Plan Snapshot
- Plan Sponsor: Penn Asian Senior Services
- Sponsor EIN: 202643138
- Sponsor Address: 6926 OLD YORK ROAD, PHILADELPHIA, PA, 19126
- Plan Type: 401(k)
- Total Participants: 572
- Total Assets: $5.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 572 | $5.2M | $344,189 | $985,325 |
| 2023 | 595 | $3.9M | $270,015 | $720,015 |
| 2022 | 528 | $2.6M | $230,238 | $583,415 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $20,963 | — | $20,963 |
| BELFINT LYONS & SHUMAN P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- BELFINT LYONS & SHUMAN P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,963
- Estimated Expense Ratio: 0.406% 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 | $20,964 | — | — | — | — |
| 2023 | $18,560 | — | — | — | — |
| 2022 | $17,755 | — | — | — | — |