Plan Snapshot
- Plan Sponsor: Drury University
- Sponsor EIN: 440552049
- Sponsor Address: 900 NORTH BENTON AVE., SPRINGFIELD, MO, 65802
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 793
- Total Assets: $82.3M
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 | 793 | $82.3M | $544,033 | $1.4M |
| 2023 | 559 | $82.4M | $543,556 | $1.5M |
| 2022 | 626 | $79.2M | $541,131 | $1.5M |
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 |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES CO. | Other Service Provider | $123,229 | — | $123,229 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,229
- Estimated Expense Ratio: 0.150% 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 | $123,229 | — | $123,229 | — | — |
| 2023 | $110,639 | — | $110,639 | — | — |
| 2022 | $98,247 | — | $98,247 | — | — |