Plan Snapshot
- Plan Sponsor: Neumann University
- Sponsor EIN: 231657958
- Sponsor Address: ONE NEUMANN DRIVE, ASTON, PA, 190141298
- Plan Type: 403(b)
- Total Participants: 452
- Total Assets: $63.4M
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 | 452 | $63.4M | $797,680 | $1.2M |
| 2023 | 443 | $58.9M | $893,786 | $1.3M |
| 2022 | 439 | $54.1M | $930,014 | $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 |
|---|---|---|---|---|
| TIAA | RECORDKEEPER | $31,692 | — | $31,692 |
| FLEXPATH STRATEGIES LLC | INVESTMENT MANAGER | $28,485 | — | $28,485 |
| NFP RETIREMENT, INC | ADVISOR | $17,514 | — | $17,514 |
| BROWN, EDWARDS & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — RECORDKEEPER
- NFP RETIREMENT, INC — ADVISOR
- BROWN, EDWARDS & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,691
- Estimated Expense Ratio: 0.123% 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 | $79,641 | — | $51,156 | — | — |
| 2023 | $49,492 | — | $49,492 | — | — |
| 2022 | $133,215 | $25,006 | $108,208 | — | — |