Plan Snapshot
- Plan Sponsor: Howard University
- Sponsor EIN: 530204707
- Sponsor Address: 2244 10TH STREET, N.W., SUITE 422, WASHINGTON, DC, 20059
- Plan Type: 403(b)
- Total Participants: 6,688
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 6,688 | $1.2B | $27.7M | $24.2M |
| 2023 | 6,543 | $1.1B | $25.1M | $21.7M |
| 2022 | 5,792 | $1.0B | $22.6M | $21.0M |
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 | CONTRACT ADMINISTRATOR | $571,959 | — | $571,959 |
| VALIC | INVESTMENT MANAGER | $55,411 | — | $55,411 |
| ISLER DARE P.C. | ATTORNEY | $30,884 | — | $30,884 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — CONTRACT ADMINISTRATOR
- VALIC — INVESTMENT MANAGER
- 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: $658,254
- Estimated Expense Ratio: 0.055% 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 | $659,389 | $55,411 | $573,094 | — | — |
| 2023 | $620,228 | $58,280 | $519,431 | — | — |
| 2022 | $969,690 | $55,106 | $499,938 | — | $65,338 |