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Company:
Bob Jones University
Plan:
The Bob Jones University Retirement Fund
 

Bob Jones University

50 Plan: The Bob Jones University Retirement Fund

 
 
50
35
70
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (50) and the top rated plan (89) could equate to:
[How is this calculated?]
20 additional years of work
Up to $259,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Bob Jones University Retirement Fund is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. The Bob Jones University Retirement Fund currently has over 1,400 active participants and over $51.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
9
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Target Retirement 2020 19%
2. Vanguard Target Retirement Income 16%
3. Vanguard Target Retirement 2015 13%

 Retirement Plan Details

Address 1700 Wade Hampton Blvd
Greenville, SC 29614-1000 
Industry Educational Services
Administrator John D. Matthews
Net Plan Assets $51,300,000
Total Participants 1,400
Avg Account Balance $37,000

  Plan Service Providers

Recordkeeper Milliman, Inc.
Investment Adviser Presidium Retirement Advisors
Legal Counsel Shumaker, Loop & Kendrick LLP
Auditor Martin Smith & Company,Cpas,Pa