Plan Snapshot
- Plan Sponsor: Provident Charter School
- Sponsor EIN: 611617717
- Sponsor Address: 1400 TROY HILL ROAD, PITTSBURGH, PA, 15212
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 117
- Total Assets: $5.7M
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 | 117 | $5.7M | $641,150 | $301,331 |
| 2023 | 106 | $3.2M | $195,826 | $117,888 |
| 2022 | 105 | $2.5M | $445,025 | $228,114 |
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 |
|---|---|---|---|---|
| METRO BENEFITS, INC. | Recordkeeper | $5,150 | — | $5,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,150
- Estimated Expense Ratio: 0.091% 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 | $5,525 | — | — | — | — |
| 2023 | $15,718 | — | — | — | — |
| 2022 | $123,788 | — | — | — | — |