Plan Snapshot
- Plan Sponsor: The Benjamin School
- Sponsor EIN: 591536502
- Sponsor Address: 11000 ELLISON WILSON ROAD, NORTH PALM BEACH, FL, 33408
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 373
- Total Assets: $47.2M
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 | 373 | $47.2M | $933,125 | $1.2M |
| 2023 | 365 | $42.9M | $920,571 | $1.1M |
| 2022 | 338 | $36.2M | $787,176 | $899,172 |
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-TEACHERS INSUR & ANNUITY ASSOC | Recordkeeper | $31,182 | — | $31,182 |
| ONEDIGITAL INVESTMENT ADVISORS, INC | Investment Advisor | $24,000 | — | $24,000 |
| TEMPLETON & COMPANY | Auditor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA-TEACHERS INSUR & ANNUITY ASSOC — Recordkeeper
- ONEDIGITAL INVESTMENT ADVISORS, INC — Investment Advisor
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,182
- Estimated Expense Ratio: 0.127% 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 | $60,032 | $24,000 | $31,032 | $5,000 | — |
| 2023 | $47,671 | $9,438 | $38,233 | — | — |
| 2022 | $35,686 | $9,438 | $19,748 | — | $6,500 |