Converse University Defined Contribution Retirement Plan — Form 5500 plan (Converse University)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Converse University Defined Contribution Retirement Plan is a benefit plan reported by Converse University under EIN 57-0314380 and plan number 001. The latest loaded filing year is 2023. The filing reports 444 participants and $43,254,036 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Converse University
- EIN
- 57-0314380
- Plan number
- 001
- Plan type
- 2
- Location
- Spartanburg, SC
- Latest filing year
- 2023
- Participants
- 444
- End-of-year plan assets
- $43,254,036
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 444 | H, C | 20240923175609NAL0011722465001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,254,036
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,254,036
- Net assets (BOY)
- $41,303,832
Income & contributions
- Employer contributions
- $328,768
- Participant contributions
- $546,004
- Total contributions
- $876,173
- Total income / additions
- $6,092,079
Expenses & distributions
- Benefits paid
- $4,098,777
- Administrative expenses
- $43,098
- Total expenses
- $4,141,875
- Net increase / (decrease)
- $1,950,204
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | RECORDKEEPER | $23,154 | $0 | 2023 |
| Capital Asset Advisory Services | ADVISOR | $20,292 | not reported in the loaded dataset | 2023 |
| Fidelity Investments | RECORDKEEPER | $102 | $0 | 2023 |