Plan Snapshot
- Plan Sponsor: Independent Colleges Of Indiana Association, INC
- Sponsor EIN: 310901001
- Sponsor Address: 601 S. MERIDIAN STREET, INDIANAPOLIS, IN, 46225
- Plan Type: 403(b)
- Total Participants: 2,971
- Total Assets: $480.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,971 | $480.6M | $9.3M | $8.7M |
| 2023 | 2,722 | $448.5M | $8.5M | $8.4M |
| 2022 | 2,684 | $408.7M | $8.3M | $8.3M |
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 |
|---|---|---|---|---|
| MILLENIUM ADVISORY SVCS, INC | INVESTMENT ADVISOR | $509,592 | — | $509,592 |
| PLANPILOT | PLAN INVESTMENT ADVISOR | $199,245 | — | $199,245 |
| PENTEGRA SERVICES, INC | ADMINISTRATOR | $165,488 | — | $165,488 |
| TIAA | INVESTMENT PROVIDER | $139,713 | — | $139,713 |
| CLIFTON LARSON ALLEN LLP | AUDITOR | $29,815 | — | $29,815 |
| PRM CONSULTING INC | CONSULTING | $27,000 | — | $27,000 |
| LAW OFFICES OF ALLEN T STEINBERG PC | ATTORNEY | $12,756 | — | $12,756 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — INVESTMENT PROVIDER
- CLIFTON LARSON ALLEN LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,083,609
- Estimated Expense Ratio: 0.225% 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 | $1,083,548 | — | $607,006 | — | — |
| 2023 | $992,810 | — | $615,241 | $2,015 | — |
| 2022 | $939,461 | $345,047 | $586,239 | — | — |