Plan Snapshot
- Plan Sponsor: Trustees Of Boston University
- Sponsor EIN: 042103547
- Sponsor Address: OFFICE OF HUMAN RESOURCES, BOSTON, MA, 022151301
- Plan Type: 403(b)
- Total Participants: 8,863
- Total Assets: $3.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 8,863 | $3.0B | $102.9M | $0 |
| 2023 | 8,173 | $2.8B | $94.9M | $0 |
| 2022 | 8,130 | $2.5B | $91.9M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | NONE | $524,332 | — | $524,332 |
| TIAA | NONE | $32,499 | — | $32,499 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — NONE
- TIAA — NONE
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $556,831
- Estimated Expense Ratio: 0.019% 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 | $552,207 | $91,997 | $32,499 | — | — |
| 2023 | $487,613 | $53,022 | $10,373 | — | — |
| 2022 | $662,052 | — | — | — | — |