203	Recordkeeping	$14,916

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$117K

$106 / participant

Recordkeeping$7K5.7%
Investment mgmt$102K86.6%
Contract admin$8K7.0%
Other / not subdivided$7530.6%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$211,601

$113,568+86.3%

$67,560+213.2%

$200,096+5.7%

Participation rate

98.5%

73.3%+25.1pp

72.9%+25.5pp

72.0%+26.4pp

Annual return

15.40%

15.88%-0.5pp

3533.50%-3518.1pp

34.26%-18.9pp

Employer contribution / active EE

$8,913

$3,409+161.5%

$2,737+225.7%

$3,038+193.4%

Participant deferral / active EE

$7,840

$4,163+88.3%

$4,004+95.8%

$5,090+54.0%

Admin fee / account holder

$77

$102-25.3%

$3,994-98.1%

$269-71.6%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC2 years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 26

P.O. BOX 896952 · CHARLOTTE, NC 282896952

Advisory (Participants)

$101,500

TIAA10+ years

Service code 15 · EIN 13-1624203

Recordkeeping

$14,916

SURA/JEFFERSON SCIENCE ASSOCIATES 401(K) 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

SURA/JEFFERSON SCIENCE ASSOCIATES 401(K) 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