Plan Snapshot
- Plan Sponsor: Tennessee Independent Colleges And Universities Association, INC.
- Sponsor EIN: 621155139
- Sponsor Address: 555 MARRIOTT DRIVE, NASHVILLE, TN, 37214
- Plan Type: 403(b)
- Total Participants: 1,238
- Total Assets: $150.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,238 | $150.3M | $2.4M | $3.6M |
| 2023 | 1,392 | $140.0M | $1.7M | $2.6M |
| 2022 | 723 | $83.6M | $1.4M | $2.4M |
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 |
|---|---|---|---|---|
| MILLENNIUM ADVISORY SERVICES, INC | INVESTMENT ADVISOR | $239,222 | — | $239,222 |
| PENTEGRA SERVICES, INC | PLAN ADMINISTRATOR | $68,457 | — | $68,457 |
| TIAA-TEACHERS INS & ANNUIT ASSOC | INVESTMENT PROVIDER | $67,434 | — | $67,434 |
| SAGEVIEW ADVISORY GROUP | INVESTMENT ADVISOR | $58,436 | — | $58,436 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $15,704 | — | $15,704 |
| PLANCHECK CPA'S LLC | Auditor | $9,719 | — | $9,719 |
| FTB ADVISOR INC | INVESTMENT ADVISORY | $8,403 | — | $8,403 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA-TEACHERS INS & ANNUIT ASSOC — INVESTMENT PROVIDER
- SAGEVIEW ADVISORY GROUP — INVESTMENT ADVISOR
- PLANCHECK CPA'S LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $467,375
- Estimated Expense Ratio: 0.311% 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 | $658,350 | — | $222,145 | $9,719 | — |
| 2023 | $549,482 | $386,606 | $155,893 | — | — |
| 2022 | $450,047 | $296,519 | $153,249 | — | — |