Plan Snapshot
- Plan Sponsor: Lifespan Corporation, Dba Brown University Health
- Sponsor EIN: 222861978
- Sponsor Address: 15 LASALLE SQUARE, PROVIDENCE, RI, 02903
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 19,966
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 19,966 | $1.2B | $56.7M | $107.8M |
| 2023 | 15,838 | $935.8M | $53.0M | $100.4M |
| 2022 | 14,816 | $681.7M | $46.7M | $92.8M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | Recordkeeper | $472,682 | — | $472,682 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $299,272 | — | $299,272 |
| RESOURCE INVESTMENT ADVISORS | Investment Advisor | $51,915 | — | $51,915 |
| CBIZ CPAS P.C. | Auditor | $21,220 | — | $21,220 |
| NIXON PEABODY LLP | ERISA Attorney | $11,615 | — | $11,615 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- RESOURCE INVESTMENT ADVISORS — Investment Advisor
- NIXON PEABODY LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $856,704
- Estimated Expense Ratio: 0.069% 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 | $834,057 | $299,702 | — | — | — |
| 2023 | $646,588 | $220,897 | — | — | — |
| 2022 | $558,334 | $229,199 | $312,522 | — | $16,613 |