2023 Form 5500 filing — Furman University Defined Contribution And Tax Deferred Annuity Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729101503NAL0031826608001) for Furman University Defined Contribution And Tax Deferred Annuity Retirement Plan, reported by Furman University under EIN 57-0314395 and plan number 001. It reports 1,786 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729101503NAL0031826608001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Furman University
- EIN
- 57-0314395
- Plan number
- 001
- Location
- Greenville, SC
- Participants
- 1,786
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $324,646,410
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $324,646,410
- Employer contributions
- $5,864,673
- Participant contributions
- $4,532,824
- Total income / additions
- $52,621,295
- Benefits paid
- $19,049,645
- Administrative expenses
- $285,693
- Total expenses
- $19,335,338
- Net increase / (decrease)
- $33,285,957
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tiaa | NONE | $162,550 | $0 |
| Capfinancial Partners LLC | INVESTMENT ADVISORY | $53,172 | not reported in the loaded dataset |
| Nixon Peabody Llp | NONE | $39,945 | not reported in the loaded dataset |
| Cliftonlarsonallen, Llp | NONE | $30,030 | not reported in the loaded dataset |