Worcester Polytechnic Institute Defined Contribution Plan — Form 5500 plan (Worcester Polytechnic Institute)
Plain-English plan 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, Worcester Polytechnic Institute Defined Contribution Plan is a benefit plan reported by Worcester Polytechnic Institute under EIN 04-2121659 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,702 participants and $626,706,652 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Worcester Polytechnic Institute
- EIN
- 04-2121659
- Plan number
- 001
- Plan type
- 2
- Location
- Worcester, MA
- Latest filing year
- 2023
- Participants
- 2,702
- End-of-year plan assets
- $626,706,652
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,702 | H, C | 20240930083628NAL0010797586001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $626,706,652
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $626,706,652
- Net assets (BOY)
- $557,333,016
Income & contributions
- Employer contributions
- $10,883,914
- Participant contributions
- $11,351,464
- Total contributions
- $23,801,489
- Total income / additions
- $107,315,262
Expenses & distributions
- Benefits paid
- $37,712,622
- Administrative expenses
- $206,637
- Total expenses
- $37,941,626
- Net increase / (decrease)
- $69,373,636
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | NONE | $99,935 | $0 | 2023 |
| Fiducient Advisors, LLC | NONE | $48,500 | not reported in the loaded dataset | 2023 |
| Fidelity Inv Inst Ops Co., LLC | NONE | $25,259 | $0 | 2023 |
| Berry Dunn Mcneil & Parker LLC | NONE | $15,500 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | NONE | $15,036 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Worcester Polytechnic Institute
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Worcester, MA
- Tiaa — Schedule C compensation
- Fiducient Advisors, LLC — Schedule C compensation
- Fidelity Inv Inst Ops Co., LLC — Schedule C compensation
- Berry Dunn Mcneil & Parker LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation