Original filing (PDF)20250922150650NAL0002203571001

THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTION

Name: THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTION — SECTION 403(B) DEFINED CONTRIBUTION PLAN FOR TAX-EXEMPT COLLEGES AND UNIVERSITIES IN VIRGINIA, Form 5500 (2024)
Creator: THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTION

Form 5500

FILING_RECEIVED

SECTION 403(B) DEFINED CONTRIBUTION PLAN FOR TAX-EXEMPT COLLEGES AND UNIVERSITIES IN VIRGINIA

403(b) retirement plan

Signals · 1

11 service providers

Active participants

6,105

Accounts w/ balance

11,712

Plan assets (EOY)

$1.3B

Net assets (EOY)

$1.3B

How this plan invests

This plan

2 pooled trusts

Schedule D

264 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

24 bps in Schedule C fees — 380% above peer band of 5 bps.
Highly fragmented vendor stack (11 disclosed providers, 7 categories).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTION.

Plan sponsor

Name

THE GOVERNING COMMITTEE OF THE SECTION 403(B) DEFINED CONTRIBUTION

DBA

PLAN FOR TAX EXEMPT COLLEGES AND UNIVERSITIES IN VIRGINIA

EIN

82-4833402

Address

108 N. 8TH STREET · RICHMOND, VA · 23219

Phone

(540) 586-0606

Industry

Educational Servicessee all

Plan administrator

Name

PENTEGRA SERVICES, INC.

EIN

13-3745616

City

WHITE PLAINS, NY

Phone

(844) 367-2848

Plan characteristics

Plan number

333

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-22

Pension benefit codes

2E · Profit-sharing

2G · Total participant-directed accounts

2L · 403(b)(1) annuity

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

CLIFTONLARSONALLEN LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

11 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS	04-2647786	BOSTON, MA	RECORDKEEPER	$2K	—
LINCOLN NATIONAL CORPORATION	35-1140070	RADNOR, PA	RECORDKEEPER	$75	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
MILLENNIUM ADVISORY SERVICES, INC	54-2020086	GLEN ALLEN, VA	INVESTMENT ADVISOR	$1.7M	—
SAGEVIEW ADVISORY GROUP	33-0818667	IRVINE, CA	INVESTMENT ADVISOR	$197K	—
PRM CONSULTING	52-2156813	WASHINGTON, DC	CONSULTANT	$77K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
PENTEGRA SERVICES, INC	13-3745616	WHITE PLANINS, NY	PLAN ADMINISTRATOR TPA	$367K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
CLIFTON LARSON ALLEN, LLP	41-0746749	MINNEAPOLIS, MN	ACCOUNTANT	$39K	—

Legal counsel

Name	EIN	Location	Relation	Direct comp	Indirect comp
TROUTMAN SANDERS, LLP	58-0946915	ATLANTA, GA	ATTORNEY	$86K	—

Insurance

Name	EIN	Location	Relation	Direct comp	Indirect comp
RIGGS,COUNSELMAN,MICHAELS & DOWNES,	52-0555835	BALTIMORE, MD	INSURANCE SERVICES	$165K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
TIAA	13-1624203	NEW YORK, NY	INVESTMENT PROVIDER	$357K	—
COUNCIL OF IND COLLEGES OF VA	54-0887849	BEDFORD, VA	PLAN ADMNISTRATOR	$88K	—

Investments

262 direct securities · 2 pooled funds· $1.3B(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$1.3B

