Plan Snapshot
- Plan Sponsor: Waterford Institute, INC.
- Sponsor EIN: 510202349
- Sponsor Address: 4246 SOUTH RIVERBOAT ROAD, TAYLORSVILLE, UT, 84123
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 489
- Total Assets: $31.3M
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. |
|---|---|---|---|---|
| 2025 | 489 | $31.3M | $0 | $0 |
| 2024 | 253 | $29.8M | $331,285 | $526,181 |
| 2023 | 287 | $30.2M | $1.1M | $1.8M |
| 2022 | 372 | $24.8M | $1.1M | $1.7M |
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 |
|---|---|---|---|---|
| SOLTIS INVESTMENT ADVISORS LLC | Other Service Provider | $37,923 | — | $37,923 |
| TIAA-TEACHERS INS & ANNUITY ASSOC | Other Service Provider | $18,230 | — | $18,230 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,153
- Estimated Expense Ratio: 0.179% 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 | $5,040,829 | — | $53,979 | — | — |
| 2024 | $28,162 | — | $17,162 | — | — |
| 2023 | $34,055 | — | $34,055 | — | — |
| 2022 | $44,669 | — | $44,669 | — | — |