Plan Snapshot
- Plan Sponsor: Luzerne County Headstart, INC.
- Sponsor EIN: 232038753
- Sponsor Address: 23 BEEKMAN ST, WILKES BARRE, PA, 18702
- Plan Type: DC
- Total Participants: 216
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 216 | $12.5M | $531,428 | $310,141 |
| 2023 | 211 | $11.3M | $1.1M | $286,191 |
| 2022 | 230 | $9.4M | $929,638 | $262,235 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $40,172 | — | $40,172 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | INVESTMENT ADVISOR FEES | $16,890 | — | $16,890 |
| SNYDER & CLEMENTE ACCTS & CONSULTIN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- SNYDER & CLEMENTE ACCTS & CONSULTIN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,062
- Estimated Expense Ratio: 0.455% 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 | $40,172 | $16,890 | $23,282 | — | — |
| 2023 | $34,159 | $14,255 | $19,904 | — | — |
| 2022 | $9,334 | $2,283 | $7,051 | — | — |