Plan Snapshot
- Plan Sponsor: Charles R. Drew University Of Medicine And Science
- Sponsor EIN: 956151774
- Sponsor Address: 1731 E 120TH STREET, SUITE 299, LOS ANGELES, CA, 900593051
- Plan Type: DC
- Plan Number: 003
- Total Participants: 574
- Total Assets: $24.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 574 | $24.5M | $0 | $0 |
| 2024 | 100 | $24.5M | $0 | $0 |
| 2023 | 105 | $22.5M | $0 | $0 |
| 2022 | 107 | $20.6M | $0 | $0 |
| 2019 | 115 | $21.2M | $0 | $0 |
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 | Other Service Provider | $9,334 | — | $9,334 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,334
- Estimated Expense Ratio: 0.038% 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 | $2,936,775 | $996 | $8,338 | — | — |
| 2024 | $1,606 | $1,606 | — | — | — |
| 2023 | $1,490 | — | — | — | — |
| 2022 | $1 | — | — | — | — |
| 2019 | $1,828 | — | — | — | — |