Plan Snapshot
- Plan Sponsor: Suffolk University
- Sponsor EIN: 042133255
- Sponsor Address: 8 ASHBURTON PLACE, BOSTON, MA, 021082701
- Plan Type: 403(b)
- Total Participants: 1,700
- Total Assets: $531.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,700 | $531.2M | $7.5M | $8.2M |
| 2023 | 1,583 | $479.4M | $7.4M | $7.8M |
| 2022 | 1,492 | $416.6M | $5.0M | $7.2M |
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 |
|---|---|---|---|---|
| FIDELITY INV INST OPER COMP, INC. | RECORDKEEPER | $198,426 | — | $198,426 |
| CAPFINANCIAL PARTNERS LLC | NONE | $72,643 | — | $72,643 |
| TIAA- TEACHERS INSURANCE AND ANNUIT | SERVICE PROVIDER | $67,266 | — | $67,266 |
| CARON & BLETZER, PLLC | NONE | $17,000 | — | $17,000 |
| DAVID CARBONI DBA DKC RETIREMENT | NONE | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV INST OPER COMP, INC. — RECORDKEEPER
- TIAA- TEACHERS INSURANCE AND ANNUIT — SERVICE PROVIDER
- CARON & BLETZER, PLLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $361,335
- Estimated Expense Ratio: 0.068% 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 | $364,286 | $72,643 | $265,692 | $17,000 | — |
| 2023 | $346,145 | $65,673 | $232,649 | $15,500 | — |
| 2022 | $313,800 | — | $228,040 | — | $85,760 |