THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan WESTERN GOVERNORS UNIVERSITY 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : WESTERN GOVERNORS UNIVERSITY 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-6,062,219 |
| Total of all expenses incurred | 2022-12-31 | $24,391,493 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $22,658,163 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $934,156 |
| Value of total corrective distributions | 2022-12-31 | $24,936 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $57,435,515 |
| Value of total assets at end of year | 2022-12-31 | $327,223,731 |
| Value of total assets at beginning of year | 2022-12-31 | $357,677,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $774,238 |
| Total interest from all sources | 2022-12-31 | $560,393 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $4,857,316 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $4,857,316 |
| Administrative expenses professional fees incurred | 2022-12-31 | $22,444 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $28,642,423 |
| Participant contributions at end of year | 2022-12-31 | $7,207,395 |
| Participant contributions at beginning of year | 2022-12-31 | $6,489,578 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $3,250,846 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $34,994 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $26,487 |
| Administrative expenses (other) incurred | 2022-12-31 | $474,794 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-30,453,712 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $327,223,731 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $357,677,443 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $277,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $303,889,526 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $337,230,149 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $553,537 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $546,679 |
| Interest on participant loans | 2022-12-31 | $173,059 |
| Interest earned on other investments | 2022-12-31 | $387,334 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $15,538,279 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $13,384,550 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-68,960,647 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $45,204 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $25,542,246 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $22,658,163 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MAYER HOFFMAN MCCANN P.C. |
| Accountancy firm EIN | 2022-12-31 | 431947695 |
