Plan Snapshot
- Plan Sponsor: Mercer University
- Sponsor EIN: 580566167
- Sponsor Address: 1501 MERCER UNIVERSITY DRIVE, MACON, GA, 312070001
- Plan Type: 403(b)
- Total Participants: 1,938
- Total Assets: $558.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,938 | $558.7M | $10.8M | $7.7M |
| 2023 | 1,961 | $514.4M | $10.2M | $7.2M |
| 2022 | 1,902 | $453.8M | $9.9M | $7.0M |
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 |
|---|---|---|---|---|
| TIAA-TEACHERS INS & ANNUITY ASSOC | Other Service Provider | $191,956 | — | $191,956 |
| SAGEVIEW ADVISORY GROUP LLC | Other Service Provider | $67,500 | — | $67,500 |
| CORPORATION OF MERCER UNIVERSITY | Other Service Provider | $61,310 | — | $61,310 |
| MCNAIR MCLEMORE MIDDLEBROOKS & CO | Auditor | $52,760 | — | $52,760 |
| GUIDESTONE FINANCIAL RESOURCES | Other Service Provider | — | $18,647 | $18,647 |
| EQUITABLE FINANCIAL LIFE INS CO | RECORDKEEPER | — | $8,978 | $8,978 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA-TEACHERS INS & ANNUITY ASSOC — Other Service Provider
- SAGEVIEW ADVISORY GROUP LLC — Other Service Provider
- EQUITABLE FINANCIAL LIFE INS CO — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $401,151
- Estimated Expense Ratio: 0.072% 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 | $130,977 | $67,500 | $2,167 | $52,760 | — |
| 2023 | $119,993 | $67,500 | $2,493 | $50,000 | — |
| 2022 | $209,511 | $68,935 | $92,576 | — | $48,000 |