Plan Snapshot
- Plan Sponsor: Hiram College
- Sponsor EIN: 340714670
- Sponsor Address: 11715 GARFIELD ROAD, HIRAM, OH, 44234
- Plan Type: 403(b)
- Total Participants: 227
- Total Assets: $63.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 227 | $63.4M | $200,379 | $529,220 |
| 2023 | 221 | $60.3M | $202,609 | $541,776 |
| 2022 | 225 | $57.1M | $224,022 | $597,355 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $2,744 | — | $2,744 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,744
- Estimated Expense Ratio: 0.004% 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 | $60,055 | $24,840 | $679 | $2,744 | — |
| 2023 | $123,289 | $15,941 | $554 | $11,000 | — |
| 2022 | $35,264 | $3,750 | — | — | $2,742 |