Plan Snapshot
- Plan Sponsor: Patriot Growth Insurance Services, LLC
- Sponsor EIN: 831204744
- Sponsor Address: 501 OFFICE CENTER DRIVE, FORT WASHINGTON, PA, 19034
- Plan Type: 401(k)
- Total Participants: 1,917
- Total Assets: $147.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,917 | $147.4M | $6.7M | $14.8M |
| 2023 | 1,734 | $109.5M | $6.1M | $12.6M |
| 2022 | 1,622 | $75.0M | $4.6M | $9.4M |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | RETAINED BY PLAN SPONSOR | $245,942 | — | $245,942 |
| JOHN HANCOCK RETIREMENT | RETAINED BY PLAN SPONSOR | $240,247 | — | $240,247 |
| TORRILLO & ASSOCIATES LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT — RETAINED BY PLAN SPONSOR
- TORRILLO & ASSOCIATES LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $486,189
- Estimated Expense Ratio: 0.330% 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 | $486,189 | $245,942 | $240,247 | — | — |
| 2023 | $332,026 | $164,897 | $167,129 | — | — |
| 2022 | $219,744 | $112,949 | $106,795 | — | — |