Plan Snapshot
- Plan Sponsor: Thayer Academy
- Sponsor EIN: 042105781
- Sponsor Address: 745 WASHINGTON STREET, BRAINTREE, MA, 021845751
- Plan Type: 403(b)
- Total Participants: 191
- Total Assets: $90.5M
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 | 191 | $90.5M | $1.7M | $1.6M |
| 2023 | 207 | $81.8M | $1.6M | $1.5M |
| 2022 | 210 | $70.7M | $1.5M | $1.4M |
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 |
|---|---|---|---|---|
| TIAA | RECORDKEEPER | $38,286 | — | $38,286 |
| CLIFTONLARSONALLEN, LLP | Auditor | $96 | — | $96 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — RECORDKEEPER
- CLIFTONLARSONALLEN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,382
- Estimated Expense Ratio: 0.042% 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 | $46,682 | — | $46,586 | $96 | — |
| 2023 | $62,760 | — | $62,760 | — | — |
| 2022 | $55,103 | — | $55,103 | — | — |