Plan Snapshot
- Plan Sponsor: Cambridge College
- Sponsor EIN: 510163080
- Sponsor Address: 500 RUTHERFORD AVENUE, BOSTON, MA, 02129
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 291
- Total Assets: $47.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 291 | $47.0M | $825,922 | $623,773 |
| 2022 | 780 | $42.3M | $908,956 | $664,329 |
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 |
|---|---|---|---|---|
| WITHUM BROWN SMITH, P.C | Auditor | $14,950 | — | $14,950 |
| KESTRA ADVISORY SERVICES LLC | Recordkeeper | $9,000 | — | $9,000 |
| THE ANGELL PENSION GROUP, INC | Other Service Provider | $7,505 | — | $7,505 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM BROWN SMITH, P.C — Auditor
- KESTRA ADVISORY SERVICES LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,455
- Estimated Expense Ratio: 0.067% 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 |
|---|---|---|---|---|---|
| 2023 | $39,776 | $730 | $38,030 | — | — |
| 2022 | $26,082 | $157 | $25,925 | — | — |