Plan Snapshot
- Plan Sponsor: Mcpherson College
- Sponsor EIN: 480543736
- Sponsor Address: 1600 E. EUCLID ST., MCPHERSON, KS, 674603899
- Plan Type: 403(b)
- Total Participants: 182
- Total Assets: $23.0M
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 | 182 | $23.0M | $854,334 | $328,818 |
| 2023 | 202 | $22.4M | $794,088 | $290,303 |
| 2022 | 193 | $19.6M | $734,828 | $253,071 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $53,434 | — | $53,434 |
| MARINER WEALTH ADVISORS, LLC | ADVISOR | $30,157 | — | $30,157 |
| SWINDOLL, JANZEN, HAWK & LOYD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- SWINDOLL, JANZEN, HAWK & LOYD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,591
- Estimated Expense Ratio: 0.364% 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 | $83,591 | $30,157 | $53,434 | — | — |
| 2023 | $66,906 | $24,218 | $42,688 | — | — |
| 2022 | $48,777 | $16,652 | $32,125 | — | — |