Plan Snapshot
- Plan Sponsor: Rosalind Franklin University Of Medicine And Science
- Sponsor EIN: 362181973
- Sponsor Address: 3333 GREEN BAY ROAD, NORTH CHICAGO, IL, 600643095
- Plan Type: 403(b)
- Total Participants: 989
- Total Assets: $216.9M
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 | 989 | $216.9M | $19,663 | $6.5M |
| 2023 | 662 | $131.1M | $0 | $2.7M |
| 2022 | 568 | $118.1M | $0 | $2.5M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $51,346 | — | $51,346 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,346
- Estimated Expense Ratio: 0.024% 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 | $150,596 | $29,375 | $63,189 | $51,346 | — |
| 2023 | $70,415 | $16,126 | $29,689 | $24,600 | — |
| 2022 | $80,613 | $20,291 | $34,233 | — | $26,089 |