Retirement plan

ROSEMAN UNIVERSITY OF HEALTH SCIENCES DEFINED CONTRIBUTION PLAN

Name: ROSEMAN UNIVERSITY OF HEALTH SCIENCES - ROSEMAN UNIVERSITY OF HEALTH SCIENCES DEFINED CONTRIBUTION PLAN (2023) Form 5500
Creator: ROSEMAN UNIVERSITY OF HEALTH SCIENCES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROSEMAN UNIVERSITY OF HEALTH SCIENCES DEFINED CONTRIBUTION PLAN, ROSEMAN UNIVERSITY OF HEALTH SCIENCES

ROSEMAN UNIVERSITY OF HEALTH SCIENCESEIN 88-0435559Plan #001PY 2023

11 SUNSET WAY - HENDERSON, NV 89014702-968-1616roseman.eduLinkedIn201-500 employeeshigher education

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$71.5M

+18.1% from 2022

Total participants

803

-4.5% from 2022

Average account balance

$96,817

+24.3% from 2022

Annual return

16.76%

+31.56 pp from 2022

Benchmarks

See 964 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort964 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$82.62M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

783

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.

83.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.79M

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

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$192

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS9+ years Service code 12 · EIN 13-3689044	Claims processing; Participant loan p...	$75,645
SAGEVIEW ADVISORY GROUP, LLC6 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 16 · EIN 33-0818667	Consulting	$37,620
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318	Accounting	$23,625
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2L2M2T2G

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$138K

$252 / participant

Recordkeeping$76K54.9%
Investment mgmt$38K27.3%
Contract admin$9260.7%
Other / not subdivided$24K17.1%

% of EOY assets

0.193%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: $23,625
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,817

$83,884+15.4%

$64,101+51.0%

$74,460+30.0%

Participation rate

88.3%

76.6%+11.7pp

72.3%+16.0pp

70.7%+17.6pp

Annual return

16.76%

16.57%+0.2pp

33.72%-17.0pp

34.38%-17.6pp

Employer contribution / active EE

$5,317

$3,084+72.4%

$2,749+93.5%

$2,638+101.6%

Participant deferral / active EE

$6,431

$3,692+74.2%

$3,881+65.7%

$4,530+42.0%

Admin fee / account holder

$186

$196-4.9%

$3,070-93.9%

$348-46.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9+ years

Service code 12 · EIN 13-3689044

Claims processing; Participant loan p...

$75,645

SAGEVIEW ADVISORY GROUP, LLC6 years

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 16 · EIN 33-0818667

Consulting

$37,620

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

Accounting

$23,625

NATIONAL FINANCIAL SERVICES9+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

ROSEMAN UNIVERSITY OF HEALTH SCIENCES DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROSEMAN UNIVERSITY OF HEALTH SCIENCES DEFINED CONTRIBUTION 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