Plan Snapshot
- Plan Sponsor: Southern Methodist University
- Sponsor EIN: 750800689
- Sponsor Address: 6116 CENTRAL EXPRESSWAY, DALLAS, TX, 75206
- Plan Type: 401(k)
- Plan Number: 507
- Total Participants: 1,715
- Total Assets: $60.2M
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 | 1,715 | $60.2M | $5.3M | $748,230 |
| 2023 | 1,687 | $52.4M | $4.7M | $717,748 |
| 2022 | 1,663 | $44.7M | $5.1M | $771,788 |
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 |
|---|---|---|---|---|
| EMERITI RETIREMENT HEALTH SOLUTIONS | Other Service Provider | $101,855 | — | $101,855 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,855
- Estimated Expense Ratio: 0.169% 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 | $101,855 | — | $101,855 | — | — |
| 2023 | $88,789 | — | $88,789 | — | — |
| 2022 | $81,606 | — | $81,606 | — | — |