Plan Snapshot
- Plan Sponsor: Gordon College
- Sponsor EIN: 042104258
- Sponsor Address: 255 GRAPEVINE ROAD, WENHAM, MA, 01984
- Plan Type: Health & Welfare
- Plan Number: 507
- Total Participants: 112
- Total Assets: $1.7M
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 | 112 | $1.7M | $0 | $2,675 |
| 2023 | 151 | $1.6M | $0 | $3,150 |
| 2022 | 167 | $1.5M | $0 | $3,250 |
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 | Other Service Provider | $29,400 | — | $29,400 |
| EMERITI RETIREMENT HEALTH SOLUTIONS | Other Service Provider | $17,404 | — | $17,404 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,804
- Estimated Expense Ratio: 2.791% 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 | $46,804 | — | $17,404 | $29,400 | — |
| 2023 | $48,248 | — | $18,288 | — | — |
| 2022 | $50,729 | — | $19,229 | — | $31,500 |