Plan Snapshot
- Plan Sponsor: Shipley School
- Sponsor EIN: 231352677
- Sponsor Address: 814 YARROW STREET, BRYN MAWR, PA, 190103525
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 626
- Total Assets: $58.8M
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 | 626 | $58.8M | $0 | $0 |
| 2024 | 383 | $52.6M | $838,235 | $945,035 |
| 2023 | 389 | $48.6M | $784,929 | $979,450 |
| 2022 | 196 | $44.1M | $742,926 | $964,537 |
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 |
|---|---|---|---|---|
| TIAA- TEACHERS INS & ANNUITY ASSOC | Recordkeeper | $22,405 | — | $22,405 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,405
- Estimated Expense Ratio: 0.038% 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 | $3,595,305 | — | $22,255 | — | — |
| 2024 | $20,520 | — | $20,520 | — | — |
| 2023 | $18,659 | — | $18,659 | — | — |
| 2022 | $16,512 | — | $16,512 | — | — |