Plan Snapshot
- Plan Sponsor: Olivet Nazarene University
- Sponsor EIN: 362191252
- Sponsor Address: ONE UNIVERSITY AVE, BOURBONNAIS, IL, 60914
- Plan Type: 403(b)
- Total Participants: 573
- Total Assets: $102.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 573 | $102.2M | $1.3M | $2.2M |
| 2023 | 544 | $98.9M | $1.2M | $2.1M |
| 2022 | 539 | $89.6M | $1.2M | $2.1M |
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 |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | $5,550 | — | $5,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,550
- Estimated Expense Ratio: 0.005% 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 | $77,065 | $31,594 | $937 | $5,550 | — |
| 2023 | — | — | — | — | — |
| 2022 | $8,155 | — | — | — | $7,897 |