Retirement plan

UNIVERSITY OF VIRGINIA FOUNDATION DC CONTRIBUTORY PLAN

Name: UNIVERSITY OF VIRGINIA FOUNDATION - UNIVERSITY OF VIRGINIA FOUNDATION DC CONTRIBUTORY PLAN (2020) Form 5500
Creator: UNIVERSITY OF VIRGINIA FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF VIRGINIA FOUNDATION DC CONTRIBUTORY PLAN, UNIVERSITY OF VIRGINIA FOUNDATION

UNIVERSITY OF VIRGINIA FOUNDATIONEIN 54-1682176Plan #003PY 2020

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

Other plans on this EIN

1 filing

#001Retirement-$15.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-30.7% from 2019

Total participants

0.0% from 2019

Average account balance

$134,552

-22.0% from 2019

Annual return

7.92%

-9.63 pp from 2019

Benchmarks

See 16,000 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort16,000 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.42%

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

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 codes2F2G2J2L3D

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.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$650K

$72226 / participant

Other / not subdivided$650K100.0%

% of EOY assets

60.388%

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

$134,552

$228,395-41.1%

$185,861-27.6%

$158,982-15.4%

Participation rate

88.9%

82.3%+6.6pp

78.0%+10.8pp

82.0%+6.9pp

Annual return

7.92%

40.82%-32.9pp

35.96%-28.0pp

302.99%-295.1pp

Employer contribution / active EE

$1,677

$4,968-66.2%

$4,088-59.0%

$4,763-64.8%

Participant deferral / active EE

$4,010

$6,417-37.5%

$5,634-28.8%

$5,983-33.0%

Admin fee / account holder

$81,254

$11,869+584.6%

$9,503+755.0%

$11,252+622.2%

UNIVERSITY OF VIRGINIA FOUNDATION DC CONTRIBUTORY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF VIRGINIA FOUNDATION DC CONTRIBUTORY 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