262 holdings

Pooled Separate Account

$24.5M

2 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
TIAA Traditional Non Benefit Responsive	—	—	—	$172.8M	13.5%
CREF Stock R2	—	—	—	$144.3M	11.2%
TIAA Trust, N.A Vanguard Total St Mk Ix In Pl	—	—	—	$139.3M	10.8%
TIAA Trust, N.A Vanguard Ttl Bd Mkt Idx Inst	—	—	—	$62.4M	4.9%
TIAA Trust, N.A Vanguard Ttl Intl Stk Idx Inst	—	—	—	$59.3M	4.6%
TIAA Baird Core Plus Bond Fund Inst	—	—	—	$53.1M	4.1%
CREF Growth R2	—	—	—	$51.5M	4.0%
TIAA Traditional Benefit Responsive 2	—	—	—	$45.2M	3.5%
CREF Global Equities R2	—	—	—	$39.8M	3.1%
TIAA Trust, N.A Putnam Large Cap Value Fund R6	—	—	—	$34.6M	2.7%
TIAA Trust, N.A American EuroPac Growth R6	—	—	—	$34.0M	2.6%
TIAA Traditional Non Benefit Responsive	—	—	—	$33.6M	2.6%
TIAA Trust, N.A MFS Growth Fund Class R6	—	—	—	$33.5M	2.6%
CREF Equity Index R2	—	—	—	$32.9M	2.6%
Similar Party Collateral, Par, or Maturity Value Cost** Value * TIAA Traditional Benefit Responsive	—	—	—	$29.1M	2.3%
TIAA REAL ESTATE TIAA-CREF · EIN 13-1624203 / PN 004	Pooled Separate Account	—	—	$23.8M	1.9%
CREF Social Choice R2	—	—	—	$21.8M	1.7%
CREF Stock R2	—	—	—	$21.6M	1.7%
TIAA Real Estate	—	—	—	$18.9M	1.5%
TIAA Traditional Non Benefit Responsive 2	—	—	—	$16.0M	1.2%
CREF Core Bond R2	—	—	—	$14.1M	1.1%
TIAA Trust, N.A American Cent MdCpVa Fd Cla R6	—	—	—	$13.3M	1.0%
TIAA Trust, N.A Vanguard Total St Mk Ix In Pl	—	—	—	$13.1M	1.0%
TIAA Trust, N.A Delaware Ivy Mid Cap Growth R6	—	—	—	$12.7M	1.0%
TIAA Trust, N.A MFS New Discovery Value Fd R6	—	—	—	$10.7M	0.8%
TIAA Trust, N.A Putnam Small Cap Growth R6	—	—	—	$9.3M	0.7%
CREF Money Market R2	—	—	—	$8.6M	0.7%
TIAA Traditional Benefit Responsive 2	—	—	—	$8.3M	0.6%
CREF Social Choice R2	—	—	—	$7.7M	0.6%
TIAA Trust, N.A Vanguard Ttl Bd Mkt Idx Inst	—	—	—	$7.3M	0.6%
TIAA Trust, N.A Vanguard Ttl Intl Stk Idx Inst	—	—	—	$7.1M	0.6%
CREF Inflation-Linked Bond R2	—	—	—	$6.9M	0.5%
TIAA Traditional Benefit Responsive	—	—	—	$6.8M	0.5%
TIAA Trust, N.A Baird Core Plus Bond Fund Inst	—	—	—	$6.7M	0.5%
CREF Growth R2	—	—	—	$6.6M	0.5%
TIAA Trust, N.A Vanguard Treasury MoneyMkt Inv	—	—	—	$6.2M	0.5%
CREF Growth R2	—	—	—	$6.0M	0.5%
TIAA Trust, N.A MFS Growth Fund Class R6	—	—	—	$5.7M	0.4%
TIAA Trust, N.A Putnam Large Cap Value Fund R6	—	—	—	$5.4M	0.4%
TIAA Trust, N.A American EuroPac Growth R6	—	—	—	$5.3M	0.4%
CREF Stock R2	—	—	—	$5.2M	0.4%
TIAA Real Estate	—	—	—	$3.7M	0.3%
CREF Equity Index R2	—	—	—	$3.1M	0.2%
CREF Money Market R2	—	—	—	$2.5M	0.2%
CREF Equity Index R2	—	—	—	$2.3M	0.2%
Participants Participant Loans Rates from 4.25% to 9.50% -	—	—	—	$2.3M	0.2%
CREF Global Equities R2	—	—	—	$2.1M	0.2%
