Plan Snapshot
- Plan Sponsor: Grand Canyon University
- Sponsor EIN: 472507725
- Sponsor Address: 3300 WEST CAMELBACK ROAD BLDG. 40, PHOENIX, AZ, 85017
- Plan Type: 401(k)
- Total Participants: 8,221
- Total Assets: $158.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 8,221 | $158.3M | $2.2M | $21.0M |
| 2023 | 7,325 | $128.4M | $2.0M | $17.3M |
| 2022 | 6,994 | $99.6M | $1.9M | $16.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $409,289 | — | $409,289 |
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR | $38,500 | — | $38,500 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP LLC — ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $447,789
- Estimated Expense Ratio: 0.283% 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 | $447,789 | $38,500 | $600 | — | — |
| 2023 | $426,724 | $34,000 | — | — | — |
| 2022 | $416,784 | — | — | — | — |