Plan Snapshot
- Plan Sponsor: Spalding University
- Sponsor EIN: 610444780
- Sponsor Address: 845 SOUTH 3RD STREET, LOUISVILLE, KY, 402033205
- Plan Type: 403(b)
- Total Participants: 450
- Total Assets: $32.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 450 | $32.5M | $485,517 | $921,780 |
| 2023 | 613 | $42.9M | $627,560 | $1.1M |
| 2022 | 436 | $41.7M | $640,070 | $1.2M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $72,581 | — | $72,581 |
| ROBERT W BAIRD & CO, INC. | Other Service Provider | $18,010 | — | $18,010 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,591
- Estimated Expense Ratio: 0.279% 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 | $90,583 | $18,010 | $72,573 | — | — |
| 2023 | $86,149 | $15,000 | $71,149 | — | — |
| 2022 | $90,787 | — | $90,787 | — | — |