Plan Snapshot
- Plan Sponsor: Olivet College
- Sponsor EIN: 381459365
- Sponsor Address: 320 SOUTH MAIN STREET, OLIVET, MI, 490769729
- Plan Type: 403(b)
- Total Participants: 223
- Total Assets: $23.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 223 | $23.9M | $245,984 | $586,569 |
| 2023 | 248 | $22.2M | $309,422 | $532,522 |
| 2022 | 240 | $20.2M | $289,363 | $520,960 |
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 |
|---|---|---|---|---|
| MANER COSTERISAN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANER COSTERISAN — Auditor
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 |
|---|---|---|---|---|---|
| 2024 | $52,390 | $35,061 | $17,329 | — | — |
| 2023 | $54,658 | $37,398 | $17,260 | — | — |
| 2022 | $58,009 | $17,908 | $40,101 | — | — |