Plan Snapshot
- Plan Sponsor: Prep For Prep
- Sponsor EIN: 132613383
- Sponsor Address: 328 W 71ST STREET, NEW YORK, NY, 100233502
- Plan Type: 403(b)
- Total Participants: 82
- Total Assets: $15.3M
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 | 82 | $15.3M | $354,182 | $361,541 |
| 2023 | 62 | $13.5M | $314,805 | $288,007 |
| 2022 | 60 | $11.5M | $286,054 | $264,918 |
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 |
|---|---|---|---|---|
| MITCHELL AND TITUS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MITCHELL AND TITUS LLP — Auditor
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 | $9,228 | — | $9,228 | — | — |
| 2023 | $5,847 | — | $5,847 | — | — |
| 2022 | $3,973 | — | $3,973 | — | — |