Plan Snapshot
- Plan Sponsor: Iona University
- Sponsor EIN: 133508093
- Sponsor Address: 715 NORTH AVENUE, NEW ROCHELLE, NY, 10801
- Plan Type: 403(b)
- Plan Number: 003
- Total Participants: 1,631
- Total Assets: $268.0M
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 | 1,631 | $268.0M | $0 | $0 |
| 2024 | 718 | $248.4M | $2.6M | $3.3M |
| 2023 | 693 | $228.9M | $2.5M | $3.3M |
| 2022 | 683 | $213.7M | $2.5M | $3.1M |
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 | $98,295 | — | $98,295 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $52,298 | — | $52,298 |
| BDO USA, P.C. | Other Service Provider | $19,800 | — | $19,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,393
- Estimated Expense Ratio: 0.064% 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 | $20,322,595 | $52,298 | — | $19,800 | — |
| 2024 | $155,458 | $50,775 | — | $18,400 | — |
| 2023 | $153,723 | $49,296 | — | $35,300 | — |
| 2022 | $117,720 | $47,860 | — | — | — |