# Claflin University 403(b) Plan
Source: https://planprovider.pro/companies/claflin-university-403b-plan-001

> Claflin University's 403(b) plan: 261 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Claflin University

- **Sponsor EIN:** 570314374

- **Sponsor Address:** 400 MAGNOLIA STREET, ORANGEBURG, SC, 29115

- **Plan Type:** 403(b)

- **Total Participants:** 261

- **Total Assets:** $32.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** No

- **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|261|$32.9M|$988,744|$550,972|

| 2023|270|$28.9M|$1.0M|$559,945|

| 2022|269|$25.8M|$888,419|$525,495|

## 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|

| CHERRY BEKAERT LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$11,364|$2,147|—|—|—|

| 2023|$5,299|$840|—|—|—|

| 2022|$1,831|—|—|—|—|

## Similar Plans

- [York Preparatory Academy, INC.](https://planprovider.pro/companies/york-preparatory-academy-inc-plan) — 246 participants

- [Southside Christian School](https://planprovider.pro/companies/southside-christian-school-401k-plan) — 276 participants

- [Legacy Advancement](https://planprovider.pro/companies/legacy-advancement-401k-plan) — 243 participants

- [Hammond School](https://planprovider.pro/companies/hammond-school-403b-plan) — 309 participants

- [Newberry College](https://planprovider.pro/companies/newberry-college-401k-plan) — 211 participants

- [Porter-Gaud School](https://planprovider.pro/companies/porter-gaud-school-403b-plan) — 320 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/claflin-university-403b-plan-001)

© 2026 PlanProvider.Pro