Plan Snapshot
- Plan Sponsor: William Penn University
- Sponsor EIN: 420707120
- Sponsor Address: 201 TRUEBLOOD AVENUE, OSKALOOSA, IA, 525771799
- Plan Type: 403(b)
- Total Participants: 165
- Total Assets: $28.2M
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. |
|---|---|---|---|---|
| 2024 | 165 | $28.2M | $383,875 | $580,733 |
| 2023 | 163 | $27.4M | $378,149 | $565,227 |
| 2022 | 155 | $25.4M | $347,782 | $495,114 |
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 |
|---|---|---|---|---|
| FORGE FINANCIAL | 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 | $57,304 | — | $57,263 | — | — |
| 2023 | $30,832 | — | $27,945 | — | — |
| 2022 | $41,429 | — | — | — | — |