Plan Snapshot
- Plan Sponsor: Dakota Wesleyan University
- Sponsor EIN: 460224589
- Sponsor Address: 1200 UNIVERSITY AVENUE, MITCHELL, SD, 573014398
- Plan Type: 403(b)
- Total Participants: 149
- Total Assets: $19.0M
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 | 149 | $19.0M | $320,241 | $449,519 |
| 2023 | 141 | $18.5M | $318,901 | $455,435 |
| 2022 | 144 | $16.9M | $296,086 | $437,869 |
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 |
|---|---|---|---|---|
| TWO WEST CAPITAL ADVISORS | Other Service Provider | $22,833 | — | $22,833 |
| TIAA | Recordkeeper | $12,238 | — | $12,238 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,071
- Estimated Expense Ratio: 0.185% 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 | $38,294 | — | $38,183 | — | — |
| 2023 | $55,745 | — | $52,858 | — | — |
| 2022 | $53,309 | — | $53,309 | — | — |