Retirement plan

CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING PLAN

Name: CALIFORNIA NORTHSTATE UNIVERSITY LLC - CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: CALIFORNIA NORTHSTATE UNIVERSITY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING PLAN, CALIFORNIA NORTHSTATE UNIVERSITY LLC

CALIFORNIA NORTHSTATE UNIVERSITY LLCEIN 90-0781371Plan #001PY 2017

9700 WEST TARON DRIVE - ELK GROVE, CA 957570000916-686-7400cnsu.eduLinkedIn201-500 employeeshigher education

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$4.1M

+13.8% from 2016

Total participants

224

+15.5% from 2016

Average account balance

$22,639

-0.1% from 2016

Annual return

10.83%

+11.22 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.76M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

339

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.

49.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$309

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 1 by compensation

Provider	Service type	Compensation
EXCHANGE BANK1 year Service code 13 · EIN 94-0463800	Contract Administrator	$30,558

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$31K

$208 / participant

Investment mgmt$31K100.0%

% of EOY assets

0.750%

all-in expense ratio

Categories reported

1 / 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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,639

$57,976-61.0%

$63,018-64.1%

$62,293-63.7%

Participation rate

70.1%

75.9%-5.9pp

74.8%-4.7pp

69.5%+0.6pp

Annual return

10.83%

17.54%-6.7pp

87.62%-76.8pp

28.90%-18.1pp

Employer contribution / active EE

$1,981

$2,415-18.0%

$2,761-28.2%

$2,042-3.0%

Participant deferral / active EE

$4,417

$2,956+49.4%

$3,330+32.6%

$3,169+39.4%

Admin fee / account holder

$170

$276-38.4%

$3,601-95.3%

$479-64.6%

Provider

Service type

Compensation

EXCHANGE BANK1 year

Service code 13 · EIN 94-0463800

Contract Administrator

$30,558

CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING 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