Plan Snapshot
- Plan Sponsor: Northeastern University
- Sponsor EIN: 041679980
- Sponsor Address: 360 HUNTINGTON AVENUE, BOSTON, MA, 021155005
- Plan Type: 403(b)
- Total Participants: 9,197
- Total Assets: $2.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 9,197 | $2.6B | $61.8M | $65.3M |
| 2023 | 9,316 | $2.3B | $50.0M | $56.6M |
| 2022 | 9,231 | $1.9B | $42.0M | $46.3M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP | NONE | $100,000 | — | $100,000 |
| FIDELITY INV. INST. OPS. CO. | NONE | $55,171 | — | $55,171 |
| ROPES & GRAY, LLP | NONE | $36,632 | — | $36,632 |
| GRANT THORNTON LLP | NONE | $30,500 | — | $30,500 |
| TIAA | NONE | $14,053 | — | $14,053 |
| GRANT THORNTON ADVISORS LLC | NONE | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP — NONE
- FIDELITY INV. INST. OPS. CO. — NONE
- GRANT THORNTON LLP — NONE
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,356
- Estimated Expense Ratio: 0.009% 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 | $245,356 | $100,000 | — | $30,500 | — |
| 2023 | $171,118 | $75,000 | — | $20,970 | — |
| 2022 | $179,612 | — | — | — | $85,028 |