Plan Snapshot
- Plan Sponsor: Nightingale College, LLC
- Sponsor EIN: 371708791
- Sponsor Address: 175 SOUTH MAIN STREET, SALT LAKE CITY, UT, 84111
- Plan Type: 401(k)
- Total Participants: 697
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 697 | $8.5M | $1.3M | $2.0M |
| 2023 | 518 | $4.4M | $584,009 | $1.2M |
| 2022 | 293 | $2.0M | $355,379 | $614,795 |
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 |
|---|---|---|---|---|
| SPECTRA MANAGEMENT, LLC | Other Service Provider | $23,098 | — | $23,098 |
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $20,850 | — | $20,850 |
| HEALTHEQUITY RETIREMENT SERVICES, L | Other Service Provider | $14,436 | — | $14,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,384
- Estimated Expense Ratio: 0.687% 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 | $59,416 | $23,098 | $35,288 | — | — |
| 2023 | $31,607 | $6,746 | $20,248 | — | — |
| 2022 | $18,958 | — | $18,958 | — | — |