Retirement plan

THE BOB JONES UNIVERSITY RETIREMENT FUND

Name: BJU, INC. - THE BOB JONES UNIVERSITY RETIREMENT FUND (2018) 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 2018

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

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$57.7M

+6.5% from 2017

Total participants

1,560

+2.9% from 2017

Average account balance

$38,154

+4.5% from 2017

Annual return

7.48%

-2.83 pp from 2017

Benchmarks

See 265 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort265 peers

Snapshot2018

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.2+ years Service code 15 · EIN 91-0675641	Recordkeeping	$151,537
HORIZON INVESTMENTS, LLC1 year Filed as: HORIZON INVESTMENTS Service code 28 · EIN 58-2461603	Investment Management	$22,664
PRESIDIUM RETIREMENT ADVISERS2+ years Service code 28 · EIN 20-3375338	Investment Management	$21,789
MARTIN SMITH & COMPANY, CPAS1 year Service code 10 · EIN 26-0793942	Accounting	$6,200
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$5

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$202K

$168 / participant

Other / not subdivided$202K100.0%

% of EOY assets

0.350%

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

$38,154

$87,173-56.2%

$59,899-36.3%

$75,289-49.3%

Participation rate

96.0%

74.5%+21.5pp

74.7%+21.3pp

72.4%+23.6pp

Annual return

7.48%

-2.14%+9.6pp

3.46%+4.0pp

-0.04%+7.5pp

Employer contribution / active EE

$416

$3,473-88.0%

$2,723-84.7%

$2,405-82.7%

Participant deferral / active EE

$2,130

$3,379-37.0%

$3,402-37.4%

$3,739-43.0%

Admin fee / account holder

$134

$75+78.9%

$3,592-96.3%

$102+30.7%

Provider

Service type

Compensation

MILLIMAN, INC.2+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$151,537

HORIZON INVESTMENTS, LLC1 year

Filed as: HORIZON INVESTMENTS

Service code 28 · EIN 58-2461603

Investment Management

$22,664

PRESIDIUM RETIREMENT ADVISERS2+ years

Service code 28 · EIN 20-3375338

Investment Management

$21,789

MARTIN SMITH & COMPANY, CPAS1 year

Service code 10 · EIN 26-0793942

Accounting

$6,200

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

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