Retirement Savings Plan Iii — Form 5500 plan (University Of Miami)

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, Retirement Savings Plan Iii is a benefit plan reported by University Of Miami under EIN 59-0624458 and plan number 007. The latest loaded filing year is 2023. The filing reports 5,164 participants and $66,502,492 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$66.5MPlan net assets, end of year$66,502,492
Participants5.2KCovered participants reported5,164
Assets / participant$12.9KComputed: assets ÷ participants$12,878 (computed)
Provider compensation$76.1K2 Schedule C provider row(s)$76,064
Plan sponsor
University Of Miami
EIN
59-0624458
Plan number
007
Plan type
2
Location
Coral Gables, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,164H, C20241003113630NAL0010485377001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$66.5M total assets
Net assets$66.5MLiabilities$0
Money in vs. money out
Total income / additions$39.9M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Contributions
Employer$11.7M
Participant$14.9M
Full reported line items

Net assets

Total assets (EOY)
$66,502,492
Total liabilities (EOY)
$0
Net assets (EOY)
$66,502,492
Net assets (BOY)
$29,483,969

Income & contributions

Employer contributions
$11,708,139
Participant contributions
$14,937,998
Total contributions
$32,433,629
Total income / additions
$39,944,600

Expenses & distributions

Benefits paid
$2,841,399
Administrative expenses
$75,866
Total expenses
$2,925,027
Net increase / (decrease)
$37,019,573
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 44%Participant 56%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments Inst Op Co LLCRECORDKEEPER$57,283$02023
Strategic Advisors, Inc.NONE$18,781$02023

Related Form 5500 pages