# Hanover College 403(b) Plan
Source: https://planprovider.pro/companies/hanover-college-403b-plan

> Hanover College&#39;s 403(b) plan: 307 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hanover College

- **Sponsor EIN:** 350868096

- **Sponsor Address:** 517 BALL DRIVE, HANOVER, IN, 47243

- **Plan Type:** 403(b)

- **Total Participants:** 307

- **Total Assets:** $70.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **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|307|$70.4M|$1.2M|$1.4M|

| 2023|322|$67.7M|$1.2M|$1.3M|

| 2022|311|$59.5M|$1.1M|$1.4M|

## 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|

| KESTRA ADVISORY SERVICES LLC|NONE|$27,500|—|$27,500|

| TIAA|NONE|$6,744|—|$6,744|

| CAPIN CROUSE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KESTRA ADVISORY SERVICES LLC](https://planprovider.pro/provider/sentinel-group) — NONE

- [TIAA](https://planprovider.pro/provider/tiaa-teachers-insurance-and-annuity-association-of-america-college-retirement-equities-fund) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $34,244

- **Estimated Expense Ratio:** 0.049% 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|$34,244|$32,286|$933|—|—|

| 2023|$46,472|$18,268|$441|$27,163|—|

| 2022|$81,079|$68,750|—|—|$7,844|

## Similar Plans

- [American College Of Education, INC.](https://planprovider.pro/companies/american-college-of-education-inc-401k-plan) — 326 participants

- [Purdue Research Foundation](https://planprovider.pro/companies/purdue-research-foundation-403b-plan) — 472 participants

- [Greater Educational Opportunities Foundation](https://planprovider.pro/companies/greater-educational-opportunities-foundation-401k-plan) — 512 participants

- [Wabash College](https://planprovider.pro/companies/wabash-college-403b-plan) — 541 participants

- [Rose-Hulman Institute Of Technology](https://planprovider.pro/companies/rose-hulman-institute-of-technology-403b-plan) — 565 participants

- [Grace Schools](https://planprovider.pro/companies/grace-schools-401k-plan) — 571 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/hanover-college-403b-plan)

&copy; 2026 PlanProvider.Pro
