Plan Snapshot
- Plan Sponsor: Norwich University
- Sponsor EIN: 030179424
- Sponsor Address: 158 HARMON DRIVE, NORTHFIELD, VT, 056631000
- Plan Type: 403(b)
- Total Participants: 1,016
- Total Assets: $175.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,016 | $175.8M | $2.7M | $3.0M |
| 2023 | 1,061 | $170.2M | $2.8M | $3.0M |
| 2022 | 1,060 | $154.4M | $2.9M | $3.2M |
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 |
|---|---|---|---|---|
| BDMP ASSURANCE, LLP | Auditor | $16,200 | — | $16,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDMP ASSURANCE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,200
- 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 | $189,536 | $94,318 | — | $16,200 | — |
| 2023 | $166,424 | $100,823 | $307 | $8,000 | — |
| 2022 | $73,609 | — | — | — | — |