# Long Island University 403(b) Plan
Source: https://planprovider.pro/companies/long-island-university-403b-plan-001

> Long Island University's 403(b) plan: 1,915 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Long Island University

- **Sponsor EIN:** 111633516

- **Sponsor Address:** 700 NORTHERN BOULEVARD, BROOKVILLE, NY, 11548

- **Plan Type:** 403(b)

- **Total Participants:** 1,915

- **Total Assets:** $1.1B

## 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|1,915|$1.1B|$6.9M|$8.7M|

## 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|$275,780|—|$275,780|

| BDO USA, P.C.|NONE|$30,652|—|$30,652|

| GOLDMAN SACHS ASSET MGT. L.P.|NONE|$26,250|—|$26,250|

| NIXON PEABODY LLP|NONE|$21,420|—|$21,420|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TIAA](https://planprovider.pro/provider/tiaa-teachers-insurance-and-annuity-association-of-america-college-retirement-equities-fund) — NONE

- [BDO USA, P.C.](https://planprovider.pro/provider/bdo-usa-pc) — NONE

- [GOLDMAN SACHS ASSET MGT. L.P.](https://planprovider.pro/provider/goldman-sachs) — NONE

- [NIXON PEABODY LLP](https://planprovider.pro/provider/nixon-peabody-llp) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $354,102

- **Estimated Expense Ratio:** 0.033% 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|$354,102|$26,250|—|$30,652|—|

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