Plan Snapshot
- Plan Sponsor: Cornell University
- Sponsor EIN: 150532082
- Sponsor Address: 130 DAY HALL, ITHACA, NY, 14850
- Plan Type: 403(b)
- Total Participants: 12,526
- Total Assets: $1.6B
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 | 12,526 | $1.6B | $0 | $82.6M |
| 2023 | 12,685 | $1.4B | $0 | $69.5M |
| 2022 | 5,894 | $1.1B | $0 | $63.6M |
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 |
|---|---|---|---|---|
| ROPES & GRAY, LLP | NONE | $152,154 | — | $152,154 |
| BCA WATSON RICE LLP | NONE | $91,860 | — | $91,860 |
| TIAA | NONE | $55,040 | — | $55,040 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $299,054
- Estimated Expense Ratio: 0.019% 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 | $299,054 | — | $10,965 | $91,860 | — |
| 2023 | $85,119 | $20,529 | — | $29,200 | — |
| 2022 | $33,025 | — | — | — | $10,000 |