Plan Snapshot
- Plan Sponsor: Greater Philadelphia Health Action, INC
- Sponsor EIN: 237082074
- Sponsor Address: 1401 S. 31ST ST., PHILADELPHIA, PA, 19146
- Plan Type: 401(k)
- Total Participants: 588
- Total Assets: $27.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 588 | $27.3M | $1.2M | $1.6M |
| 2023 | 542 | $22.7M | $1.1M | $1.4M |
| 2022 | 523 | $18.7M | $972,733 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $132,024 | — | $132,024 |
| SECRITIES AMERICA ADVISORS, INC. | INVESTMENT ADVISORY | — | $39,812 | $39,812 |
| ASCENSUS | CONTRACT ADMINISTRATOR | $7,501 | $8,290 | $15,791 |
| OSAIC WEALTH INC | INVESTMENT ADVISORY | — | $14,804 | $14,804 |
| ATLANTIC PENSION SERVICES INC | CONTRACT ADMINISTRATOR | $8,125 | $3,044 | $11,169 |
| STEPHANO SLACK LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — CONTRACT ADMINISTRATOR
- OSAIC WEALTH INC — INVESTMENT ADVISORY
- STEPHANO SLACK LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $213,600
- Estimated Expense Ratio: 0.781% 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 | $147,649 | — | $147,649 | — | — |
| 2023 | $117,877 | — | $117,877 | — | — |
| 2022 | $111,577 | — | $111,577 | — | — |