Plan Snapshot
- Plan Sponsor: The University Of Vermont Health Network 403b) Retirement Savings Plan
- Sponsor EIN: 030219309
- Sponsor Address: 111 COLCHESTER AVE, BURLINGTON, VT, 054011473
- Plan Type: 403(b)
- Total Participants: 13,241
- Total Assets: $2.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,241 | $2.2B | $68.0M | $90.2M |
| 2023 | 12,486 | $2.0B | $61.0M | $80.2M |
| 2022 | 11,162 | $1.6B | $52.3M | $61.1M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | NONE | $1,201,647 | — | $1,201,647 |
| STRATEGIC ADVISERS | INVESTMENT ADVISORY | $367,879 | — | $367,879 |
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISORY | $93,176 | — | $93,176 |
| MCSOLEY MCCOY & CO | AUDITOR / INV ADV | $35,000 | — | $35,000 |
| VARIABLE ANNUITY LIFE INSURANCE | OTHER | $23,916 | — | $23,916 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — NONE
- STRATEGIC ADVISERS — INVESTMENT ADVISORY
- VARIABLE ANNUITY LIFE INSURANCE — OTHER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,721,618
- Estimated Expense Ratio: 0.078% 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 | $1,715,154 | $839,802 | — | $35,000 | — |
| 2023 | $1,821,269 | $800,484 | — | $43,000 | — |
| 2022 | $1,609,165 | $239,011 | — | — | — |