Retirement plan

BELLARMINE UNIVERSITY TAX DEFERRED ANNUITY PLAN

Name: BELLARMINE UNIVERSITY - BELLARMINE UNIVERSITY TAX DEFERRED ANNUITY PLAN (2021) Form 5500
Creator: BELLARMINE UNIVERSITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLARMINE UNIVERSITY TAX DEFERRED ANNUITY PLAN, BELLARMINE UNIVERSITY

BELLARMINE UNIVERSITYEIN 61-0482955Plan #002PY 2021

2001 NEWBURG RD - LOUISVILLE, KY 40205502-272-8435bellarmine.eduLinkedIn501-1000 employeeshigher education

Other plans on this EIN

1 filing

#001Retirement-$109.4M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$32M

+9.9% from 2020

Total participants

651

+2.2% from 2020

Average account balance

$64,118

+10.1% from 2020

Annual return

15.66%

+0.98 pp from 2020

Benchmarks

See 922 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort922 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.24M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

467

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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 2 by compensation

Provider	Service type	Compensation
WEALTHMD CORPORATION7+ years Service code 26 · EIN 20-4720045	Advisory (Participants)	$15,921
TIAA6 years Service code 15 · EIN 13-1624203	Recordkeeping	$1,048

Plan features & details

Pension benefit codes2G2A2M2R2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$19K

$41 / participant

Investment mgmt$18K94.5%
Other / not subdivided$1K5.5%

% of EOY assets

0.061%

all-in expense ratio

Categories reported

1 / 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: DEAN DORTON ALLEN FORD, PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,118

$94,833-32.4%

$75,717-15.3%

$86,813-26.1%

Participation rate

68.1%

79.1%-11.0pp

74.8%-6.7pp

72.3%-4.2pp

Annual return

15.66%

16.91%-1.3pp

104.58%-88.9pp

97.93%-82.3pp

Employer contribution / active EE

$2,904-100.0%

$2,743-100.0%

$2,406-100.0%

Participant deferral / active EE

$2,840

$3,632-21.8%

$3,821-25.7%

$4,131-31.3%

Admin fee / account holder

$39

$109-64.1%

$3,619-98.9%

$170-77.0%

Provider

Service type

Compensation

WEALTHMD CORPORATION7+ years

Service code 26 · EIN 20-4720045

Advisory (Participants)

$15,921

TIAA6 years

Service code 15 · EIN 13-1624203

Recordkeeping

$1,048

BELLARMINE UNIVERSITY TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLARMINE UNIVERSITY TAX DEFERRED ANNUITY 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