Plan Snapshot
- Plan Sponsor: Concordia College
- Sponsor EIN: 410693977
- Sponsor Address: 901 8TH SOUTH STREET, MOOREHEAD, MN, 56562
- Plan Type: 403(b)
- Total Participants: 644
- Total Assets: $194.2M
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 | 644 | $194.2M | $2.0M | $2.5M |
| 2023 | 648 | $181.9M | $2.0M | $2.5M |
| 2022 | 652 | $163.9M | $1.3M | $2.5M |
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 |
|---|---|---|---|---|
| TIAA | NONE | $80,612 | — | $80,612 |
| PLANPILOT, LLC | NONE | $74,158 | — | $74,158 |
| BAKER TILLY US, LLP | NONE | $17,430 | — | $17,430 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- BAKER TILLY US, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,200
- Estimated Expense Ratio: 0.089% 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 | $173,663 | $74,158 | $3,520 | $17,430 | — |
| 2023 | $144,163 | $57,612 | — | $14,780 | — |
| 2022 | $120,956 | $56,347 | — | — | $17,625 |