Plan Snapshot
- Plan Sponsor: Sherman College Of Straight Chiropractic
- Sponsor EIN: 237242844
- Sponsor Address: 2020 SPRINGFIELD RD, BOILING SPRINGS, MO, 29316
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 190
- Total Assets: $14.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 190 | $14.1M | $0 | $0 |
| 2024 | 101 | $11.7M | $363,049 | $449,553 |
| 2023 | 109 | $9.6M | $327,761 | $380,132 |
| 2022 | 103 | $8.2M | $321,116 | $349,423 |
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 Advisor | $10,967 | — | $10,967 |
| PENTEGRA SERVICES, INC. | Recordkeeper | $6,480 | — | $6,480 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,447
- Estimated Expense Ratio: 0.124% 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 | $248,490 | — | $18,514 | $110 | — |
| 2024 | $17,450 | — | $17,300 | — | — |
| 2023 | $1,473 | — | — | — | — |
| 2022 | — | — | — | — | — |