Plan Snapshot
- Plan Sponsor: Ave Maria University
- Sponsor EIN: 030482006
- Sponsor Address: 5050 AVE MARIA BLVD, AVE MARIA, FL, 34142
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 76 | $11.8M | $0 | $0 |
| 2023 | 193 | $10.7M | $0 | $0 |
| 2022 | 213 | $9.9M | $119,027 | $520,418 |
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 |
|---|---|---|---|---|
| MYLER & SZCZYPKA, P.C. | Auditor | $3,748 | — | $3,748 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,748
- Estimated Expense Ratio: 0.032% 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 | $8,914 | — | $5,166 | $3,748 | — |
| 2023 | $10,765 | $7,321 | $3,444 | — | — |
| 2022 | $10,160 | — | $7,218 | — | $2,942 |