Plan Snapshot
- Plan Sponsor: Wake Forest University
- Sponsor EIN: 560532138
- Sponsor Address: 1834 WAKE FOREST ROAD, WINSTON SALEM, NC, 27109
- Plan Type: 403(b)
- Total Participants: 3,314
- Total Assets: $889.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 3,314 | $889.4M | $17.6M | $19.4M |
| 2023 | 3,215 | $797.8M | $16.6M | $18.3M |
| 2022 | 3,071 | $686.5M | $16.1M | $16.8M |
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 |
|---|---|---|---|---|
| BUTLER & BURKE, LLP | 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 | $634,166 | $250,479 | $62,752 | — | — |
| 2023 | $443,014 | $181,280 | $3,122 | — | — |
| 2022 | $392,554 | $130,997 | — | — | — |