Monmouth University Defined Contribution Retirement Plan — Form 5500 plan (Monmouth University, Inc.)
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, Monmouth University Defined Contribution Retirement Plan is a benefit plan reported by Monmouth University, Inc. under EIN 21-0634584 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,786 participants and $337,165,862 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Monmouth University, Inc.
- EIN
- 21-0634584
- Plan number
- 001
- Plan type
- 2
- Location
- West Long Branch, NJ
- Latest filing year
- 2023
- Participants
- 1,786
- End-of-year plan assets
- $337,165,862
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,786 | H, C | 20241010143416NAL0010139811001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $337,165,862
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $337,165,862
- Net assets (BOY)
- $306,935,564
Income & contributions
- Employer contributions
- $5,271,633
- Participant contributions
- $6,462,251
- Total contributions
- $12,119,294
- Total income / additions
- $51,115,013
Expenses & distributions
- Benefits paid
- $20,640,886
- Administrative expenses
- $243,829
- Total expenses
- $20,884,715
- Net increase / (decrease)
- $30,230,298
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | NONE | $153,910 | $0 | 2023 |
| Equitable Financial Life Insurance | NONE | $959 | $63,788 | 2023 |
| Cap Financial Partners, LLC | NONE | $53,881 | not reported in the loaded dataset | 2023 |
| Cohnreznick Llp | NONE | $33,575 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Monmouth University, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Long Branch, NJ
- Tiaa — Schedule C compensation
- Equitable Financial Life Insurance — Schedule C compensation
- Cap Financial Partners, LLC — Schedule C compensation
- Cohnreznick Llp — Schedule C compensation