Plan Snapshot
- Plan Sponsor: Salisbury School
- Sponsor EIN: 060646888
- Sponsor Address: 251 CANAAN RD., SALISBURY, CT, 060681602
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 382
- Total Assets: $43.4M
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. |
|---|---|---|---|---|
| 2025 | 382 | $43.4M | $0 | $0 |
| 2024 | 166 | $37.0M | $914,447 | $871,408 |
| 2023 | 183 | $33.5M | $787,219 | $833,553 |
| 2022 | 174 | $28.3M | $680,532 | $700,457 |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS, LLC | Investment Advisor | $7,034 | — | $7,034 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,034
- Estimated Expense Ratio: 0.016% 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 |
|---|---|---|---|---|---|
| 2025 | $2,052,276 | — | $11,522 | $1 | — |
| 2024 | $6,009 | — | $6,009 | — | — |
| 2023 | $25,404 | — | $25,404 | — | — |
| 2022 | $26,380 | — | $26,380 | — | — |