CREF Global Equities R2	—	—	—	$2.0M	0.2%
TIAA Trust, N.A Delaware Ivy Mid Cap Growth R6	—	—	—	$2.0M	0.2%
TIAA Trust, N.A American Cent MdCpVa Fd Cla R6	—	—	—	$1.9M	0.1%
TIAA Access Nuv LifCyc 2030 T4	—	—	—	$1.9M	0.1%
TIAA Trust, N.A Cohen & Steers Real Est Sec Z	—	—	—	$1.8M	0.1%
TIAA Trust, N.A Putnam Small Cap Growth R6	—	—	—	$1.6M	0.1%
TIAA Access Nuv Lrg Cap Val T4	—	—	—	$1.4M	0.1%
TIAA Trust, N.A MFS New Discovery Value Fd R6	—	—	—	$1.4M	0.1%
FIDELITY FID 500 INDEX	—	—	—	$1.4M	0.1%
CREF Inflation-Linked Bond R2	—	—	—	$1.3M	0.1%
TIAA Trust, N.A DFA Emerging Mark CorEqPort I	—	—	—	$1.3M	0.1%
CREF Core Bond R2	—	—	—	$1.3M	0.1%
TIAA Access Nuv LifCyc 2025 T4	—	—	—	$1.2M	<0.1%
TIAA Access Nuv Intl Equity T4	—	—	—	$1.2M	<0.1%
VANGUARD 500 Index Adm	—	—	—	$1.1M	<0.1%
TIAA TIAA-CREF Self Directed Acct	—	—	—	$1.1M	<0.1%
TIAA Access Nuv LifCyc 2040 T4	—	—	—	$1.0M	<0.1%
TIAA Access Nuv LifCyc 2045 T4	—	—	—	$1.0M	<0.1%
TIAA Access Nuv LifCyc 2035 T4	—	—	—	$923K	<0.1%
CREF Money Market R2	—	—	—	$873K	<0.1%
TIAA Access Nuv Lrg Cap Gr T4	—	—	—	$843K	<0.1%
TIAA Access Nuv LifCyc 2050 T4	—	—	—	$787K	<0.1%
FIDELITY FID CONTRAFUND	—	—	—	$754K	<0.1%
TIAA Access Nuv Mid Cap Val T4	—	—	—	$685K	<0.1%
CREF Inflation-Linked Bond R2	—	—	—	$684K	<0.1%
VALIC ANNUITY SEPARATE ACCOUNT VARIABLE ANNUITY LIFE INSURANCE COMPANY · EIN 74-1625348 / PN 002	Pooled Separate Account	—	—	$666K	<0.1%
TIAA Access Nuv Qt Sm Cp Eq T4	—	—	—	$665K	<0.1%
TIAA Access Nuv Core Equity T4	—	—	—	$616K	<0.1%
FIDELITY FID BLUE CHIP GR	—	—	—	$581K	<0.1%
FIDELITY FID GROWTH COMPANY	—	—	—	$579K	<0.1%
FIDELITY FID MAGELLAN	—	—	—	$541K	<0.1%
CREF Core Bond R2	—	—	—	$515K	<0.1%
FIDELITY FID SEL SOFTWARE	—	—	—	$514K	<0.1%
TIAA Access Nuv RlEstSecSel T4	—	—	—	$430K	<0.1%
FIDELITY FID LOW PRICED STK	—	—	—	$420K	<0.1%
CREF Social Choice R2	—	—	—	$412K	<0.1%
TIAA Access Nuv Sm Cp Bl Ix T4	—	—	—	$403K	<0.1%
VANGUARD (CL) Vanguard PrimeCap Admiral	—	—	—	$400K	<0.1%
FIDELITY FID FREEDOM 2040 K	—	—	—	$393K	<0.1%
Similar Party Collateral, Par, or Maturity Value Cost** Value * TIAA Trust, N.A Vanguard Treasury MoneyMkt Inv	—	—	—	$374K	<0.1%
FIDELITY FID PURITAN	—	—	—	$366K	<0.1%
FIDELITY FID INTM TR BD IDX 411 * FIDELITY FID LT TR BD IDX	—	—	—	$365K	<0.1%
FIDELITY FID SEL MED TECH&DV	—	—	—	$364K	<0.1%
VANGUARD Dividend Growth Inv	—	—	—	$357K	<0.1%
VALIC VANGUARD LIFESTRATEGY GROWTH	—	—	—	$352K	<0.1%
FIDELITY FID SEL SEMICONDUCT	—	—	—	$350K	<0.1%
VANGUARD Health Care Adm	—	—	—	$330K	<0.1%
TIAA Access Nuv Mid Cap Grw T4	—	—	—	$324K	<0.1%
FIDELITY FID CAPITAL APPREC 148 * FIDELITY FID BLUE CHIP GR	—	—	—	$322K	<0.1%
FIDELITY FID 500 INDEX	—	—	—	$304K	<0.1%
