Retirement plan

CALIFORNIA INSTITUTE OF INTEGRAL STUDIES RETIREMENT PLAN

Name: CALIFORNIA INSTITUTE OF INTEGRAL STUDIES - CALIFORNIA INSTITUTE OF INTEGRAL STUDIES RETIREMENT PLAN (2017) Form 5500
Creator: CALIFORNIA INSTITUTE OF INTEGRAL STUDIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA INSTITUTE OF INTEGRAL STUDIES RETIREMENT PLAN, CALIFORNIA INSTITUTE OF INTEGRAL STUDIES

CALIFORNIA INSTITUTE OF INTEGRAL STUDIESEIN 94-2254303Plan #001PY 2017

1453 MISSION ST. - SAN FRANCISCO, CA 94103415-575-6100LinkedIn1-10 employeeshigher education

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.1M

+8.2% from 2016

Total participants

316

-5.4% from 2016

Average account balance

$44,557

+14.4% from 2016

Annual return

16.08%

+6.51 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

$16.67M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

487

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.

87.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136

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 2 by compensation

Provider	Service type	Compensation
KARP CAPITAL MANAGEMENT2 years Service code 26 · EIN 20-1159707 2269 CHESTNUT STREET · SAN FRANCISCO, CA 94123	Advisory (Participants)	$33,648
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201	Recordkeeping	$1,190

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$18K

$89 / participant

Contract admin$18K100.0%

% of EOY assets

0.124%

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: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,557

$57,976-23.1%

$63,005-29.3%

$62,293-28.5%

Participation rate

100.0%

75.9%+24.1pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

16.08%

17.54%-1.5pp

87.59%-71.5pp

28.90%-12.8pp

Employer contribution / active EE

$2,415-100.0%

$2,760-100.0%

$2,042-100.0%

Participant deferral / active EE

$4,054

$2,956+37.1%

$3,329+21.8%

$3,169+27.9%

Admin fee / account holder

$55

$276-79.9%

$3,599-98.5%

$479-88.4%

Provider

Service type

Compensation

KARP CAPITAL MANAGEMENT2 years

Service code 26 · EIN 20-1159707

2269 CHESTNUT STREET · SAN FRANCISCO, CA 94123

Advisory (Participants)

$33,648

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 14201

Recordkeeping

$1,190

CALIFORNIA INSTITUTE OF INTEGRAL STUDIES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA INSTITUTE OF INTEGRAL STUDIES RETIREMENT 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