Plan Snapshot
- Plan Sponsor: Lynn University, INC.
- Sponsor EIN: 591023117
- Sponsor Address: 3601 N. MILITARY TRAIL, BOCA RATON, FL, 334315507
- Plan Type: 403(b)
- Total Participants: 544
- Total Assets: $88.4M
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 | 544 | $88.4M | $2.1M | $3.3M |
| 2023 | 548 | $80.5M | $1.9M | $3.0M |
| 2022 | 521 | $70.3M | $1.6M | $2.7M |
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 |
|---|---|---|---|---|
| GRANT THORNTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON, LLP — 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 | $68,638 | — | $48,160 | — | — |
| 2023 | $56,694 | — | $39,720 | — | — |
| 2022 | $54,514 | $17,347 | $37,167 | — | — |