Plan Snapshot
- Plan Sponsor: Bentley University
- Sponsor EIN: 041081650
- Sponsor Address: 175 FOREST STREET, WALTHAM, MA, 024524713
- Plan Type: 403(b)
- Total Participants: 1,279
- Total Assets: $500.5M
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 | 1,279 | $500.5M | $9.3M | $9.7M |
| 2023 | 1,230 | $453.7M | $8.6M | $8.7M |
| 2022 | 1,171 | $406.8M | $8.3M | $8.1M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $154,521 | — | $154,521 |
| TIAA | CONTRACT ADMIN | $112,678 | — | $112,678 |
| CAPFINANCIAL PARTNERS LLC | INVESTMENT ADVISOR | $19,784 | — | $19,784 |
| BAKER TILLY US, LLP | LEGAL | $8,450 | — | $8,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- TIAA — CONTRACT ADMIN
- BAKER TILLY US, LLP — LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $295,433
- Estimated Expense Ratio: 0.059% 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 | $295,433 | $19,784 | $112,678 | $8,450 | — |
| 2023 | $264,273 | $29,136 | $87,091 | $7,950 | — |
| 2022 | $260,329 | — | $67,261 | — | — |