UNIVERSITY OF MIAMI has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : RETIREMENT SAVINGS PLAN III 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets from this plan | 2023-12-31 | $1,050 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $39,944,600 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $2,925,027 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,841,399 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $2,407 |
| Value of total corrective distributions | 2023-12-31 | $5,355 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $32,433,629 |
| Value of total assets at end of year | 2023-12-31 | $66,502,492 |
| Value of total assets at beginning of year | 2023-12-31 | $29,483,969 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $75,866 |
| Total interest from all sources | 2023-12-31 | $53,367 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $1,164,334 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $1,164,334 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $14,937,998 |
| Participant contributions at end of year | 2023-12-31 | $1,214,052 |
| Participant contributions at beginning of year | 2023-12-31 | $457,368 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $5,787,492 |
| Other income not declared elsewhere | 2023-12-31 | $16 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $37,019,573 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $66,502,492 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $29,483,969 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $18,781 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $61,662,969 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $25,660,305 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $6,246 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $7,164 |
| Interest on participant loans | 2023-12-31 | $52,504 |
| Interest earned on other investments | 2023-12-31 | $863 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $28,238 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $2,439 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $6,294,245 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $-991 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $11,708,139 |
| Employer contributions (assets) at end of year | 2023-12-31 | $3,590,987 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $3,356,693 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,841,399 |
| Contract administrator fees | 2023-12-31 | $2 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | KPMG LLP |
| Accountancy firm EIN | 2023-12-31 | 135565207 |
| 2022 : RETIREMENT SAVINGS PLAN III 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $3,357 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $17,220,859 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $884,340 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $853,360 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $-2,770 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $19,817,454 |
| Value of total assets at end of year | 2022-12-31 | $29,483,969 |
| Value of total assets at beginning of year | 2022-12-31 | $13,144,093 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $33,750 |
| Total interest from all sources | 2022-12-31 | $12,013 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $497,222 |
| 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 | $497,222 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| 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 | $9,472,757 |
| Participant contributions at end of year | 2022-12-31 | $457,368 |
| Participant contributions at beginning of year | 2022-12-31 | $116,390 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $4,770,742 |
| Administrative expenses (other) incurred | 2022-12-31 | $24,920 |
| 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 | $16,336,519 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $29,483,969 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,144,093 |
| 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 | $8,830 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $25,660,305 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $11,211,828 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $7,164 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
| Interest on participant loans | 2022-12-31 | $11,967 |
| Interest earned on other investments | 2022-12-31 | $46 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,439 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $200 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,105,830 |
| 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 | $5,573,955 |
| Employer contributions (assets) at end of year | 2022-12-31 | $3,356,693 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $1,815,675 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $853,360 |
| 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 | KPMG LLP |
| Accountancy firm EIN | 2022-12-31 | 135565207 |
| 2021 : RETIREMENT SAVINGS PLAN III 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $12,163,436 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,594,561 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,576,185 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $7,375 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $11,557,776 |
| Value of total assets at end of year | 2021-12-31 | $13,144,093 |
| Value of total assets at beginning of year | 2021-12-31 | $2,575,218 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $11,001 |
| Total interest from all sources | 2021-12-31 | $3,138 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $238,100 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $238,100 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $4,078,801 |
| Participant contributions at end of year | 2021-12-31 | $116,390 |
| Participant contributions at beginning of year | 2021-12-31 | $58,115 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $4,890,726 |
| Administrative expenses (other) incurred | 2021-12-31 | $7,577 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $10,568,875 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $13,144,093 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,575,218 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $3,424 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $11,211,828 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,317,264 |
| Interest on participant loans | 2021-12-31 | $3,138 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $200 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $364,422 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $2,588,249 |
| Employer contributions (assets) at end of year | 2021-12-31 | $1,815,675 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $199,839 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,576,185 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | KPMG LLP |
| Accountancy firm EIN | 2021-12-31 | 135565207 |
| 2020 : RETIREMENT SAVINGS PLAN III 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $597,938 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,062,042 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $84,762 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $83,797 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,743,654 |
| Value of total assets at end of year | 2020-12-31 | $2,575,218 |
| Value of total assets at beginning of year | 2020-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $965 |
| Total interest from all sources | 2020-12-31 | $724 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $41,393 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $41,393 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $739,282 |
| Participant contributions at end of year | 2020-12-31 | $58,115 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $795,786 |
| Administrative expenses (other) incurred | 2020-12-31 | $503 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,977,280 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,575,218 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $462 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,317,264 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
| Interest on participant loans | 2020-12-31 | $724 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $276,271 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $208,586 |
| Employer contributions (assets) at end of year | 2020-12-31 | $199,839 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $83,797 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | KPMG LLP |
| Accountancy firm EIN | 2020-12-31 | 135565207 |
