Overview

Plan Rating

BrightScope Rating
72
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (40)
Average in Peer Group (74)
Highest in Peer Group (88)

Plan Description

Gannon University Defined Contribution Plan is a defined contribution plan. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Account Balances. Gannon University Defined Contribution Plan currently has over 1,200 active participants and over $128.5M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
10
Additional years of work
27,125
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 109 University Square
  • Location
    Erie , PA
  • 16541
  • Industry
    Educational Services
  • Administrator
    Robin D. Williams
  • Net Plan Assets
    $128,000,000
  • Total Participants
    1,300
  • Avg Account Balance
    $100,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Great

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Above Average

Peer Group Plans

Company Rating
Regis University 77.3
Campbell University 77.3
Roanoke College 76.8
Augsburg College 71.0
Lake Forest College 69.9
Messiah College 69.7
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

225

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
TIAA-CREF Traditional Annuity 22%
N/A
T. Rowe Price Retirement 14%
26%
TIAA-CREF Stock 14%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Valic
Insurance Carrier
TIAA-Nuveen
Insurance Advisor/Broker
Pearl Ellen Graham
Insurance Advisor/Broker
Pearl E. Graham
Insurance Advisor/Broker
John M Hellgren Jr
Insurance Advisor/Broker
John M. Hellgren, Jr.
Insurance Advisor/Broker
Jeffrey J. Majersky
Insurance Advisor/Broker
Mary R Wingrove
Insurance Advisor/Broker
Mary R. Wingrove
Insurance Advisor/Broker
Constance M. Butler
Insurance Advisor/Broker
Various
Insurance Advisor/Broker
Timothy C. Schroyer
Investment Adviser
Valic
Recordkeeper
Valic
Investment Adviser
TIAA-Nuveen
Recordkeeper
TIAA-Nuveen
Auditor
Mcgill, Power, Bell & Assoc LLP

Articles and Questions

Boeing Plan Report (Updated)

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