Plan Snapshot
- Plan Sponsor: President And Trustees Of Bates College
- Sponsor EIN: 010211781
- Sponsor Address: 216 LANE HALL, 2 ANDREWS RD., LEWISTON, ME, 04240
- Plan Type: 403(b)
- Total Participants: 750
- Total Assets: $173.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 750 | $173.0M | $5.1M | $0 |
| 2023 | 725 | $155.8M | $4.8M | $0 |
| 2022 | 714 | $137.0M | $4.6M | $0 |
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 | $14,300 | — | $14,300 |
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: $14,300
- Estimated Expense Ratio: 0.008% 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 | $91,728 | $26,603 | — | $14,300 | — |
| 2023 | $91,906 | $31,483 | $1,822 | $13,750 | — |
| 2022 | $72,504 | $30,553 | — | — | $12,500 |