Plan Snapshot
- Plan Sponsor: Calvin University
- Sponsor EIN: 383071514
- Sponsor Address: 3201 BURTON STREET, SE, GRAND RAPIDS, MI, 495464391
- Plan Type: 403(b)
- Total Participants: 1,188
- Total Assets: $234.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 1,188 | $234.7M | $3.6M | $3.8M |
| 2023 | 1,118 | $219.1M | $3.0M | $3.4M |
| 2022 | 697 | $203.8M | $2.0M | $3.5M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $10,700 | — | $10,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,700
- Estimated Expense Ratio: 0.005% 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 | $255,084 | $99,853 | $144,531 | $10,700 | — |
| 2023 | $241,360 | $103,565 | $129,095 | $8,700 | — |
| 2022 | $257,558 | $100,000 | $157,558 | — | — |