Retirement plan

COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN

Name: COLUMBIA INTERNATIONAL UNIVERSITY - COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN (2017) Form 5500
Creator: COLUMBIA INTERNATIONAL UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN, COLUMBIA INTERNATIONAL UNIVERSITY

COLUMBIA INTERNATIONAL UNIVERSITYEIN 57-0352247Plan #002PY 2017

7435 MONTICELLO ROAD - COLUMBIA, SC 29203803-754-4100ciu.eduLinkedIn201-500 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16M

+14.4% from 2016

Total participants

370

-6.3% from 2016

Average account balance

$44,412

+21.4% from 2016

Annual return

14.54%

+6.59 pp from 2016

Benchmarks

See 942 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort942 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.45M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

542

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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 1 by compensation

Provider	Service type	Compensation
VALIC RETIREMENT SERVICES COMPANY3+ years Service code 19 · EIN 51-0396365	Securities Custodian	$54,202

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

$54K

$184 / participant

Contract admin$54K100.0%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CAPIN CROUSE, LLP
Auditor EIN: 363990892
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,412

$74,552-40.4%

$63,018-29.5%

$69,631-36.2%

Participation rate

96.6%

78.3%+18.3pp

74.8%+21.8pp

70.7%+25.9pp

Annual return

14.54%

15.77%-1.2pp

87.62%-73.1pp

27571.02%-27556.5pp

Employer contribution / active EE

$1,852

$2,929-36.8%

$2,761-32.9%

$2,032-8.8%

Participant deferral / active EE

$1,810

$2,974-39.2%

$3,330-45.6%

$3,224-43.9%

Admin fee / account holder

$151

$59+153.4%

$3,601-95.8%

$110+36.3%

Provider

Service type

Compensation

VALIC RETIREMENT SERVICES COMPANY3+ years

Service code 19 · EIN 51-0396365

Securities Custodian

$54,202

COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLUMBIA INTERNATIONAL UNIVERSITY 401(K) 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