Plan Snapshot
- Plan Sponsor: Pace Academy, INC.
- Sponsor EIN: 580706812
- Sponsor Address: 966 WEST PACES FERRY ROAD NW, ATLANTA, GA, 30327
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 745
- Total Assets: $69.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 745 | $69.7M | $0 | $0 |
| 2024 | 335 | $60.8M | $1.2M | $1.5M |
| 2023 | 328 | $54.8M | $1.1M | $1.5M |
| 2022 | 328 | $46.4M | $1.0M | $1.4M |
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 |
|---|---|---|---|---|
| CANNON FINANCIAL STRATEGISTS, INC. | Other Service Provider | $94,879 | — | $94,879 |
| TIAA | Recordkeeper | $26,196 | — | $26,196 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,075
- Estimated Expense Ratio: 0.174% 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 |
|---|---|---|---|---|---|
| 2025 | $3,488,323 | — | $121,075 | — | — |
| 2024 | $109,327 | — | $109,327 | — | — |
| 2023 | $92,660 | — | $92,412 | $248 | — |
| 2022 | $83,107 | — | $83,107 | — | — |