Retirement plan

403(B) THRIFT PLAN OF UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION

Name: UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION - 403(B) THRIFT PLAN OF UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION (2018) Form 5500
Creator: UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION, UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION

UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATIONEIN 72-6023836Plan #001PY 2018

705 E SAINT MARY BLVD - LAFAYETTE, LA 705032331337-482-0700LinkedIn11-50 employeesfund-raising

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$217K

-49.8% from 2017

Total participants

-29.4% from 2017

Average account balance

$18,070

-66.6% from 2017

Annual return

8894.25%

+8877.43 pp from 2017

Benchmarks

See 33,727 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,727 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.24M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

183.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1907

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 codes2F2S2T3D

Plan features

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$255K

$21291 / participant

Other / not subdivided$255K100.0%

% of EOY assets

117.826%

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

$18,070

$90,606-80.1%

$79,466-77.3%

$135,379-86.7%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

8894.25%

977.69%+7916.6pp

718.28%+8176.0pp

519.79%+8374.5pp

Employer contribution / active EE

$2,106

$3,068-31.3%

$2,800-24.8%

$4,779-55.9%

Participant deferral / active EE

$2,851

$4,050-29.6%

$3,704-23.0%

$5,609-49.2%

Admin fee / account holder

$21,291

$5,895+261.2%

$5,104+317.1%

$10,828+96.6%

403(B) THRIFT PLAN OF UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF UNIVERSITY OF LOUISIANA AT LAFAYETTE FOUNDATION

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