Plan Snapshot
- Plan Sponsor: College Foundation, INC.
- Sponsor EIN: 566046937
- Sponsor Address: 2917 HIGHWOODS BLVD, RALEIGH, NC, 27604
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 144
- Total Assets: $38.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 144 | $38.3M | $497,571 | $990,617 |
| 2023 | 141 | $36.7M | $473,248 | $948,742 |
| 2022 | 143 | $33.3M | $485,274 | $951,202 |
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 |
|---|---|---|---|---|
| COLLEGE FOUNDATION | Other Service Provider | $17,850 | — | $17,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,850
- Estimated Expense Ratio: 0.047% 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 | $18,425 | — | $18,425 | — | — |
| 2023 | $32,026 | — | $32,026 | — | — |
| 2022 | $123 | — | $123 | — | — |