Plan Snapshot
- Plan Sponsor: Per Scholas INC
- Sponsor EIN: 043252955
- Sponsor Address: 804 E 138TH ST, BRONX, NY, 104541902
- Plan Type: 401(k)
- Total Participants: 509
- Total Assets: $13.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 509 | $13.9M | $1.3M | $2.0M |
| 2023 | 470 | $10.2M | $1.1M | $1.7M |
| 2022 | 455 | $6.6M | $761,134 | $1.3M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $81,336 | — | $80,486 | — | — |
| 2023 | $33,500 | — | — | — | — |
| 2022 | $8,120 | — | $8,120 | — | — |