Plan Snapshot
- Plan Sponsor: Practical Administrative Solutions, LP
- Sponsor EIN: 205476857
- Sponsor Address: 209 SIGMA DRIVE, PITTSBURGH, PA, 152382826
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,217
- Total Assets: $70.0M
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. |
|---|---|---|---|---|
| 2025 | 1,217 | $70.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| WELLS FARGO | Investment Advisor | $94,779 | — | $94,779 |
| ADP, INC. | Recordkeeper | $82,024 | — | $82,024 |
| CATANESE GROUP | Other Service Provider | $16,500 | — | $16,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $193,303
- Estimated Expense Ratio: 0.276% 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 |
|---|---|---|---|---|---|
| 2025 | $10,723,290 | $94,779 | — | $16,500 | — |