Plan Snapshot
- Plan Sponsor: Ravenscroft School
- Sponsor EIN: 566001583
- Sponsor Address: 7409 FALLS OF NEUSE ROAD, RALEIGH, NC, 276155316
- Plan Type: 403(b)
- Total Participants: 297
- Total Assets: $57.3M
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 | 297 | $57.3M | $965,789 | $1.3M |
| 2023 | 306 | $52.4M | $921,369 | $1.2M |
| 2022 | 283 | $47.3M | $888,743 | $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 |
|---|---|---|---|---|
| BATCHELOR, TILLERY & ROBERTS, LLP | Auditor | — | — | $0 |
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 | $19,751 | $19,751 | — | — | — |
| 2023 | $74,080 | $74,080 | — | — | — |
| 2022 | $34,705 | $34,705 | — | — | — |