Retirement plan

THE BOB JONES UNIVERSITY RETIREMENT FUND

Name: BJU, INC. - THE BOB JONES UNIVERSITY RETIREMENT FUND (2017) Form 5500
Creator: BJU, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BOB JONES UNIVERSITY RETIREMENT FUND, BJU, INC.

BJU, INC.EIN 57-1088101Plan #002PY 2017

1700 WADE HAMPTON BLVD - GREENVILLE, SC 29614864-242-5100

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$54.2M

No prior year

Total participants

1,516

No prior year

Average account balance

$36,528

No prior year

Annual return

10.31%

No prior year

Benchmarks

See 251 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort251 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$86.83M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

1,667

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.22M

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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 3 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.1+ years Service code 15 · EIN 91-0675641	Recordkeeping	$143,202
PRESIDIUM RETIREMENT ADVISERS1+ years Service code 28 · EIN 20-3375338	Investment Management	$40,992
MARTIN SMITH & COMPANY, CPAS1+ years Filed as: MARTIN SMITH & COMPANY CPAS PA Service code 10 · EIN 26-0793942	Accounting	$6,200

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$190K

$166 / participant

Other / not subdivided$190K100.0%

% of EOY assets

0.351%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MARTIN SMITH & COMPANY
Auditor EIN: 260793942
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,528

$92,091-60.3%

$63,018-42.0%

$77,958-53.1%

Participation rate

97.1%

74.5%+22.7pp

74.8%+22.3pp

71.6%+25.5pp

Annual return

10.31%

16.23%-5.9pp

87.62%-77.3pp

20.87%-10.6pp

Employer contribution / active EE

$398

$3,424-88.4%

$2,761-85.6%

$2,310-82.8%

Participant deferral / active EE

$1,863

$3,361-44.6%

$3,330-44.0%

$3,537-47.3%

Admin fee / account holder

$128

$48+167.9%

$3,601-96.4%

$97+31.8%

Provider

Service type

Compensation

MILLIMAN, INC.1+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$143,202

PRESIDIUM RETIREMENT ADVISERS1+ years

Service code 28 · EIN 20-3375338

Investment Management

$40,992

MARTIN SMITH & COMPANY, CPAS1+ years

Filed as: MARTIN SMITH & COMPANY CPAS PA

Service code 10 · EIN 26-0793942

Accounting

$6,200

THE BOB JONES UNIVERSITY RETIREMENT FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BOB JONES UNIVERSITY RETIREMENT FUND

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