Plan Snapshot
- Plan Sponsor: American Student Assistance D/B/A American Student Assistance
- Sponsor EIN: 042254705
- Sponsor Address: 33 ARCH STREET, BOSTON, MA, 02110
- Plan Type: 403(b)
- Total Participants: 79
- Total Assets: $38.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 79 | $38.2M | $699,125 | $973,122 |
| 2023 | 73 | $33.9M | $715,506 | $968,234 |
| 2022 | 79 | $29.1M | $693,309 | $901,088 |
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 | $1,900 | — | $1,700 | — | — |
| 2023 | $4,414 | — | — | — | — |
| 2022 | $11,528 | — | — | — | $11,528 |