Plan Snapshot
- Plan Sponsor: Progress Foundation
- Sponsor EIN: 941716828
- Sponsor Address: 368 FELL STREET, SAN FRANCISCO, CA, 94102
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 437
- Total Assets: $11.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 437 | $11.9M | $297,081 | $526,878 |
| 2023 | 413 | $11.9M | $270,019 | $382,467 |
| 2022 | 378 | $10.0M | $244,332 | $377,229 |
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 | Custodian / Trustee | $47,848 | — | $47,848 |
| CAMBRIDGE INVESTMENT RESEARCH ADV | Investment Advisor | $16,000 | — | $16,000 |
| PEERY & ASSOCIATES, INC. | Recordkeeper | $5,775 | — | $5,775 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,623
- Estimated Expense Ratio: 0.584% 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 | $29,843 | — | — | — | — |
| 2023 | $15,513 | — | — | — | — |
| 2022 | $48,344 | — | — | — | — |