Plan Snapshot
- Plan Sponsor: Wingate University
- Sponsor EIN: 566049935
- Sponsor Address: PO BOX 159, WINGATE, NC, 281740159
- Plan Type: 403(b)
- Total Participants: 503
- Total Assets: $97.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 503 | $97.0M | $1.6M | $2.1M |
| 2023 | 459 | $91.4M | $1.3M | $2.1M |
| 2022 | 558 | $79.8M | $1.3M | $2.1M |
| 2019 | 615 | $74.0M | $0 | $0 |
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 | CONTRACT ADMINISTRATOR | $68,368 | — | $68,368 |
| CREATIVE PLANNING, LLC | NONE | $48,750 | — | $48,750 |
| BDO USA, P.C. | NONE | $19,450 | — | $19,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — CONTRACT ADMINISTRATOR
- CREATIVE PLANNING, LLC — NONE
- BDO USA, P.C. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,568
- Estimated Expense Ratio: 0.141% 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 | $136,568 | $48,750 | $68,368 | $19,450 | — |
| 2023 | $221,376 | $1,319 | $72,685 | $100,664 | — |
| 2022 | $109,385 | $3,106 | $106,279 | — | — |
| 2019 | $122,566 | $66,614 | $55,952 | — | — |