Plan Snapshot
- Plan Sponsor: Northwestern College
- Sponsor EIN: 420698196
- Sponsor Address: 101 7TH STREET SW, ORANGE CITY, IA, 510411996
- Plan Type: 403(b)
- Plan Number: 003
- Total Participants: 617
- Total Assets: $53.0M
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 | 617 | $53.0M | $0 | $0 |
| 2024 | 296 | $48.6M | $870,719 | $782,168 |
| 2023 | 294 | $46.7M | $833,745 | $799,333 |
| 2022 | 286 | $42.1M | $795,081 | $794,729 |
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 |
|---|---|---|---|---|
| TWO WEST CAPITAL ADVISORS | Other Service Provider | $68,214 | — | $68,214 |
| TIAA | Other Service Provider | $32,817 | — | $32,817 |
| PENTEGRA SERVICES, INC. | Other Service Provider | $21,713 | — | $21,713 |
| COULTER & JUSTUS | Other Service Provider | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,744
- Estimated Expense Ratio: 0.247% 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 |
|---|---|---|---|---|---|
| 2025 | $3,921,375 | — | $130,785 | — | — |
| 2024 | $118,676 | — | $118,327 | — | — |
| 2023 | $108,869 | — | $103,974 | — | — |
| 2022 | $109,698 | — | $109,698 | — | — |