Plan Snapshot
- Plan Sponsor: Excelsior Academy
- Sponsor EIN: 260806243
- Sponsor Address: 124 EAST ERDA WAY, ERDA, UT, 84074
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 148
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 148 | $6.3M | $471,906 | $341,255 |
| 2023 | 130 | $5.0M | $449,651 | $318,080 |
| 2022 | 134 | $3.8M | $406,146 | $289,338 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $36,180 | — | $36,180 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $19,614 | — | $19,614 |
| EMPOWER ADVISORY GROUP. LLC | Investment Advisor | $5,839 | — | $5,839 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,633
- Estimated Expense Ratio: 0.975% 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 | $64,277 | — | $1,360 | — | — |
| 2023 | $50,449 | — | — | — | — |
| 2022 | $39,685 | — | — | — | — |