Plan Snapshot
- Plan Sponsor: Clark University
- Sponsor EIN: 042111203
- Sponsor Address: 950 MAIN STREET, WORCESTER, MA, 016101477
- Plan Type: 403(b)
- Total Participants: 854
- Total Assets: $377.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 854 | $377.6M | $5.4M | $5.6M |
| 2023 | 709 | $351.0M | $5.1M | $5.4M |
| 2022 | 697 | $309.3M | $4.9M | $5.2M |
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 |
|---|---|---|---|---|
| STOWE AND DEGON, LLC | 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 | $224,271 | $77,819 | $4,000 | — | — |
| 2023 | $196,985 | $60,129 | — | $16,200 | — |
| 2022 | $186,938 | $43,809 | — | — | $15,850 |