Retirement plan

LEWIS & CLARK COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN

Name: LEWIS & CLARK COLLEGE - LEWIS & CLARK COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN (2024) Form 5500
Creator: LEWIS & CLARK COLLEGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS & CLARK COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN, LEWIS & CLARK COLLEGE

LEWIS & CLARK COLLEGEEIN 93-0386858Plan #001PY 2024

615 S PALATINE HILL ROAD - PORTLAND, OR 972198091503-768-6237lclark.eduLinkedIn201-500 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$337.2M

-6.7% from 2016

Total participants

1,663

-1.5% from 2016

Average account balance

$203,765

-5.3% from 2016

Annual return

11.98%

-5.29 pp from 2016

Benchmarks

See 950 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort950 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$337.23M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

1,655

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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
TIAA9 years Service code 15 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206	Recordkeeping	$82,776
MULTNOMAH GROUP2 years Filed as: MULTNOMAH GROUP INC Service code 16 · EIN 20-0361079 111 SW 5TH AVENUE SUITE 4000 · PORTLAND, OR 972043643	Consulting	$48,031
BAKER TILLY US, LLP4 years Service code 10 · EIN 30-1413443 PO BOX 7398 · MADISON, WI 537077398	Accounting	$14,625

Plan features & details

Pension benefit codes2F2G2L2M2T

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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$145K

$180 / participant

Recordkeeping$83K56.9%
Investment mgmt$48K33.0%
Other / not subdivided$15K10.1%

% of EOY assets

0.043%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $14,625
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$203,765

$91,710+122.2%

$67,560+201.6%

$77,762+162.0%

Participation rate

99.0%

76.0%+23.0pp

72.9%+26.1pp

70.6%+28.4pp

Annual return

11.98%

14.88%-2.9pp

3533.50%-3521.5pp

31.27%-19.3pp

Employer contribution / active EE

$5,822

$3,187+82.7%

$2,737+112.7%

$2,728+113.4%

Participant deferral / active EE

$5,786

$3,911+48.0%

$4,004+44.5%

$4,651+24.4%

Admin fee / account holder

$88

$245-64.1%

$3,994-97.8%

$433-79.7%

Provider

Service type

Compensation

TIAA9 years

Service code 15 · EIN 13-1624203

730 THIRD AVE · NEW YORK, NY 100173206

Recordkeeping

$82,776

MULTNOMAH GROUP2 years

Filed as: MULTNOMAH GROUP INC

Service code 16 · EIN 20-0361079

111 SW 5TH AVENUE SUITE 4000 · PORTLAND, OR 972043643

Consulting

$48,031

BAKER TILLY US, LLP4 years

Service code 10 · EIN 30-1413443

PO BOX 7398 · MADISON, WI 537077398

Accounting

$14,625

LEWIS & CLARK COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEWIS & CLARK COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY 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