Elon University Defined Contribution Plan — Form 5500 plan (Elon 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, Elon University Defined Contribution Plan is a benefit plan reported by Elon University under EIN 56-0532303 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,831 participants and $298,498,842 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Elon University
- EIN
- 56-0532303
- Plan number
- 001
- Plan type
- 2
- Location
- Elon, NC
- Latest filing year
- 2023
- Participants
- 2,831
- End-of-year plan assets
- $298,498,842
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,831 | H, C | 20240926104602NAL0001250914001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $298,498,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $298,498,842
- Net assets (BOY)
- $264,502,918
Income & contributions
- Employer contributions
- $8,066,952
- Participant contributions
- $4,043,666
- Total contributions
- $12,277,757
- Total income / additions
- $48,930,618
Expenses & distributions
- Benefits paid
- $14,760,098
- Administrative expenses
- $169,528
- Total expenses
- $14,934,694
- Net increase / (decrease)
- $33,995,924
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Highland Consulting | NONE | $75,000 | not reported in the loaded dataset | 2023 |
| Tiaa | NONE | $57,910 | $0 | 2023 |
| Trust Company Of The South | NONE | $29,051 | not reported in the loaded dataset | 2023 |
| Verity Asset Management, Inc. | NONE | $5,816 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Elon University
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Elon, NC
- Highland Consulting — Schedule C compensation
- Tiaa — Schedule C compensation
- Trust Company Of The South — Schedule C compensation
- Verity Asset Management, Inc. — Schedule C compensation