Overview

Plan Rating

BrightScope Rating
66
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (42)
Average in Peer Group (73)
Highest in Peer Group (87)

Plan Description

Xavier University of Louisiana Defined Contribution Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. Xavier University of Louisiana Defined Contribution Retirement Plan currently has over 1,100 active participants and over $69.7M in plan assets.

Did you know?

For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
12
Additional years of work
132,678
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1 Drexel Drive
  • Location
    New Orleans , LA
  • 70125
  • Industry
    Educational Services
  • Administrator
    Ralph W. Johnson
  • Net Plan Assets
    $69,700,000
  • Total Participants
    1,100
  • Avg Account Balance
    $67,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Average
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments

Investment Menu Stats

# of Investment Options

55

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
TIAA-CREF Traditional Annuity 31%
N/A
TIAA-CREF Stock 22%
N/A
TIAA-CREF Lifecycle 6%
18%
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
Voya Financial (ING)
Insurance Advisor/Broker
Colette K Riha
Insurance Advisor/Broker
Connie D Shaver
Insurance Advisor/Broker
Brandon Goll
Insurance Advisor/Broker
Linda A Alumbaugh
Insurance Advisor/Broker
Kenneth Raymond Trahan
Insurance Advisor/Broker
Demedicis Lynn W
Auditor
Bruno & Tervalon, LLP