Plan Snapshot
- Plan Sponsor: Cardiology Consultants Of Philadelphia, PC
- Sponsor EIN: 232076152
- Sponsor Address: 207 NORTH BROAD STREET, PHILADELPHIA, PA, 191071500
- Plan Type: 401(k)
- Total Participants: 755
- Total Assets: $217.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 755 | $217.6M | $6.9M | $5.3M |
| 2023 | 683 | $209.5M | $5.8M | $5.0M |
| 2022 | 663 | $178.5M | $5.7M | $4.6M |
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 |
|---|---|---|---|---|
| THE CATANELLA INSTITUTIONAL CONSULT | ADVISOR | $176,527 | — | $176,527 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $127,809 | — | $127,809 |
| NEWPORT TRUST COMPANY | TRUSTEE | $39,503 | — | $39,503 |
| SKLAR CARMOSIN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE CATANELLA INSTITUTIONAL CONSULT — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $343,839
- Estimated Expense Ratio: 0.158% 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 | $343,839 | $176,527 | — | — | — |
| 2023 | $307,303 | $147,016 | — | — | — |
| 2022 | $396,566 | $158,384 | $221,822 | — | $16,360 |