Plan Snapshot
- Plan Sponsor: Robert Morris University
- Sponsor EIN: 251120678
- Sponsor Address: 6001 UNIVERSITY BLVD, MOON TOWNSHIP, PA, 151082574
- Plan Type: 403(b)
- Total Participants: 614
- Total Assets: $187.6M
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 | 614 | $187.6M | $2.5M | $3.8M |
| 2023 | 416 | $170.7M | $2.6M | $3.8M |
| 2022 | 514 | $161.6M | $3.0M | $4.0M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | CONSULTANT | $80,000 | — | $80,000 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $73,349 | — | $73,349 |
| DELOITTE & TOUCHE, LLP | AUDITOR | $40,101 | — | $40,101 |
| COREBRIDGE | CONTRACT ADMINISTRATOR | $6,796 | — | $6,796 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — CONSULTANT
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- DELOITTE & TOUCHE, LLP — AUDITOR
- COREBRIDGE — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $200,246
- Estimated Expense Ratio: 0.107% 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 | $539,460 | $955 | $91,079 | $40,101 | — |
| 2023 | $201,626 | $1,030 | $92,598 | $40,367 | — |
| 2022 | $204,286 | $80,000 | $83,621 | — | $40,665 |