Plan Snapshot
- Plan Sponsor: Wilmington University, INC.
- Sponsor EIN: 510107088
- Sponsor Address: 320 NORTH DUPONT HWY, NEW CASTLE, DE, 19720
- Plan Type: 403(b)
- Total Participants: 2,063
- Total Assets: $118.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 2,063 | $118.3M | $2.5M | $3.8M |
| 2023 | 1,982 | $105.3M | $2.4M | $3.5M |
| 2022 | 1,990 | $94.1M | $2.2M | $3.0M |
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 |
|---|---|---|---|---|
| FLEXPATH STRATEGIES, LLC | NONE | $60,305 | — | $60,305 |
| TIAA | NONE | $55,733 | — | $55,733 |
| VEERY CAPITAL | NONE | $13,079 | — | $13,079 |
| GUNNIP & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- GUNNIP & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,117
- Estimated Expense Ratio: 0.109% 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 | $129,117 | $73,384 | — | — | — |
| 2023 | $105,425 | $61,692 | — | — | — |
| 2022 | $84,867 | $47,421 | — | — | — |