Plan Snapshot
- Plan Sponsor: Houghton University
- Sponsor EIN: 160743045
- Sponsor Address: HUMAN RESOURCES OFFICE,, HOUGHTON, NY, 14744
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 468
- Total Assets: $60.8M
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. |
|---|---|---|---|---|
| 2025 | 468 | $60.8M | $0 | $0 |
| 2024 | 141 | $57.5M | $211,369 | $598,884 |
| 2023 | 145 | $54.5M | $207,110 | $623,231 |
| 2022 | 148 | $51.2M | $215,506 | $658,195 |
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 | $24,551 | — | $24,551 |
| GLOBAL RETIREMENT PARTNERS LLC | Other Service Provider | $22,938 | — | $22,938 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,489
- Estimated Expense Ratio: 0.078% 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 | $4,515,840 | $22,938 | — | $1,700 | — |
| 2024 | $32,833 | $8,975 | — | $8,000 | — |
| 2023 | $24,394 | $8,975 | $15,419 | — | — |
| 2022 | $32,416 | — | — | — | $17,950 |