Plan Snapshot
- Plan Sponsor: Purdue Research Foundation
- Sponsor EIN: 351052049
- Sponsor Address: 1281 WIN HENTSCHEL BLVD, WEST LAFAYETTE, IN, 47906
- Plan Type: 403(b)
- Total Participants: 472
- Total Assets: $86.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 472 | $86.9M | $4.5M | $3.0M |
| 2023 | 471 | $77.3M | $4.1M | $2.5M |
| 2022 | 413 | $68.0M | $3.5M | $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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $43,910 | — | $43,910 |
| STRATEGIC ADVISORS, INC. | INV ADVISOR | $18,261 | — | $18,261 |
| HUTH THOMPSON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — INV ADVISOR
- HUTH THOMPSON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,171
- Estimated Expense Ratio: 0.072% 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 | $60,851 | $31,021 | — | — | — |
| 2023 | $61,487 | $29,936 | — | — | — |
| 2022 | $54,666 | $18,334 | — | — | — |