# Savannah College Of Art And Design 401(k) Plan
Source: https://planprovider.pro/companies/savannah-college-of-art-and-design-401k-plan

> Savannah College Of Art And Design's 401(k) plan: 1,941 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Savannah College Of Art And Design

- **Sponsor EIN:** 581357177

- **Sponsor Address:** 15 DRAYTON STREET, SAVANNAH, GA, 31401

- **Plan Type:** 401(k)

- **Total Participants:** 1,941

- **Total Assets:** $222.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** Yes

- **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|1,941|$222.1M|$6.3M|$9.6M|

| 2023|1,630|$194.2M|$5.0M|$8.5M|

| 2022|1,890|$162.8M|$4.9M|$7.7M|

## 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|

| CAP FINANCIAL PARTNERS, LLC|INVESTMENT ADVISORS|$189,374|—|$189,374|

| TIAA|RECORDKEEPER|$34,990|—|$34,990|

| HANCOCK ASKEW & CO., LLP|AUDITOR|$19,500|—|$19,500|

| BAKER TILLY, US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TIAA](https://planprovider.pro/provider/tiaa-teachers-insurance-and-annuity-association-of-america-college-retirement-equities-fund) — RECORDKEEPER

- [BAKER TILLY, US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $243,864

- **Estimated Expense Ratio:** 0.110% 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|$238,464|—|$238,464|—|—|

| 2023|$123,019|—|$123,019|—|—|

| 2022|$169,051|—|$169,051|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/savannah-college-of-art-and-design-401k-plan)

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