Plan Snapshot
- Plan Sponsor: Our World Neighborhood Charter School
- Sponsor EIN: 113602805
- Sponsor Address: 36-12 35TH AVE, ASTORIA, NY, 11106
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $14.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 184 | $14.9M | $743,859 | $674,367 |
| 2023 | 178 | $12.1M | $741,812 | $682,625 |
| 2022 | 167 | $10.1M | $612,984 | $615,329 |
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 |
|---|---|---|---|---|
| WBG ADVISORS LLC | INVESTMENT ADVISORY PLAN | $25,501 | — | $25,501 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $6,446 | — | $6,446 |
| MENGEL METZGER BARR & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- MENGEL METZGER BARR & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,947
- Estimated Expense Ratio: 0.215% 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 | $14,744 | — | — | — | — |
| 2023 | $11,284 | — | — | — | — |
| 2022 | $5,151 | — | — | — | — |