Plan Snapshot
- Plan Sponsor: Margaret Woodbury Strong Museum
- Sponsor EIN: 160954168
- Sponsor Address: 1 MANHATTAN SQUARE, ROCHESTER, NY, 146073941
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 499
- Total Assets: $26.2M
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. |
|---|---|---|---|---|
| 2025 | 499 | $26.2M | $0 | $0 |
| 2024 | 212 | $24.4M | $513,774 | $529,728 |
| 2023 | 228 | $22.5M | $451,580 | $474,758 |
| 2022 | 119 | $19.8M | $382,573 | $419,715 |
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 |
|---|---|---|---|---|
| WEALTH ENHANCEMENT ADVISORY SERVICE | Other Service Provider | $40,654 | — | $40,654 |
| TIAA | Other Service Provider | $27,772 | — | $27,772 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,426
- Estimated Expense Ratio: 0.261% 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 |
|---|---|---|---|---|---|
| 2025 | $2,495,476 | — | $67,086 | — | — |
| 2024 | $48,478 | — | $45,839 | — | — |
| 2023 | $43,269 | — | $41,700 | — | — |
| 2022 | $33,361 | — | $33,361 | — | — |