Plan Snapshot
- Plan Sponsor: American Library Association
- Sponsor EIN: 362166947
- Sponsor Address: 225 N MICHIGAN AVENUE, SUITE 1300, CHICAGO, IL, 60601
- Plan Type: 403(b)
- Total Participants: 193
- Total Assets: $92.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 193 | $92.0M | $946,919 | $1.3M |
| 2023 | 207 | $84.3M | $901,409 | $1.3M |
| 2022 | 187 | $76.9M | $931,692 | $1.3M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Recordkeeper | $62,059 | — | $62,059 |
| TIAA | Recordkeeper | $11,264 | — | $11,264 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Recordkeeper
- TIAA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,323
- Estimated Expense Ratio: 0.080% of plan assets
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 | $73,323 | $63,544 | $50 | — | — |
| 2023 | $61,384 | $57,222 | — | — | — |
| 2022 | $2,424 | $1,409 | — | — | — |