Plan Snapshot
- Plan Sponsor: Usc School Of Medicine Educational Trust
- Sponsor EIN: 570705675
- Sponsor Address: P.O. BOX 413, COLUMBIA, SC, 29202
- Plan Type: DC
- Total Participants: 189
- Total Assets: $51.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 189 | $51.6M | $1.9M | $0 |
| 2023 | 191 | $44.8M | $2.0M | $0 |
| 2022 | 197 | $38.2M | $2.0M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | Recordkeeper | $72,274 | — | $72,274 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,274
- Estimated Expense Ratio: 0.140% 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 | $525 | — | — | — | — |
| 2023 | $528 | — | — | — | — |
| 2022 | $126,511 | — | — | — | — |