Plan Snapshot
- Plan Sponsor: Fairleigh Dickinson University
- Sponsor EIN: 221494434
- Sponsor Address: 1000 RIVER RD., TEANECK, NJ, 07666
- Plan Type: 403(b)
- Total Participants: 2,127
- Total Assets: $138.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,127 | $138.3M | $0 | $3.5M |
| 2023 | 600 | $133.4M | $0 | $3.5M |
| 2022 | 608 | $116.4M | $0 | $3.5M |
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 |
|---|---|---|---|---|
| TIAA | NONE | $49,634 | — | $49,634 |
| COHNREZNICK LLP | NONE | $12,558 | — | $12,558 |
| FIDUCIENT ADVISORS, LLC | NONE | $10,900 | — | $10,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- COHNREZNICK LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,092
- Estimated Expense Ratio: 0.053% 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 | $73,092 | $10,900 | — | $12,558 | — |
| 2023 | $58,718 | $10,582 | — | $7,245 | — |
| 2022 | $59,325 | $12,823 | — | — | $8,090 |