Plan Snapshot
- Plan Sponsor: Tusculum University
- Sponsor EIN: 620484185
- Sponsor Address: 60 SHILOH RD, GREENVILLE, TN, 377430595
- Plan Type: 403(b)
- Total Participants: 207
- Total Assets: $20.8M
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. |
|---|---|---|---|---|
| 2023 | 207 | $20.8M | $58,215 | $401,851 |
| 2022 | 238 | $19.4M | $0 | $336,231 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $49,228 | — | $49,228 |
| EDWARD JONES | INVESTMENT ADVISORY | — | $15,038 | $15,038 |
| BLACKBURN, CHILDERS & STEAGALL, PLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,266
- Estimated Expense Ratio: 0.309% 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 |
|---|---|---|---|---|---|
| 2023 | $28,786 | — | $28,786 | — | — |
| 2022 | $28,360 | — | $28,360 | — | — |