Plan Snapshot
- Plan Sponsor: Ringling College Of Art And Design, INC.
- Sponsor EIN: 590637903
- Sponsor Address: 2700 NORTH TAMIAMI TRAIL, SARASOTA, FL, 34234
- Plan Type: 403(b)
- Total Participants: 587
- Total Assets: $56.2M
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 | 587 | $56.2M | $1.1M | $2.0M |
| 2023 | 516 | $50.8M | $999,711 | $1.9M |
| 2022 | 553 | $44.2M | $973,766 | $1.8M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT 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 | $46,871 | — | $46,871 | — | — |
| 2023 | $42,563 | — | — | — | — |
| 2022 | $49,091 | — | — | — | $49,091 |