Plan Snapshot
- Plan Sponsor: American Council On Education
- Sponsor EIN: 530196573
- Sponsor Address: 1 DUPONT CIR NW, WASHINGTON, DC, 200361110
- Plan Type: 403(b)
- Total Participants: 164
- Total Assets: $77.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 164 | $77.2M | $1.4M | $1.2M |
| 2023 | 161 | $71.8M | $978,804 | $1.1M |
| 2022 | 152 | $68.0M | $913,053 | $939,770 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $59,468 | — | $41,385 | — | — |
| 2023 | $37,259 | — | $21,706 | — | — |
| 2022 | $51,961 | — | $28,039 | — | — |