Plan Snapshot
- Plan Sponsor: Brenau University
- Sponsor EIN: 580566143
- Sponsor Address: 500 WASHINGTON STREET SE, GAINESVILLE, GA, 30501
- Plan Type: 403(b)
- Total Participants: 369
- Total Assets: $67.5M
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 | 369 | $67.5M | $1.1M | $1.9M |
| 2023 | 367 | $63.2M | $1.1M | $2.0M |
| 2022 | 372 | $56.4M | $1.2M | $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 |
|---|---|---|---|---|
| CARR RIGGS AND INGRAM LLC | 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 | $245,767 | — | — | — | — |
| 2023 | $185,876 | — | — | — | — |
| 2022 | $160,474 | $160,474 | — | — | — |