Plan Snapshot
- Plan Sponsor: William Marsh Rice University
- Sponsor EIN: 741109620
- Sponsor Address: PO BOX 1892 ,600 MAIN ST., MS-92, HOUSTON, TX, 77251
- Plan Type: 403(b)
- Total Participants: 5,552
- Total Assets: $847.9M
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 | 5,552 | $847.9M | $0 | $31.6M |
| 2023 | 5,226 | $763.7M | $0 | $28.4M |
| 2022 | 5,347 | $666.1M | $0 | $25.0M |
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 | RECORDKEEPER | $37,629 | — | $37,629 |
| CAPFINANCIAL PARTNERS LLC | NONE | $23,750 | — | $23,750 |
| FIDELITY INVESTMENTS | NONE | $16,772 | — | $16,772 |
| RICHARD NELSON | ADVISOR | $13,839 | — | $13,839 |
| TIAA-CREF | RECORDKEPER | $11,730 | — | $11,730 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — RECORDKEEPER
- FIDELITY INVESTMENTS — NONE
- TIAA-CREF — RECORDKEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,720
- Estimated Expense Ratio: 0.012% 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 | $106,664 | $34,647 | $47,172 | — | — |
| 2023 | $65,080 | $29,623 | $22,305 | — | — |
| 2022 | $69,487 | $6,550 | $53,832 | — | — |