Plan Snapshot
- Plan Sponsor: Malone University Human Resources
- Sponsor EIN: 340737794
- Sponsor Address: 2600 CLEVELAND AVE NW, CANTON, OH, 44709
- Plan Type: 403(b)
- Total Participants: 115
- Total Assets: $39.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 115 | $39.3M | $57,432 | $510,617 |
| 2023 | 122 | $37.3M | $56,271 | $493,172 |
| 2022 | 131 | $34.9M | $60,297 | $517,857 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, 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 | $70,923 | $15,212 | $55,711 | — | — |
| 2023 | $64,776 | $7,835 | $56,941 | — | — |
| 2022 | $70,385 | $6,735 | $63,650 | — | — |