Plan Snapshot
- Plan Sponsor: Wofford College
- Sponsor EIN: 570314422
- Sponsor Address: 429 N CHURCH ST, SPARTANBURG, SC, 29303
- Plan Type: 403(b)
- Total Participants: 460
- Total Assets: $108.6M
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 | 460 | $108.6M | $3.0M | $1.5M |
| 2023 | 447 | $96.4M | $2.8M | $1.4M |
| 2022 | 455 | $85.3M | $2.6M | $1.4M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $18,975 | $2,158 | — | — | — |
| 2023 | $2,505 | $1,941 | — | — | — |
| 2022 | $1,709 | — | — | — | — |