Retirement plan

UNIVERSITY SHOPS OF CLEMSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: UNIVERSITY SHOPS OF CLEMSON, INC. - UNIVERSITY SHOPS OF CLEMSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: UNIVERSITY SHOPS OF CLEMSON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY SHOPS OF CLEMSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST, UNIVERSITY SHOPS OF CLEMSON, INC.

UNIVERSITY SHOPS OF CLEMSON, INC.EIN 61-1029092Plan #001PY 2023

380 COLLEGE AVENUE - CLEMSON, SC 296311431864-654-4484

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$2.7M

+21.2% from 2022

Total participants

0.0% from 2022

Average account balance

$117,286

+21.2% from 2022

Annual return

19.06%

+34.76 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.13M

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

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.

766.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J3D

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).
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.
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

1 tripped

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,286

$102,663+14.2%

$86,216+36.0%

$139,466-15.9%

Participation rate

100.0%

74.5%+25.5pp

69.0%+31.0pp

80.3%+19.7pp

Annual return

19.06%

1924.52%-1905.5pp

1169.42%-1150.4pp

373.66%-354.6pp

Employer contribution / active EE

$5,667

$3,035+86.7%

$2,382+137.9%

$4,754+19.2%

Participant deferral / active EE

$10,000

$4,677+113.8%

$3,986+150.9%

$6,712+49.0%

Admin fee / account holder

$8,663-100.0%

$6,853-100.0%

$11,409-100.0%

UNIVERSITY SHOPS OF CLEMSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

UNIVERSITY SHOPS OF CLEMSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion