Plan Snapshot
- Plan Sponsor: Lee University
- Sponsor EIN: 620502739
- Sponsor Address: 1120 NORTH OCOEE, CLEVELAND, TN, 373114458
- Plan Type: 403(b)
- Total Participants: 698
- Total Assets: $66.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 698 | $66.5M | $870,936 | $1.1M |
| 2023 | 707 | $63.2M | $1.0M | $1.3M |
| 2022 | 776 | $55.5M | $556,049 | $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 | RECORD KEEPER | $14,350 | — | $14,350 |
| CAPFINANCIAL PARTNERS, LLC | ADVISOR | $13,525 | — | $13,525 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,875
- Estimated Expense Ratio: 0.042% 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 | $27,500 | — | $27,500 | — | — |
| 2023 | $23,095 | — | $23,095 | — | — |
| 2022 | $24,419 | — | $24,419 | — | — |