Plan Snapshot
- Plan Sponsor: Assumption University
- Sponsor EIN: 042105776
- Sponsor Address: 500 SALISBURY STREET, WORCESTER, MA, 01609
- Plan Type: 403(b)
- Total Participants: 568
- Total Assets: $146.2M
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 | 568 | $146.2M | $1.9M | $2.2M |
| 2023 | 568 | $137.2M | $1.8M | $2.2M |
| 2022 | 571 | $123.6M | $1.7M | $2.1M |
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 |
|---|---|---|---|---|
| STOWE & DEGON LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STOWE & DEGON LLC — Auditor
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 | $180,996 | — | $180,996 | — | — |
| 2023 | $157,475 | — | $157,475 | — | — |
| 2022 | $131,488 | — | $131,488 | — | — |