Plan Snapshot
- Plan Sponsor: Wentworth Institute Of Technology, INC.
- Sponsor EIN: 041958460
- Sponsor Address: 550 HUNTINGTON AVENUE, BOSTON, MA, 02115
- Plan Type: 403(b)
- Total Participants: 798
- Total Assets: $223.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 798 | $223.0M | $5.1M | $3.5M |
| 2023 | 930 | $201.2M | $4.6M | $3.1M |
| 2022 | 2,034 | $177.4M | $4.3M | $2.9M |
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 |
|---|---|---|---|---|
| TIAA | RECORDKEEPER | $123,978 | — | $123,978 |
| FIDUCIENT ADVISORS LLC | INVESTMENT ADVISOR | $35,602 | — | $35,602 |
| CBIZ CPAS P.C. | AUDITOR | $14,750 | — | $14,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,330
- Estimated Expense Ratio: 0.078% 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 | $173,754 | $173,754 | — | — | — |
| 2023 | $138,747 | — | $138,747 | — | — |
| 2022 | $139,892 | — | $139,892 | — | — |