Plan Snapshot
- Plan Sponsor: The Pennington School
- Sponsor EIN: 210635004
- Sponsor Address: 112 W DELAWARE AVENUE, PENNINGTON, NJ, 085341601
- Plan Type: 403(b)
- Total Participants: 180
- Total Assets: $47.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 180 | $47.6M | $929,413 | $1.3M |
| 2023 | 196 | $43.1M | $885,623 | $1.2M |
| 2022 | 185 | $38.4M | $788,828 | $1.1M |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS, LLC | Other Service Provider | $41,753 | — | $41,753 |
| TIAA CREF | Other Service Provider | $34,552 | — | $34,552 |
| TAIT, WELLER & BAKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA CREF — Other Service Provider
- TAIT, WELLER & BAKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,305
- Estimated Expense Ratio: 0.160% 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 | $76,305 | — | $76,305 | — | — |
| 2023 | $60,040 | — | — | — | — |
| 2022 | — | — | — | — | — |