Plan Snapshot
- Plan Sponsor: Elon University
- Sponsor EIN: 560532303
- Sponsor Address: 314 WEST HAGGARD AVE, CAMPUS BOX, ELON, NC, 27244
- Plan Type: 403(b)
- Total Participants: 883
- Total Assets: $90.9M
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 | 883 | $90.9M | $0 | $4.5M |
| 2023 | 850 | $83.1M | $0 | $4.2M |
| 2022 | 800 | $72.3M | $0 | $4.0M |
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 |
|---|---|---|---|---|
| GRANT THORNTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $94,216 | $41,453 | — | — | — |
| 2023 | $57,076 | $45,519 | — | — | — |
| 2022 | $48,114 | $6,917 | — | — | $39,712 |