Plan Snapshot
- Plan Sponsor: Carthage College
- Sponsor EIN: 370661496
- Sponsor Address: 2001 ALFORD PARK DRIVE, KENOSHA, WI, 53140
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 1,026
- Total Assets: $145.2M
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. |
|---|---|---|---|---|
| 2025 | 1,026 | $145.2M | $0 | $0 |
| 2024 | 510 | $131.4M | $1.4M | $1.6M |
| 2023 | 492 | $123.2M | $1.3M | $1.6M |
| 2022 | 382 | $111.8M | $1.1M | $1.6M |
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 |
|---|---|---|---|---|
| GALLAGER BENEFIT SERVICES, INC. | Other Service Provider | $75,129 | — | $75,129 |
| TIAA-TEACHERS INSURANCE & ANNUITY | Other Service Provider | $47,917 | — | $47,917 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,046
- Estimated Expense Ratio: 0.085% 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 |
|---|---|---|---|---|---|
| 2025 | $9,127,502 | $9,878 | $112,743 | — | — |
| 2024 | $109,209 | $8,702 | $99,252 | — | — |
| 2023 | $109,523 | $6,472 | $102,269 | — | — |
| 2022 | $101,751 | $5,357 | $96,394 | — | — |