Plan Snapshot
- Plan Sponsor: The Bement School
- Sponsor EIN: 042234135
- Sponsor Address: PO BOX 8, DEERFIELD, MA, 01342
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 74
- Total Assets: $12.7M
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. |
|---|---|---|---|---|
| 2024 | 74 | $12.7M | $193,151 | $343,988 |
| 2023 | 74 | $11.7M | $181,001 | $316,755 |
| 2022 | 62 | $10.0M | $182,249 | $280,896 |
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 |
|---|---|---|---|---|
| TWELVE POINTS WEALTH MGMT | Other Service Provider | $25,882 | — | $25,882 |
| TIAA | Investment Advisor | $9,204 | — | $9,204 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,086
- Estimated Expense Ratio: 0.277% 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 | $34,443 | — | $34,443 | — | — |
| 2023 | $235,840 | — | — | — | — |
| 2022 | $421,718 | — | — | — | — |