Retirement plan

UNIVERSITY AT BUFFALO SURGEONS, INC. RETIREMENT PLAN

Name: UNIVERSITY AT BUFFALO SURGEONS, INC - UNIVERSITY AT BUFFALO SURGEONS, INC. RETIREMENT PLAN (2024) Form 5500
Creator: UNIVERSITY AT BUFFALO SURGEONS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY AT BUFFALO SURGEONS, INC. RETIREMENT PLAN, UNIVERSITY AT BUFFALO SURGEONS, INC

UNIVERSITY AT BUFFALO SURGEONS, INCEIN 80-0033443Plan #001PY 2024

DAVID MILLER BUILDING, 462 GRIDER STREET - BUFFALO, NY 14215716-228-5730buffalo.campuslabs.com/engage/organization/ub-esportsLinkedIn1-10 employeescomputer games

Other plans on this EIN

1 filing

#003Retirement-$10.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$32.6M

+9.7% from 2023

Total participants

166

+7.8% from 2023

Average account balance

$222,100

-0.0% from 2023

Annual return

12.99%

-5.12 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.65M

Not enough data

1 years with asset history on file

Average account balance

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

$222K

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.

147

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$759

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 3 by compensation

Provider	Service type	Compensation
TRG ADVISORS, INC.1 year Filed as: TRG ADVISORS, INC Service code 26 8470 ENTERPRISE CIRCLE · LAKEWOOD RANCH, FL 34202	Advisory (Participants)	$50,564
AT RETIREMENT SERVICES, LLC1 year Filed as: AT RETIREMENT SERVICES Service code 14 · EIN 83-3455979	Plan Administrator	$45,330
AMERICANTCS FIDUCIARY SERVICES, LLC1 year Service code 24 · EIN 93-2789379 1251 WATERFRONT PL. STE. 510 · PITTSBURGH, PA 15222	Discretionary Trustee	$15,639

Plan features & details

Pension benefit codes2A2E2F2G2T3D

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).
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.
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

$112K

$892 / participant

Other / not subdivided$112K100.0%

% of EOY assets

0.342%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHIAMPOU TRAVIS BESAW & KERSHNER
Auditor EIN: 161468002
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$222,100

$55,446+300.6%

$155,574+42.8%

$74,429+198.4%

Participation rate

84.8%

61.9%+22.9pp

78.2%+6.6pp

67.2%+17.6pp

Annual return

12.99%

269.20%-256.2pp

64.87%-51.9pp

1368.38%-1355.4pp

Employer contribution / active EE

$14,793

$2,266+552.8%

$4,676+216.4%

$2,625+463.6%

Participant deferral / active EE

$2,836-100.0%

$5,629-100.0%

$4,348-100.0%

Admin fee / account holder

$759

$1,743-56.5%

$15,914-95.2%

$1,944-61.0%

Provider

Service type

Compensation

TRG ADVISORS, INC.1 year

Filed as: TRG ADVISORS, INC

Service code 26

8470 ENTERPRISE CIRCLE · LAKEWOOD RANCH, FL 34202

Advisory (Participants)

$50,564

AT RETIREMENT SERVICES, LLC1 year

Filed as: AT RETIREMENT SERVICES

Service code 14 · EIN 83-3455979

Plan Administrator

$45,330

AMERICANTCS FIDUCIARY SERVICES, LLC1 year

Service code 24 · EIN 93-2789379

1251 WATERFRONT PL. STE. 510 · PITTSBURGH, PA 15222

Discretionary Trustee

$15,639

UNIVERSITY AT BUFFALO SURGEONS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY AT BUFFALO SURGEONS, INC. RETIREMENT 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