Plan Snapshot
- Plan Sponsor: Brooks School
- Sponsor EIN: 042130844
- Sponsor Address: 1160 GREAT POND ROAD, NORTH ANDOVER, MA, 01845
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 171
- Total Assets: $66.7M
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 | 171 | $66.7M | $1.4M | $1.2M |
| 2023 | 167 | $61.1M | $1.3M | $1.1M |
| 2022 | 252 | $55.0M | $1.2M | $1.1M |
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 |
|---|---|---|---|---|
| TIAA | Recordkeeper | $75,290 | — | $75,290 |
| FIDUCIENT ADVISORS, LLC | Other Service Provider | $31,250 | — | $31,250 |
| CBIZ CPAS P.C. | Other Service Provider | $18,900 | — | $18,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,440
- Estimated Expense Ratio: 0.188% 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 | $125,440 | $31,250 | — | $18,900 | — |
| 2023 | $102,502 | $25,000 | — | $15,000 | — |
| 2022 | $55,323 | $41,120 | — | — | — |