Plan Snapshot
- Plan Sponsor: Channing House
- Sponsor EIN: 941485533
- Sponsor Address: 850 WEBSTER STREET, PALO ALTO, CA, 94301
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 180
- Total Assets: $7.0M
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 | 180 | $7.0M | $204,925 | $633,028 |
| 2023 | 168 | $6.6M | $393,269 | $575,165 |
| 2022 | 169 | $5.2M | $334,619 | $538,125 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $32,550 | — | $32,550 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $18,792 | — | $18,792 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $9,631 | — | $9,631 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,973
- Estimated Expense Ratio: 0.873% 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 | $60,973 | $28,423 | — | — | — |
| 2023 | $48,740 | $22,513 | — | — | — |
| 2022 | $44,442 | $19,848 | $24,594 | — | — |