Plan Snapshot
- Plan Sponsor: Program Development Services, INC.
- Sponsor EIN: 112715916
- Sponsor Address: 33 35TH STREET SUITE B621, BUILDING, BROOKLYN, NY, 11232
- Plan Type: 403(b)
- Total Participants: 326
- Total Assets: $8.2M
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 | 326 | $8.2M | $166,560 | $412,859 |
| 2023 | 345 | $7.3M | $672,430 | $424,381 |
| 2022 | 362 | $5.8M | $135,434 | $366,381 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $20,329 | — | $20,329 |
| MORGAN STANLEY | OTHER SERVICE | — | $13,422 | $13,422 |
| ASSOCIATED PENSION CONSULTANTS, INC | CONTRACT ADMINISTRATOR | $1,440 | $6,100 | $7,540 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — OTHER SERVICE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,291
- Estimated Expense Ratio: 0.501% 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 | $22,039 | — | $22,039 | — | — |
| 2023 | $18,717 | — | $18,717 | — | — |
| 2022 | $23,245 | — | $23,245 | — | — |