Retirement plan

COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN

Name: COLUMBIA INTERNATIONAL UNIVERSITY - COLUMBIA INTERNATIONAL UNIVERSITY 401(K) PLAN (2023) 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 2023

7435 MONTICELLO ROAD - COLUMBIA, SC 29203803-807-5025ciu.eduLinkedIn201-500 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.7M

+15.1% from 2022

Total participants

545

-5.9% from 2022

Average account balance

$50,258

+9.0% from 2022

Annual return

15.74%

+29.00 pp from 2022

Benchmarks

See 964 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort964 peers

Snapshot2023

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 COMPANY9+ years Service code 19 · EIN 51-0396365	Securities Custodian	$87,484

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

$87K

$210 / participant

Contract admin$87K100.0%

% of EOY assets

0.328%

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

$50,258

$83,884-40.1%

$64,097-21.6%

$74,473-32.5%

Participation rate

96.6%

76.6%+20.0pp

72.3%+24.3pp

70.7%+25.9pp

Annual return

15.74%

16.57%-0.8pp

33.75%-18.0pp

34.36%-18.6pp

Employer contribution / active EE

$2,551

$3,084-17.3%

$2,750-7.2%

$2,638-3.3%

Participant deferral / active EE

$2,492

$3,692-32.5%

$3,881-35.8%

$4,530-45.0%

Admin fee / account holder

$165

$196-16.0%

$3,070-94.6%

$347-52.5%

Provider

Service type

Compensation

VALIC RETIREMENT SERVICES COMPANY9+ years

Service code 19 · EIN 51-0396365

Securities Custodian

$87,484

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