Retirement plan

THE UNIVERSITY OF ARIZONA FOUNDATION 401(K) PLAN

Name: UNIVERSITY OF ARIZONA FOUNDATION - THE UNIVERSITY OF ARIZONA FOUNDATION 401(K) PLAN (2022) Form 5500
Creator: UNIVERSITY OF ARIZONA FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE UNIVERSITY OF ARIZONA FOUNDATION 401(K) PLAN, UNIVERSITY OF ARIZONA FOUNDATION

UNIVERSITY OF ARIZONA FOUNDATIONEIN 86-6050388Plan #100PY 2022

1111 N. CHERRY AVENUE - TUCSON, AZ 85719520-621-5590uafoundation.orgLinkedIn201-500 employeesfund-raising

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$8.4M

-14.8% from 2021

Total participants

123

+24.2% from 2021

Average account balance

$74,763

-30.8% from 2021

Annual return

-12.91%

-24.48 pp from 2021

Benchmarks

See 1,479 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,479 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.34M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

157

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28

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

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 codes2E2F2G2J3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$11411 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.127%

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

$74,763

$60,989+22.6%

$60,919+22.7%

$66,949+11.7%

Participation rate

90.1%

74.5%+15.6pp

73.1%+17.0pp

69.8%+20.3pp

Annual return

-12.91%

-9.60%-3.3pp

16.96%-29.9pp

1.57%-14.5pp

Employer contribution / active EE

$4,576

$2,661+72.0%

$2,704+69.3%

$2,545+79.8%

Participant deferral / active EE

$5,164

$3,615+42.8%

$3,814+35.4%

$4,239+21.8%

Admin fee / account holder

$11,309

$338+3241.4%

$3,228+250.4%

$594+1805.3%

THE UNIVERSITY OF ARIZONA FOUNDATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE UNIVERSITY OF ARIZONA FOUNDATION 401(K) 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