Plan Snapshot
- Plan Sponsor: Lesley University
- Sponsor EIN: 042103589
- Sponsor Address: 29 EVERETT ST, CAMBRIDGE, MA, 02138
- Plan Type: 403(b)
- Total Participants: 708
- Total Assets: $196.0M
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. |
|---|---|---|---|---|
| 2024 | 708 | $196.0M | $2.3M | $3.0M |
| 2023 | 713 | $189.6M | $2.5M | $3.1M |
| 2022 | 714 | $173.8M | $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 | NONE | $103,961 | — | $103,961 |
| FIDUCIENT ADVISORS, LLC | NONE | $47,528 | — | $47,528 |
| CBIZ CPAS P.C. | NONE | $19,160 | — | $19,160 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,649
- Estimated Expense Ratio: 0.087% 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 | $171,015 | $47,528 | $1,011 | $19,160 | — |
| 2023 | $151,387 | $36,861 | $2,030 | $20,590 | — |
| 2022 | $170,192 | $52,188 | — | — | $26,715 |