Plan Snapshot
- Plan Sponsor: Aspire Living & Learning, INC.
- Sponsor EIN: 030284103
- Sponsor Address: PO BOX 1004, MONTPELIER, VT, 05601
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 1,313
- Total Assets: $30.4M
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. |
|---|---|---|---|---|
| 2025 | 1,313 | $30.4M | $0 | $0 |
| 2024 | 1,080 | $27.8M | $669,292 | $2.0M |
| 2023 | 1,003 | $24.7M | $782,011 | $2.0M |
| 2022 | 1,007 | $20.9M | $825,612 | $2.0M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Other Service Provider | $131,838 | — | $131,838 |
| FIDUCIENT ADVISORS LLC | Investment Advisor | $36,880 | — | $36,880 |
| BDMP ASSURANCE, LLP | Auditor | $12,825 | — | $12,825 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,543
- Estimated Expense Ratio: 0.597% 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 |
|---|---|---|---|---|---|
| 2025 | $4,778,983 | $36,880 | $131,838 | $12,825 | — |
| 2024 | $124,947 | $37,560 | $39,279 | — | — |
| 2023 | $80,388 | $80,388 | — | — | — |
| 2022 | $64,448 | $64,448 | — | — | — |