Retirement plan

UNIVERSITY OF VIRGINIA FOUNDATION DEFINED CONTRIBUTION PLAN

Name: UNIVERSITY OF VIRGINIA FOUNDATION - UNIVERSITY OF VIRGINIA FOUNDATION DEFINED CONTRIBUTION PLAN (2018) Form 5500
Creator: UNIVERSITY OF VIRGINIA FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF VIRGINIA FOUNDATION DEFINED CONTRIBUTION PLAN, UNIVERSITY OF VIRGINIA FOUNDATION

UNIVERSITY OF VIRGINIA FOUNDATIONEIN 54-1682176Plan #001PY 2018

P.O. BOX 400218 - CHARLOTTESVILLE, VA 22904434-982-4847uvafoundation.comLinkedIn11-50 employeesreal estate

Other plans on this EIN

1 filing

#003Retirement-$1.3M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.3M

-1.7% from 2017

Total participants

-4.2% from 2017

Average account balance

$252,215

+4.8% from 2017

Annual return

-4.37%

-20.23 pp from 2017

Benchmarks

See 3,521 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.07M

Not enough data

1 years with asset history on file

Average account balance

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

$471K

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.

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.

136.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6564

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$392K

$13066 / participant

Other / not subdivided$392K100.0%

% of EOY assets

3.454%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$252,215

$56,484+346.5%

$169,452+48.8%

$64,173+293.0%

Participation rate

96.7%

64.5%+32.1pp

77.8%+18.9pp

69.6%+27.1pp

Annual return

-4.37%

-1.55%-2.8pp

1.83%-6.2pp

7.63%-12.0pp

Employer contribution / active EE

$14,053

$1,832+666.9%

$4,157+238.1%

$2,381+490.2%

Participant deferral / active EE

$9,132

$3,448+164.9%

$5,277+73.1%

$3,470+163.2%

Admin fee / account holder

$8,711

$4,174+108.7%

$9,110-4.4%

$4,887+78.2%

UNIVERSITY OF VIRGINIA FOUNDATION DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF VIRGINIA FOUNDATION DEFINED CONTRIBUTION 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