Plan Snapshot
- Plan Sponsor: Porter-Gaud School
- Sponsor EIN: 570342032
- Sponsor Address: 300 ALBEMARLE ROAD, CHARLESTON, SC, 29407
- Plan Type: 403(b)
- Total Participants: 320
- Total Assets: $53.8M
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. |
|---|---|---|---|---|
| 2024 | 320 | $53.8M | $1.9M | $989,434 |
| 2023 | 362 | $51.1M | $1.7M | $929,043 |
| 2022 | 341 | $44.7M | $1.6M | $887,559 |
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 |
|---|---|---|---|---|
| TIAA | RECORDKEEPER | $49,864 | — | $49,864 |
| SMITH & HOWARD PC | AUDITOR | $12,000 | — | $12,000 |
| CBIZ INVESTMENT ADVISORY | ADVISOR | $7,821 | — | $7,821 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,685
- Estimated Expense Ratio: 0.130% 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 | $71,985 | — | $71,985 | — | — |
| 2023 | $57,509 | $5,854 | — | $8,200 | — |
| 2022 | $49,641 | — | $49,641 | — | — |