Plan Snapshot
- Plan Sponsor: Samford University
- Sponsor EIN: 630312914
- Sponsor Address: 800 LAKESHORE DRIVE, BIRMINGHAM, AL, 352290001
- Plan Type: DB
- Total Participants: 299
- Total Assets: $170.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299 | $170.2M | $5.2M | $0 |
| 2023 | 327 | $181.0M | $4.6M | $0 |
| 2022 | 370 | $180.5M | $3.0M | $0 |
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 | $34,292 | — | $34,292 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,292
- Estimated Expense Ratio: 0.020% 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 | $1,462,200 | $122,163 | — | $34,292 | — |
| 2023 | $1,770,679 | $123,378 | — | $27,125 | — |
| 2022 | $1,802,814 | $246,928 | — | — | $177,338 |