Plan Snapshot
- Plan Sponsor: Freed-Hardeman University
- Sponsor EIN: 620518288
- Sponsor Address: 158 MAIN STREET EAST, HENDERSON, TN, 38340
- Plan Type: 403(b)
- Plan Number: 004
- Total Participants: 480
- Total Assets: $47.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 480 | $47.1M | $430,821 | $1.1M |
| 2023 | 330 | $45.7M | $433,645 | $1.1M |
| 2022 | 330 | $41.0M | $390,265 | $949,866 |
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 |
|---|---|---|---|---|
| ATA, PC | Auditor | — | — | $0 |
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 | $161,595 | — | — | — | — |
| 2023 | $153,888 | — | — | — | — |
| 2022 | $151,232 | — | — | — | $151,232 |