Plan Snapshot
- Plan Sponsor: Arise Academy
- Sponsor EIN: 263240588
- Sponsor Address: 3819 ST CLAUDE AVE, NEW ORLEANS, LA, 701175735
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 92
- Total Assets: $44,587
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 92 | $44,587 | $0 | $0 |
| 2023 | 65 | $1.2M | $72,820 | $93,235 |
| 2022 | 100 | $2.1M | $135,881 | $228,220 |
| 2021 | 120 | $2.8M | $147,850 | $250,201 |
| 2020 | 126 | $2.5M | $155,366 | $255,408 |
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 |
|---|---|---|---|---|
| DAIGREPONT & BRIAN | 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 | $16,877 | $1,000 | $9,697 | — | — |
| 2023 | $32,453 | — | — | — | — |
| 2022 | $28,303 | $6,737 | — | — | $14,541 |
| 2021 | $30,996 | — | $30,996 | — | — |
| 2020 | $25,836 | — | — | — | — |