Plan Snapshot
- Plan Sponsor: Catawba College
- Sponsor EIN: 560530251
- Sponsor Address: 2300 W. INNES STREET, SALISBURY, NC, 28144
- Plan Type: 403(b)
- Total Participants: 398
- Total Assets: $46.9M
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. |
|---|---|---|---|---|
| 2024 | 398 | $46.9M | $808,119 | $1.2M |
| 2023 | 397 | $43.2M | $721,899 | $1.0M |
| 2022 | 364 | $40.1M | $644,090 | $910,013 |
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 | NONE | $38,945 | — | $38,945 |
| OPPENHEIMER & CO. INC | NONE | $32,841 | — | $32,841 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,786
- Estimated Expense Ratio: 0.153% 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 | $57,758 | $3,128 | $54,490 | — | — |
| 2023 | $33,438 | — | $33,438 | — | — |
| 2022 | $32,573 | — | $32,573 | — | — |