Plan Snapshot
- Plan Sponsor: Kettering University
- Sponsor EIN: 382410852
- Sponsor Address: 1700 UNIVERSITY AVENUE, FLINT, MI, 48504
- Plan Type: 403(b)
- Total Participants: 348
- Total Assets: $201.1M
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 | 348 | $201.1M | $2.2M | $2.0M |
| 2023 | 364 | $189.0M | $2.2M | $2.0M |
| 2022 | 357 | $180.2M | $2.2M | $2.0M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.005% 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 | $426,618 | $118,151 | — | $11,000 | — |
| 2023 | $379,993 | $89,265 | — | $5,500 | — |
| 2022 | $327,846 | $38,613 | — | — | $12,975 |