Retirement plan

WESTERN UNIVERSITY OF HEALTH SCIENCES 403(B) PLAN

Name: WESTERN UNIVERSITY OF HEALTH SCIENCES - WESTERN UNIVERSITY OF HEALTH SCIENCES 403(B) PLAN (2018) Form 5500
Creator: WESTERN UNIVERSITY OF HEALTH SCIENCES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN UNIVERSITY OF HEALTH SCIENCES 403(B) PLAN, WESTERN UNIVERSITY OF HEALTH SCIENCES

WESTERN UNIVERSITY OF HEALTH SCIENCESEIN 95-3127273Plan #001PY 2018

309 E SECOND STREET - POMONA, CA 917661854909-469-5371westernu.eduLinkedIn1001-5000 employeeshigher education

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$176.3M

-10.6% from 2016

Total participants

1,832

-3.7% from 2016

Average account balance

$97,019

-7.2% from 2016

Annual return

-3.99%

-6.26 pp from 2016

Benchmarks

See 265 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort265 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$335.86M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

2,296

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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
TIAA1 year Service code 12 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 10017	Recordkeeping and information managem...	$1,607
MUTUAL OF AMERICA INVESTMENT CORP4+ years Filed as: MUTUAL OF AMERICA Service code 12 · EIN 13-1614399 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$86

Plan features & details

Pension benefit codes2L2F2G2T2M

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

1 tripped

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

$6K

$6 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,019

$87,173+11.3%

$59,899+62.0%

$75,289+28.9%

Participation rate

98.6%

74.5%+24.1pp

74.7%+23.9pp

72.4%+26.2pp

Annual return

-3.99%

-2.14%-1.8pp

3.46%-7.4pp

-0.04%-3.9pp

Employer contribution / active EE

$6,599

$3,473+90.0%

$2,723+142.4%

$2,405+174.4%

Participant deferral / active EE

$7,671

$3,379+127.0%

$3,403+125.4%

$3,739+105.2%

Admin fee / account holder

$75-95.4%

$3,592-99.9%

$102-96.6%

Provider

Service type

Compensation

TIAA1 year

Service code 12 · EIN 13-1624203

730 THIRD AVE · NEW YORK, NY 10017

Recordkeeping and information managem...

$1,607

MUTUAL OF AMERICA INVESTMENT CORP4+ years

Filed as: MUTUAL OF AMERICA

Service code 12 · EIN 13-1614399

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$86

WESTERN UNIVERSITY OF HEALTH SCIENCES 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN UNIVERSITY OF HEALTH SCIENCES 403(B) 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