Plan Snapshot
- Plan Sponsor: St. Olaf College
- Sponsor EIN: 410693979
- Sponsor Address: 1520 ST. OLAF AVENUE, NORTHFIELD, MN, 55057
- Plan Type: 403(b)
- Total Participants: 862
- Total Assets: $326.9M
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. |
|---|---|---|---|---|
| 2024 | 862 | $326.9M | $4.6M | $4.2M |
| 2023 | 798 | $301.9M | $4.4M | $4.2M |
| 2022 | 769 | $272.5M | $4.1M | $3.9M |
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 | NONE | $206,549 | — | $206,549 |
| MERCER INVESTMENT CONSULTING, INC. | NONE | $80,000 | — | $80,000 |
| BAKER TILLY US, LLP | NONE | $17,550 | — | $17,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- BAKER TILLY US, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $304,099
- Estimated Expense Ratio: 0.093% 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 | $304,099 | $83,114 | $487 | $17,550 | — |
| 2023 | $262,607 | $45,000 | — | $14,750 | — |
| 2022 | $267,415 | $59,250 | — | — | $14,750 |