2023 Form 5500 filing — Worcester Polytechnic Institute Defined Contribution Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240930083628NAL0010797586001) for Worcester Polytechnic Institute Defined Contribution Plan, reported by Worcester Polytechnic Institute under EIN 04-2121659 and plan number 001. It reports 2,702 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930083628NAL0010797586001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Worcester Polytechnic Institute
- EIN
- 04-2121659
- Plan number
- 001
- Location
- Worcester, MA
- Participants
- 2,702
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $626,706,652
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $626,706,652
- Employer contributions
- $10,883,914
- Participant contributions
- $11,351,464
- Total income / additions
- $107,315,262
- Benefits paid
- $37,712,622
- Administrative expenses
- $206,637
- Total expenses
- $37,941,626
- Net increase / (decrease)
- $69,373,636
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tiaa | NONE | $99,935 | $0 |
| Fiducient Advisors, LLC | NONE | $48,500 | not reported in the loaded dataset |
| Fidelity Inv Inst Ops Co., LLC | NONE | $25,259 | $0 |
| Berry Dunn Mcneil & Parker LLC | NONE | $15,500 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | NONE | $15,036 | not reported in the loaded dataset |