Plan Snapshot
- Plan Sponsor: University Of Mary
- Sponsor EIN: 450273403
- Sponsor Address: 7500 UNIVERSITY DR, BISMARCK, ND, 58504
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 799
- Total Assets: $81.2M
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. |
|---|---|---|---|---|
| 2025 | 799 | $81.2M | $0 | $0 |
| 2024 | 460 | $71.7M | $1.8M | $2.3M |
| 2023 | 450 | $63.2M | $1.7M | $2.1M |
| 2022 | 449 | $56.3M | $1.6M | $2.1M |
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 |
|---|---|---|---|---|
| BRAVERA WEALTH | Recordkeeper | $207,943 | — | $207,943 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,943
- Estimated Expense Ratio: 0.256% 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 |
|---|---|---|---|---|---|
| 2025 | $6,583,860 | $90,397 | $27,149 | — | — |
| 2024 | $181,770 | $78,578 | $24,614 | — | — |
| 2023 | $161,130 | $67,661 | $25,808 | — | — |
| 2022 | $156,262 | $24,864 | — | — | — |