Retirement plan

GRADUATE THEOLOGICAL UNION DC PLAN

Name: GRADUATE THEOLOGICAL UNION - GRADUATE THEOLOGICAL UNION DC PLAN (2023) Form 5500
Creator: GRADUATE THEOLOGICAL UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRADUATE THEOLOGICAL UNION DC PLAN, GRADUATE THEOLOGICAL UNION

GRADUATE THEOLOGICAL UNIONEIN 94-1581707Plan #001PY 2023

2400 RIDGE RD - BERKELEY, CA 94709510-649-2400gtu.eduLinkedIn51-200 employeeshigher education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17M

+9.8% from 2022

Total participants

111

-0.9% from 2022

Average account balance

$154,457

+11.8% from 2022

Annual return

12.70%

+22.90 pp from 2022

Benchmarks

See 4,424 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,424 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.43M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

113

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.

256.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$667K

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

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12361

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

0 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 codes2F2G2L2T2M3D

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.
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

$1.2M

$25549 / participant

Other / not subdivided$1M100.0%

% of EOY assets

7.218%

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

$154,457

$46,596+231.5%

$64,099+141.0%

$75,181+105.4%

Participation rate

97.9%

65.9%+32.0pp

72.3%+25.6pp

67.2%+30.7pp

Annual return

12.70%

26.04%-13.3pp

33.70%-21.0pp

160.69%-148.0pp

Employer contribution / active EE

$6,651

$1,975+236.8%

$2,748+142.0%

$2,671+149.1%

Participant deferral / active EE

$8,337

$2,837+193.8%

$3,881+114.8%

$4,126+102.1%

Admin fee / account holder

$11,149

$2,954+277.4%

$3,070+263.1%

$5,650+97.3%

GRADUATE THEOLOGICAL UNION DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRADUATE THEOLOGICAL UNION DC 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