Plan Snapshot
- Plan Sponsor: Hofstra University
- Sponsor EIN: 111630906
- Sponsor Address: 128 HOFSTRA UNIV, PHILLIPS HALL 100, HEMPSTEAD, NY, 115492050
- Plan Type: 403(b)
- Total Participants: 2,298
- Total Assets: $1.3B
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,298 | $1.3B | $17.5M | $17.7M |
| 2023 | 2,309 | $1.2B | $17.0M | $16.9M |
| 2022 | 2,305 | $1.0B | $16.6M | $16.2M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — 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 | $310,709 | — | $310,709 | — | — |
| 2023 | $307,336 | — | $307,336 | — | — |
| 2022 | $216,849 | $216,849 | — | — | — |