FIDELITY FID INVST GR BD 110 * FIDELITY FID GROWTH & INC	—	—	—	$295K	<0.1%
TIAA Access Nuv Core Pl Bd T4	—	—	—	$276K	<0.1%
VANGUARD Federal Money Market Inv	—	—	—	$268K	<0.1%
FIDELITY FID ASSET MGR 85%	—	—	—	$260K	<0.1%
TIAA Access Nuv Equity Idx T4	—	—	—	$260K	<0.1%
FIDELITY FID FREEDOM 2030 K	—	—	—	$249K	<0.1%
TIAA Access Nuv LifCyc 2020 T4	—	—	—	$246K	<0.1%
FIDELITY FID NEW MILLEN	—	—	—	$220K	<0.1%
FIDELITY FID FREEDOM 2035 K	—	—	—	$196K	<0.1%
FIDELITY FID EQUITY INC	—	—	—	$195K	<0.1%
TIAA Access Nuv LgCp Res Eq T4	—	—	—	$189K	<0.1%
TIAA Access Nuv LifCyc 2060 T4	—	—	—	$186K	<0.1%
TIAA Access Nuv LfCy Rt Inc T4	—	—	—	$185K	<0.1%
FIDELITY FID SEL TECHNOLOGY	—	—	—	$183K	<0.1%
FIDELITY FID REAL ESTATE INVS 985 * FIDELITY FID BALANCED	—	—	—	$171K	<0.1%
FIDELITY FID FREEDOM 2050 K	—	—	—	$167K	<0.1%
VALIC FIXED ACCOUNT PLUS	—	—	—	$159K	<0.1%
FIDELITY FID MAGELLAN	—	—	—	$154K	<0.1%
FIDELITY FID DISCIPLND EQTY	—	—	—	$153K	<0.1%
FIDELITY FID CAPITAL & INCOME	—	—	—	$151K	<0.1%
TIAA Access Nuv LifCyc 2055 T4	—	—	—	$149K	<0.1%
Similar Party Collateral, Par, or Maturity Value Cost** Value * FIDELITY FID OTC PORTFOLIO	—	—	—	$147K	<0.1%
FIDELITY FID ASSET MGR 70%	—	—	—	$139K	<0.1%
VANGUARD International Growth Adm	—	—	—	$125K	<0.1%
FIDELITY FID CONTRAFUND	—	—	—	$123K	<0.1%
FIDELITY FID FREEDOM 2045 K	—	—	—	$118K	<0.1%
FIDELITY FID GOVT MMRK PRM	—	—	—	$116K	<0.1%
FIDELITY FID FOCUSED STOCK 338 * FIDELITY FID INTL CAP APPREC	—	—	—	$110K	<0.1%
FIDELITY FID DIVERSIFD INTL	—	—	—	$109K	<0.1%
TIAA Trust, N.A Impax Sustain Allocation Instl	—	—	—	$98K	<0.1%
VANGUARD Growth Index Adm	—	—	—	$96K	<0.1%
FIDELITY FID SEL UTILITIES	—	—	—	$96K	<0.1%
FIDELITY FID VALUE	—	—	—	$95K	<0.1%
VANGUARD Mid Cap Index Adm	—	—	—	$92K	<0.1%
FIDELITY FID FREEDOM 2045 K	—	—	—	$91K	<0.1%
TIAA Plan Loan Default Fund	—	—	—	$89K	<0.1%
FIDELITY FID EQUITY INC	—	—	—	$87K	<0.1%
Similar Party Collateral, Par, or Maturity Value Cost** Value * TIAA Access Nuv LifCyc 2055 T4	—	—	—	$87K	<0.1%
FIDELITY FID LEVERGD CO STK	—	—	—	$87K	<0.1%
TIAA Traditional Non Benefit Responsive 2	—	—	—	$82K	<0.1%
FIDELITY FID VALUE STRAT	—	—	—	$76K	<0.1%
FIDELITY FID INTL SMALL CAP	—	—	—	$76K	<0.1%
FIDELITY FID SEL ENERGY	—	—	—	$75K	<0.1%
TIAA Plan Loan Default Fund	—	—	—	$72K	<0.1%
VANGUARD Short-Term Invest Grade Adm	—	—	—	$68K	<0.1%
FIDELITY FID SEL DEFENSE	—	—	—	$66K	<0.1%
FIDELITY FID GOVT MMKT	—	—	—	$66K	<0.1%
TIAA Trust, N.A DFA Emerging Mark CorEqPort I	—	—	—	$65K	<0.1%
VANGUARD Interm-Term Invst Grade Adm	—	—	—	$63K	<0.1%
FIDELITY FID SEL BIOTECH	—	—	—	$63K	<0.1%
FIDELITY FID SEL HEALTHCARE	—	—	—	$62K	<0.1%
FIDELITY FID SMALL CAP STOCK	—	—	—	$61K	<0.1%
