Plan Snapshot
- Plan Sponsor: Lowell School, INC.
- Sponsor EIN: 521220544
- Sponsor Address: 1640 KALMIA RD NW, WASHINGTON, DC, 200121126
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 126
- Total Assets: $18.7M
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. |
|---|---|---|---|---|
| 2023 | 126 | $18.7M | $458,536 | $411,811 |
| 2022 | 126 | $15.7M | $442,173 | $396,317 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC. | Investment Advisor | $20,770 | — | $20,770 |
| TIAA | Recordkeeper | $15,150 | — | $15,150 |
| FLEXPATH STRATEGIES, LLC | Other Service Provider | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC. — Investment Advisor
- TIAA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,420
- Estimated Expense Ratio: 0.227% 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 |
|---|---|---|---|---|---|
| 2023 | $42,421 | $6,500 | $35,696 | — | — |
| 2022 | $7,324 | $1,939 | $5,385 | — | — |