Plan Snapshot
- Plan Sponsor: Loyola University New Orleans
- Sponsor EIN: 720408946
- Sponsor Address: 6363 ST. CHARLES AVENUE,, NEW ORLEANS, LA, 70118
- Plan Type: 403(b)
- Total Participants: 1,273
- Total Assets: $282.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,273 | $282.3M | $887,848 | $3.3M |
| 2023 | 1,158 | $270.0M | $867,576 | $2.3M |
| 2022 | 721 | $188.5M | $872,684 | $1.5M |
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 |
|---|---|---|---|---|
| WEGMANN DAZET, APC | Auditor | $22,639 | — | $22,639 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,639
- Estimated Expense Ratio: 0.008% 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 | $207,281 | $76,530 | $2,557 | $22,639 | — |
| 2023 | $173,224 | $53,376 | $1,416 | $32,457 | — |
| 2022 | $99,282 | $30,525 | — | — | $9,100 |