FIDELITY FID OTC PORTFOLIO	—	—	—	$60K	<0.1%
FIDELITY FID SEL TEC HARDWARE	—	—	—	$49K	<0.1%
VALIC STOCK INDEX FUND	—	—	—	$47K	<0.1%
FIDELITY FID INTL SUSTN IDX	—	—	—	$47K	<0.1%
FIDELITY FID FREEDOM 2035 K	—	—	—	$47K	<0.1%
FIDELITY FID SEL GOLD	—	—	—	$44K	<0.1%
TIAA Trust, N.A Impax Sustain Allocation Instl	—	—	—	$43K	<0.1%
FIDELITY FID GLB COMDTY STK	—	—	—	$42K	<0.1%
VALIC VANGUARD WINDSOR II	—	—	—	$42K	<0.1%
FIDELITY FID DIVIDEND GR	—	—	—	$41K	<0.1%
FIDELITY FID FREEDOM 2025 K	—	—	—	$41K	<0.1%
FIDELITY FID FREEDOM 2050 K	—	—	—	$38K	<0.1%
FIDELITY FID GROWTH DISC	—	—	—	$38K	<0.1%
VALIC MID CAP STRATEGIC GWTH	—	—	—	$38K	<0.1%
FIDELITY FID CHINA REGION	—	—	—	$37K	<0.1%
FIDELITY FID SEL AUTOMOTIVE	—	—	—	$37K	<0.1%
FIDELITY FID FLOAT RT HI INC	—	—	—	$36K	<0.1%
FIDELITY FID FIDELITY FUND	—	—	—	$35K	<0.1%
FIDELITY FID INTL INDEX	—	—	—	$34K	<0.1%
TIAA Trust, N.A Cohen & Steers Real Est Sec Z	—	—	—	$34K	<0.1%
VALIC LARGE CAPITAL GROWTH	—	—	—	$30K	<0.1%
TIAA Access Nuv LifCyc 2015 T4	—	—	—	$30K	<0.1%
FIDELITY FID SEL BIOTECH 669 * FIDELITY FID GOV CASH RESERVE 92 * FIDELITY FID SEL HEALTHCARE	—	—	—	$29K	<0.1%
FIDELITY FID FREEDOM 2055 K	—	—	—	$28K	<0.1%
FIDELITY FID US BOND IDX	—	—	—	$27K	<0.1%
VALIC SHORT TERM FIXED ACCOUNT 832 * VALIC SMALL CAP GROWTH FUND	—	—	—	$25K	<0.1%
Similar Party Collateral, Par, or Maturity Value Cost** Value * VALIC GROWTH FUND	—	—	—	$23K	<0.1%
FIDELITY FID EMERGING ASIA 146 * FIDELITY FID HIGH INCOME 559 * FIDELITY FID GOVT MMKT	—	—	—	$21K	<0.1%
FIDELITY FID ASSET MGR 50%	—	—	—	$18K	<0.1%
FIDELITY FID FREEDOM 2020 K 894 * FIDELITY FID FREEDOM 2025 K	—	—	—	$17K	<0.1%
FIDELITY FID NATURAL RES	—	—	—	$17K	<0.1%
FIDELITY FID INTL SM CAP OPP	—	—	—	$17K	<0.1%
INVESCO CASH RESERVE SHARES	—	—	—	$17K	<0.1%
Similar Party Collateral, Par, or Maturity Value Cost** Value * FIDELITY FID STKSEL LGCAP VAL	—	—	—	$16K	<0.1%
FIDELITY FID GROWTH & INC	—	—	—	$16K	<0.1%
VANGUARD Value Index Adm	—	—	—	$16K	<0.1%
VALIC MID CAP INDEX FUND	—	—	—	$16K	<0.1%
FIDELITY FID MID CAP STOCK	—	—	—	$15K	<0.1%
FIDELITY FID EUROPE	—	—	—	$15K	<0.1%
VALIC MODERATE GROWTH LIFESTYLE	—	—	—	$15K	<0.1%
VALIC SMALL CAP VALUE FUND	—	—	—	$14K	<0.1%
VALIC ARIEL FUND	—	—	—	$14K	<0.1%
FIDELITY FID STRAT REAL RET	—	—	—	$14K	<0.1%
VALIC SMALL CAP INDEX FUND	—	—	—	$14K	<0.1%
VALIC CORE BOND FUND 815 * VALIC EMERGING ECONOMIES	—	—	—	$12K	<0.1%
FIDELITY FID GROWTH COMPANY	—	—	—	$11K	<0.1%
FIDELITY FID OVERSEAS	—	—	—	$11K	<0.1%
LINCOLN FIXED ACCOUNT	—	—	—	$10K	<0.1%
FIDELITY FID SEL BANKING	—	—	—	$10K	<0.1%
FIDELITY FID ASSET MGR 20%	—	—	—	$10K	<0.1%
VALIC SCIENCE & TECHNOLOGY FUND	—	—	—	$9K	<0.1%

Showing top 200 of 264 investments by value.