Plan Snapshot
- Plan Sponsor: Sacred Heart University Incorporated
- Sponsor EIN: 060776644
- Sponsor Address: 5151 PARK AVENUE, FAIRFIELD, CT, 068251000
- Plan Type: 403(b)
- Total Participants: 4,574
- Total Assets: $307.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 4,574 | $307.5M | $7.2M | $7.7M |
| 2023 | 1,438 | $271.7M | $6.5M | $7.0M |
| 2022 | 1,276 | $233.0M | $5.2M | $6.4M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN — Auditor
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 | $437,359 | — | $435,039 | — | — |
| 2023 | $412,067 | $51,420 | $341,492 | $14,631 | — |
| 2022 | $355,698 | $49,195 | $293,273 | — | $13,230 |