Plan Snapshot
- Plan Sponsor: New Avenues To Independence, INC.
- Sponsor EIN: 340871661
- Sponsor Address: 3615 SUPERIOR AVE, STE 4404A, CLEVELAND, OH, 44114
- Plan Type: 403(b)
- Total Participants: 243
- Total Assets: $2.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 243 | $2.3M | $18,624 | $165,439 |
| 2023 | 242 | $2.6M | $55,850 | $186,246 |
| 2022 | 199 | $2.2M | $2,582 | $179,242 |
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 |
|---|---|---|---|---|
| T ROWE PRICE | Recordkeeper | $15,865 | — | $15,865 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- T ROWE PRICE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,865
- Estimated Expense Ratio: 0.692% 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 | $18,489 | — | $18,489 | — | — |
| 2023 | $17,834 | — | $17,834 | — | — |
| 2022 | $19,438 | — | $19,438 | — | — |