Plan Snapshot
- Plan Sponsor: Cornell University
- Sponsor EIN: 150532082
- Sponsor Address: 395 PINE TREE ROAD, ITHACA, NY, 14850
- Plan Type: 403(b)
- Total Participants: 15,104
- Total Assets: $3.0B
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 | 15,104 | $3.0B | $82.5M | $0 |
| 2023 | 14,648 | $2.8B | $76.0M | $0 |
| 2022 | 14,383 | $2.4B | $69.9M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INV. INS. OPS. CO. INC. | NONE | $248,507 | — | $248,507 |
| CAPFINANCIAL PARTNERS, LLC | NONE | $100,919 | — | $100,919 |
| BONADIO & CO. LLP | NONE | $34,000 | — | $34,000 |
| NEW HORIZON FINANCIAL STRATEGIES | NONE | $15,260 | — | $15,260 |
| CORNELL POCHILY INVESTMENT ADVISORS | NONE | $13,291 | — | $13,291 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV. INS. OPS. CO. INC. — NONE
- BONADIO & CO. LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $411,977
- Estimated Expense Ratio: 0.014% 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 | $417,867 | $135,363 | — | $34,000 | — |
| 2023 | $303,379 | $82,801 | — | $22,252 | — |
| 2022 | $229,006 | $229,006 | — | — | — |