Plan Snapshot
- Plan Sponsor: Instructional Empowerment INC
- Sponsor EIN: 880614766
- Sponsor Address: 175 CORNELL RD STE 18, BLAIRSVILLE, PA, 157178076
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 114 | $4.5M | $427,038 | $694,339 |
| 2023 | 125 | $3.5M | $331,003 | $566,652 |
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 |
|---|---|---|---|---|
| FORT PITT CAPITAL | Investment Advisor | $16,463 | — | $16,463 |
| PAYCHEX, INC. | Recordkeeper | $8,530 | — | $8,530 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,993
- Estimated Expense Ratio: 0.555% 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 | $25,853 | $16,463 | $8,530 | — | — |
| 2023 | $9,966 | $2,896 | $6,353 | — | — |