Plan Snapshot
- Plan Sponsor: Widener University
- Sponsor EIN: 231386178
- Sponsor Address: 1 UNIVERSITY PLACE, CHESTER, PA, 190135700
- Plan Type: 401(k)
- Total Participants: 932
- Total Assets: $424.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 932 | $424.8M | $4.4M | $4.8M |
| 2023 | 857 | $407.3M | $1.4M | $4.8M |
| 2022 | 832 | $372.8M | $2.7M | $4.9M |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS, LLC | NONE | $84,861 | — | $84,861 |
| CLIFTONLARSONALLEN LLP | NONE | $7,350 | — | $7,350 |
| TIAA | NONE | $5,020 | — | $5,020 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — NONE
- TIAA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,231
- Estimated Expense Ratio: 0.023% 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 | $97,231 | $84,861 | — | $7,350 | — |
| 2023 | $29,453 | $27,481 | — | — | — |
| 2022 | $53,794 | $53,794 | — | — | — |