Plan Snapshot
- Plan Sponsor: Butler University
- Sponsor EIN: 350867977
- Sponsor Address: 4600 SUNSET BLVD., INDIANAPOLIS, IN, 462083443
- Plan Type: 403(b)
- Total Participants: 3,941
- Total Assets: $373.4M
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 | 3,941 | $373.4M | $8.0M | $7.5M |
| 2023 | 3,281 | $343.1M | $7.3M | $6.8M |
| 2022 | 1,086 | $305.6M | $6.7M | $6.1M |
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 - TEACHERS INS & ANNUITY ASSOC | CUSTODIAN | $194,724 | — | $194,724 |
| PLANPILOT, LLC | TPA | $36,851 | — | $36,851 |
| PENTEGRA SERVICES, INC | ADMINISTRATOR | $32,395 | — | $32,395 |
| FORVIS MAZARS, LLP | AUDITOR | $31,180 | — | $31,180 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA - TEACHERS INS & ANNUITY ASSOC — CUSTODIAN
- FORVIS MAZARS, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $295,150
- Estimated Expense Ratio: 0.079% 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 | $292,500 | — | $292,499 | $1 | — |
| 2023 | $221,991 | — | $221,990 | — | — |
| 2022 | $194,189 | — | $194,189 | — | — |