Retirement plan

THE SOUTHEASTERN CONFERENCE PENSION PLAN

Name: THE SOUTHEASTERN CONFERENCE - THE SOUTHEASTERN CONFERENCE PENSION PLAN (2023) Form 5500
Creator: THE SOUTHEASTERN CONFERENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SOUTHEASTERN CONFERENCE PENSION PLAN, THE SOUTHEASTERN CONFERENCE

THE SOUTHEASTERN CONFERENCEEIN 63-0377461Plan #002PY 2023

2201 RICHARD ARRINGTON JR BLVD N - BIRMINGHAM, AL 352031103205-458-3000secsports.comLinkedIn11-50 employeessports

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$12.8M

+19.6% from 2022

Total participants

+15.1% from 2022

Average account balance

$213,939

+5.7% from 2022

Annual return

9.75%

+24.30 pp from 2022

Benchmarks

See 4,415 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,415 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.39M

Not enough data

1 years with asset history on file

Average account balance

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

$301K

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.

141.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+11.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3822

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 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$58K

$1342 / participant

Other / not subdivided$58K100.0%

% of EOY assets

0.450%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$213,939

$46,534+359.7%

$64,097+233.8%

$75,177+184.6%

Participation rate

97.7%

65.9%+31.7pp

72.3%+25.4pp

67.2%+30.5pp

Annual return

9.75%

26.07%-16.3pp

33.75%-24.0pp

160.75%-151.0pp

Employer contribution / active EE

$20,874

$1,976+956.5%

$2,750+659.1%

$2,671+681.5%

Participant deferral / active EE

$4,725

$2,835+66.7%

$3,881+21.7%

$4,126+14.5%

Admin fee / account holder

$962

$2,957-67.5%

$3,070-68.7%

$5,651-83.0%

THE SOUTHEASTERN CONFERENCE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SOUTHEASTERN CONFERENCE PENSION 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