Retirement plan

UNIVERSITY-STUDENT UNION BOARD 403(B) DC PLAN

Name: UNIVERSITY-STUDENT UNION, CALIFORNIA STATE UNIVERSITY, LOS ANGELES - UNIVERSITY-STUDENT UNION BOARD 403(B) DC PLAN (2024) Form 5500
Creator: UNIVERSITY-STUDENT UNION, CALIFORNIA STATE UNIVERSITY, LOS ANGELES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY-STUDENT UNION BOARD 403(B) DC PLAN, UNIVERSITY-STUDENT UNION, CALIFORNIA STATE UNIVERSITY, LOS ANGELES

UNIVERSITY-STUDENT UNION, CALIFORNIA STATE UNIVERSITY, LOS ANGELESEIN 95-3122264Plan #001PY 2024

5154 STATE UNIVERSITY DRIVE, U-SU 306 - LOS ANGELES, CA 90032323-343-2455LinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.8M

+15.8% from 2023

Total participants

111

+6.7% from 2023

Average account balance

$120,960

+12.5% from 2023

Annual return

14.36%

-10.32 pp from 2023

Benchmarks

See 4,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,462 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.82M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

106

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.

378.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$472K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2997

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 codes2F2G2L2T3D

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.
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

$318K

$11347 / participant

Other / not subdivided$318K100.0%

% of EOY assets

2.478%

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

$120,960

$48,337+150.2%

$67,560+79.0%

$80,959+49.4%

Participation rate

82.1%

66.4%+15.7pp

72.9%+9.2pp

67.7%+14.5pp

Annual return

14.36%

18.26%-3.9pp

3533.50%-3519.1pp

35.67%-21.3pp

Employer contribution / active EE

$9,218

$2,023+355.7%

$2,737+236.8%

$2,757+234.3%

Participant deferral / active EE

$7,654

$2,928+161.4%

$4,004+91.2%

$4,300+78.0%

Admin fee / account holder

$2,997

$3,695-18.9%

$3,994-25.0%

$6,925-56.7%

UNIVERSITY-STUDENT UNION BOARD 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY-STUDENT UNION BOARD 403(B) 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