Plan Snapshot
- Plan Sponsor: Positive Education Program
- Sponsor EIN: 341127919
- Sponsor Address: 3100 EUCLID AVENUE, CLEVELAND, OH, 441152508
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 206
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 206 | $10.1M | $385,183 | $321,600 |
| 2023 | 214 | $9.5M | $318,801 | $272,456 |
| 2022 | 203 | $8.4M | $283,303 | $242,840 |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $22,929 | $2,340 | $25,269 |
| MGO SECURITIES CORP | Investment Advisor | — | $13,965 | $13,965 |
| MGO ONE SEVEN LLC | Recordkeeper | $6,197 | $592 | $6,789 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,023
- Estimated Expense Ratio: 0.457% 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 | $13,039 | — | — | — | — |
| 2023 | $36,975 | — | — | — | — |
| 2022 | $48,677 | — | — | — | $48,677 |