Plan Snapshot
- Plan Sponsor: High Point University
- Sponsor EIN: 560529999
- Sponsor Address: ONE UNIVERSITY PARKWAY, HIGH POINT, NC, 272680001
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 1,907
- Total Assets: $174.4M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,907 | $174.4M | $0 | $0 |
| 2024 | 1,082 | $155.6M | $4.0M | $6.0M |
| 2023 | 987 | $139.4M | $3.6M | $5.5M |
| 2022 | 919 | $122.6M | $3.5M | $5.1M |
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 |
|---|---|---|---|---|
| TIAA | Other Service Provider | $96,614 | — | $96,614 |
| CBIZ INVESTMENT ADVISORY SERVICES | Other Service Provider | $92,344 | — | $92,344 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $188,958
- Estimated Expense Ratio: 0.108% 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 |
|---|---|---|---|---|---|
| 2025 | $14,793,915 | $353,103 | $126,840 | — | — |
| 2024 | $537,583 | $351,378 | $121,816 | — | — |
| 2023 | $425,817 | $208,442 | $72,520 | $4,300 | — |
| 2022 | $284,436 | $8,480 | $90,501 | — | — |