Retirement plan

COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN

Name: COLUMBIA INTERNATIONAL UNIVERSITY - COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN (2019) 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 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20M

+23.0% from 2018

Total participants

434

+4.8% from 2018

Average account balance

$47,218

+17.8% from 2018

Annual return

20.83%

+23.32 pp from 2018

Benchmarks

See 946 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort946 peers

Snapshot2019

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 COMPANY5+ years Service code 19 · EIN 51-0396365	Securities Custodian	$60,189

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

$60K

$178 / participant

Contract admin$60K100.0%

% of EOY assets

0.301%

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

$47,218

$95,542-50.6%

$69,483-32.0%

$67,582-30.1%

Participation rate

97.0%

79.4%+17.7pp

74.6%+22.4pp

71.3%+25.8pp

Annual return

20.83%

17.67%+3.2pp

28.99%-8.2pp

378.57%-357.7pp

Employer contribution / active EE

$2,536

$2,989-15.2%

$2,780-8.8%

$2,148+18.1%

Participant deferral / active EE

$2,565

$3,263-21.4%

$3,537-27.5%

$3,539-27.5%

Admin fee / account holder

$142

$90+58.0%

$3,841-96.3%

$142-0.2%

Provider

Service type

Compensation

VALIC RETIREMENT SERVICES COMPANY5+ years

Service code 19 · EIN 51-0396365

Securities Custodian

$60,189

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