Plan Snapshot
- Plan Sponsor: Parker University
- Sponsor EIN: 751596658
- Sponsor Address: 2540 WALNUT HILL LANE, DALLAS, TX, 75229
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 463
- Total Assets: $38.1M
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. |
|---|---|---|---|---|
| 2025 | 463 | $38.1M | $0 | $0 |
| 2024 | 358 | $31.8M | $1.2M | $1.5M |
| 2023 | 343 | $30.0M | $1.4M | $1.4M |
| 2022 | 317 | $25.1M | $1.2M | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $15,961 | — | $15,961 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,961
- Estimated Expense Ratio: 0.042% 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 | $1,823,464 | $4,344 | — | — | — |
| 2024 | $82,787 | $8,738 | — | — | — |
| 2023 | $75,641 | $22,794 | — | — | — |
| 2022 | $107,714 | $78,327 | $28,751 | — | $636 |