Plan Snapshot
- Plan Sponsor: Lipscomb University
- Sponsor EIN: 620485733
- Sponsor Address: ONE UNIVERSITY PARK DRIVE, NASHVILLE, TN, 37204
- Plan Type: 403(b)
- Total Participants: 1,231
- Total Assets: $152.2M
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 | 1,231 | $152.2M | $2.4M | $4.5M |
| 2023 | 1,342 | $141.4M | $2.2M | $4.1M |
| 2022 | 809 | $122.8M | $2.2M | $3.9M |
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 |
|---|---|---|---|---|
| LBMC, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $161,986 | $94,390 | $205 | — | — |
| 2023 | $153,502 | $93,577 | $2,413 | — | — |
| 2022 | $138,050 | $82,873 | — | — | — |