Plan Snapshot
- Plan Sponsor: Knox College
- Sponsor EIN: 370673513
- Sponsor Address: 2 E SOUTH STREET, GALESBURG, IL, 61401
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 826
- Total Assets: $118.6M
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 | 826 | $118.6M | $0 | $0 |
| 2024 | 355 | $110.3M | $970,431 | $1.5M |
| 2023 | 330 | $105.6M | $797,827 | $1.6M |
| 2022 | 336 | $96.5M | $809,651 | $1.5M |
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 | Recordkeeper | $85,781 | — | $85,781 |
| PLANPILOT, LLC | Investment Advisor | $26,000 | — | $26,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,781
- Estimated Expense Ratio: 0.094% 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 | $9,971,375 | — | $114,931 | — | — |
| 2024 | $112,303 | — | $112,303 | — | — |
| 2023 | $92,348 | — | $92,348 | — | — |
| 2022 | $88,667 | — | $53,956 | — | $34,711 |