Plan Snapshot
- Plan Sponsor: The New England College Of Optometry
- Sponsor EIN: 041591060
- Sponsor Address: 424 BEACON STREET, BOSTON, MA, 021151129
- Plan Type: 403(b)
- Total Participants: 217
- Total Assets: $49.4M
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 | 217 | $49.4M | $1.2M | $860,093 |
| 2023 | 195 | $45.5M | $1.1M | $788,032 |
| 2022 | 146 | $41.1M | $1.1M | $788,178 |
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 |
|---|---|---|---|---|
| AAFCPAS INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $43,653 | $43,593 | $60 | — | — |
| 2023 | $37,105 | $37,015 | $90 | — | — |
| 2022 | $13,605 | — | — | — | — |