Plan Snapshot
- Plan Sponsor: The Lutheran University Association, INC.
- Sponsor EIN: 350868125
- Sponsor Address: 1700 CHAPEL DRIVE - KRETZMANN HALL, VALPARAISO, IN, 46383
- Plan Type: 403(b)
- Total Participants: 761
- Total Assets: $236.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 761 | $236.2M | $2.5M | $3.4M |
| 2023 | 752 | $224.7M | $2.4M | $3.2M |
| 2022 | 817 | $209.0M | $2.4M | $3.3M |
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 | NONE | $104,271 | — | $104,271 |
| FORVIS MAZARS, LLP | NONE | $79,600 | — | $79,600 |
| ONEDIGITAL INVESTMENT ADVISORS | NONE | $48,000 | — | $48,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- FORVIS MAZARS, LLP — NONE
- ONEDIGITAL INVESTMENT ADVISORS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $231,871
- Estimated Expense Ratio: 0.098% 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 | $464,174 | $53,229 | $2,429 | $79,600 | — |
| 2023 | $239,693 | $51,086 | $687 | — | — |
| 2022 | $257,183 | $48,000 | — | — | — |