Plan Snapshot
- Plan Sponsor: The Asheville School
- Sponsor EIN: 560530248
- Sponsor Address: 360 ASHEVILLE SCHOOL RD, ASHEVILLE, NC, 28806
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 299
- Total Assets: $36.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 299 | $36.3M | $0 | $0 |
| 2024 | 137 | $30.9M | $696,582 | $754,441 |
| 2023 | 120 | $28.6M | $695,068 | $661,642 |
| 2022 | 102 | $24.9M | $644,099 | $606,297 |
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 | $20,662 | — | $20,662 |
| MMA SECURITIES LLC | Investment Advisor | $20,000 | — | $20,000 |
| SMITH & HOWARD PC | Other Service Provider | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,662
- Estimated Expense Ratio: 0.151% 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 |
|---|---|---|---|---|---|
| 2025 | $893,177 | — | $54,662 | — | — |
| 2024 | $36,718 | — | $36,718 | — | — |
| 2023 | $33,213 | — | $33,213 | — | — |
| 2022 | $31,333 | — | $31,333 | — | — |