Plan Snapshot
- Plan Sponsor: Clarkson University
- Sponsor EIN: 150543659
- Sponsor Address: 8 CLARKSON AVENUE, CU BOX 5542, POTSDAM, NY, 13699
- Plan Type: 403(b)
- Total Participants: 772
- Total Assets: $372.7M
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 | 772 | $372.7M | $4.2M | $4.4M |
| 2023 | 804 | $351.2M | $4.4M | $4.5M |
| 2022 | 714 | $321.4M | $4.5M | $4.5M |
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 |
|---|---|---|---|---|
| MCSOLEY MCCOY & CO | Auditor | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,000
- Estimated Expense Ratio: 0.004% 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 | $184,958 | $39,731 | $726 | $14,000 | — |
| 2023 | $176,327 | $38,574 | $475 | $13,556 | — |
| 2022 | $148,830 | $37,718 | — | — | — |