Plan Snapshot
- Plan Sponsor: United Negro College Fund, INC.
- Sponsor EIN: 131624241
- Sponsor Address: 1805 7TH STREET NW, WASHINGTON, DC, 20001
- Plan Type: 403(b)
- Total Participants: 408
- Total Assets: $44.2M
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 | 408 | $44.2M | $1.1M | $1.8M |
| 2023 | 423 | $39.1M | $936,839 | $1.5M |
| 2022 | 262 | $34.3M | $789,979 | $1.2M |
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 |
|---|---|---|---|---|
| SMITH AND HOWARD, P.C. | 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 | $26,557 | — | $26,557 | — | — |
| 2023 | $22,456 | — | $22,456 | — | — |
| 2022 | $11,803 | — | $11,803 | — | — |