Plan Snapshot
- Plan Sponsor: Vanderbilt University Medical Center
- Sponsor EIN: 352528741
- Sponsor Address: 2525 WEST END AVENUE, SUITE 500, NASHVILLE, TN, 372031769
- Plan Type: 403(b)
- Total Participants: 37,327
- Total Assets: $4.7B
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 37,327 | $4.7B | $112.9M | $260.0M |
| 2023 | 31,810 | $4.1B | $101.4M | $235.3M |
| 2022 | 30,220 | $3.4B | $214.5M | $92.0M |
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 | $1,512,207 | — | $1,512,207 |
| STRATEGIC ADVISORS, INC. | NONE | $1,180,054 | — | $1,180,054 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — NONE
- STRATEGIC ADVISORS, INC. — NONE
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,692,261
- Estimated Expense Ratio: 0.057% 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 | $2,672,477 | $2,218,204 | — | — | — |
| 2023 | $2,340,046 | $1,855,042 | — | — | — |
| 2022 | $2,446,935 | $868,685 | — | — | — |