Plan Snapshot
- Plan Sponsor: Meeting Street Schools
- Sponsor EIN: 204587841
- Sponsor Address: 200 MEETING STREET, CHARLESTON, SC, 29401
- Plan Type: 403(b)
- Total Participants: 326
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 326 | $9.7M | $605,014 | $1.4M |
| 2023 | 380 | $7.7M | $475,949 | $1.2M |
| 2022 | 358 | $5.5M | $404,715 | $1.1M |
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 | RECORDKEEPER | $46,671 | — | $46,671 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $17,785 | — | $17,785 |
| WELLTH ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $11,926 | — | $11,926 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $8,076 | — | $8,076 |
| ELLIOT DAVIS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOT DAVIS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,458
- Estimated Expense Ratio: 0.867% 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 | $84,531 | — | $84,531 | — | — |
| 2023 | $65,100 | — | $65,100 | — | — |
| 2022 | $56,208 | — | $56,208 | — | — |