Plan Snapshot
- Plan Sponsor: Mount Saint Mary College
- Sponsor EIN: 141468399
- Sponsor Address: 330 POWELL AVENUE, NEWBURGH, NY, 125503412
- Plan Type: 403(b)
- Total Participants: 336
- Total Assets: $96.2M
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. |
|---|---|---|---|---|
| 2024 | 336 | $96.2M | $799,253 | $1.6M |
| 2023 | 331 | $91.5M | $804,310 | $1.5M |
| 2022 | 314 | $83.8M | $327,746 | $1.4M |
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 |
|---|---|---|---|---|
| FOCUSED WEALTH MANAGEMENT, INC. | NONE | $43,848 | — | $43,848 |
| TIAA | NONE | $22,614 | — | $22,614 |
| PRAGER METIS | NONE | $20,500 | — | $20,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,962
- Estimated Expense Ratio: 0.090% 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 | $87,277 | $44,163 | $22,614 | $20,500 | — |
| 2023 | $97,594 | $61,208 | $16,936 | $19,450 | — |
| 2022 | $67,949 | — | — | — | $59,587 |