Plan Snapshot
- Plan Sponsor: Mcphs University
- Sponsor EIN: 042104700
- Sponsor Address: 179 LONGWOOD AVENUE, BOSTON, MA, 02115
- Plan Type: DC
- Plan Number: 001
- Total Participants: 720
- Total Assets: $150.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 720 | $150.2M | $8.5M | $0 |
| 2023 | 670 | $131.1M | $8.0M | $0 |
| 2022 | 636 | $111.2M | $7.5M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INV INST OPER COMPANY INC. | Recordkeeper | $65,592 | — | $65,592 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,936 | — | $5,936 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV INST OPER COMPANY INC. — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,528
- Estimated Expense Ratio: 0.048% 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 | $78,691 | $5,936 | $2,244 | $4,919 | — |
| 2023 | -$37,059 | $3,398 | — | — | — |
| 2022 | -$20,259 | $2,635 | $693 | — | — |