Plan Snapshot
- Plan Sponsor: Herzing University, Ltd
- Sponsor EIN: 271503981
- Sponsor Address: 275 W. WISCONSIN AVE., MILWAUKEE, WI, 53203
- Plan Type: 401(k)
- Total Participants: 1,634
- Total Assets: $61.9M
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 | 1,634 | $61.9M | $1.6M | $4.9M |
| 2023 | 1,463 | $53.9M | $1.8M | $4.8M |
| 2022 | 1,420 | $43.7M | $1.6M | $4.7M |
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 |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
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 | $203,414 | $57,065 | — | — | — |
| 2023 | $176,393 | $51,237 | — | — | — |
| 2022 | $169,193 | $7,569 | — | — | — |