Plan Snapshot
- Plan Sponsor: Mental Health Partnerships
- Sponsor EIN: 231425035
- Sponsor Address: 833 CHESTNUT STREET SUITE 1100, PHILADELPHIA, PA, 19107
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 183
- Total Assets: $6.5M
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 | 183 | $6.5M | $186,350 | $287,191 |
| 2023 | 172 | $5.9M | $159,753 | $265,975 |
| 2022 | 150 | $5.3M | $154,604 | $265,877 |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMINISTRATIVE SVCS | Recordkeeper | $35,329 | — | $35,329 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMINISTRATIVE SVCS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,329
- Estimated Expense Ratio: 0.540% 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 | $58,747 | $12,070 | — | — | — |
| 2023 | $50,643 | $10,730 | — | — | — |
| 2022 | $47,395 | $41,914 | — | — | — |