Overview

Plan Rating

BrightScope Rating
74
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (75)
Highest in Peer Group (88)

Plan Description

Gannon University Defined Contribution Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances. Gannon University Defined Contribution Retirement Plan currently has over 1,100 active participants and over $114.7M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
9
Additional years of work
44,806
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 109 University Square
  • Location
    Erie , PA
  • 16541
  • Industry
    Educational Services
  • Administrator
    Robert Cline
  • Net Plan Assets
    $115,000,000
  • Total Participants
    1,200
  • Avg Account Balance
    $99,000

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:
Average Fees
Company Generosity:
Above Average

Performance

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

Investment Menu Stats

# of Investment Options

50

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
TIAA-CREF Traditional Annuity 30%
N/A
TIAA-CREF Stock 17%
N/A
Total Other Investments 17%
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
Tiaa-Cref
Insurance Carrier
Valic
Insurance Advisor/Broker
John M Hellgren Jr
Insurance Advisor/Broker
Pearl Ellen Graham
Insurance Advisor/Broker
James R. Eckbreth
Insurance Advisor/Broker
Mary R. Wingrove
Insurance Advisor/Broker
Jeffrey J. Majersky
Insurance Advisor/Broker
Timothy C. Schroyer
Insurance Advisor/Broker
Kelly Susanna Gibson
Investment Adviser
Valic
Recordkeeper
Valic
Auditor
Mcgill, Power, Bell & Assoc LLP