Plan Snapshot
- Plan Sponsor: Stevens & Lee
- Sponsor EIN: 231886296
- Sponsor Address: P.O. BOX 679, READING, PA, 196030679
- Plan Type: DC
- Total Participants: 385
- Total Assets: $281.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 385 | $281.2M | $9.3M | $4.0M |
| 2023 | 374 | $254.3M | $8.5M | $3.5M |
| 2022 | 343 | $224.5M | $8.1M | $3.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | NONE | $1,205,999 | — | $1,205,999 |
| BANK OF AMERICA | NONE | $112,433 | — | $112,433 |
| CONRAD SIEGEL ACTUARIES | NONE | $46,348 | — | $46,348 |
| TOMASI & COMPANY PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,364,780
- Estimated Expense Ratio: 0.485% 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 | $1,363,468 | $1,204,688 | — | — | — |
| 2023 | $1,148,974 | $1,010,042 | — | — | — |
| 2022 | $1,249,140 | $1,065,735 | — | — | $183,405 |