Plan Snapshot
- Plan Sponsor: Nichols College
- Sponsor EIN: 042104778
- Sponsor Address: 123 CENTER ROAD, DUDLEY, MA, 01571
- Plan Type: 403(b)
- Total Participants: 307
- Total Assets: $40.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 307 | $40.0M | $0 | $0 |
| 2024 | 313 | $38.9M | $0 | $0 |
| 2023 | 302 | $36.1M | $0 | $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 |
|---|---|---|---|---|
| BOLLUS LYNCH, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $77,616 | $29,037 | — | — | — |
| 2024 | $72,024 | $29,704 | — | — | — |
| 2023 | $67,639 | — | — | — | — |