Plan Snapshot
- Plan Sponsor: Prwt Services, INC.
- Sponsor EIN: 232528512
- Sponsor Address: 1835 MARKET STREET, 8TH FLOOR, PHILADELPHIA, PA, 19103
- Plan Type: 401(k)
- Total Participants: 453
- Total Assets: $8.7M
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. |
|---|---|---|---|---|
| 2024 | 453 | $8.7M | $320,004 | $511,790 |
| 2023 | 406 | $8.1M | $294,735 | $480,528 |
| 2022 | 198 | $6.8M | $242,044 | $418,697 |
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 |
|---|---|---|---|---|
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Recordkeeper | $38,036 | — | $38,036 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $31,201 | — | $31,201 |
| EQUITABLE ADVISORS LLC | Investment Advisor | $23,887 | — | $23,887 |
| PENN INVESTMENT ADVISORS | Investment Advisor | $16,140 | — | $16,140 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADMIN. GROUP, LLC DBA TAG RESOURCES — Recordkeeper
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- EQUITABLE ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,264
- Estimated Expense Ratio: 1.259% 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 | $109,265 | $40,028 | $69,237 | — | — |
| 2023 | $92,024 | $34,854 | $31,034 | — | — |
| 2022 | $86,643 | $34,776 | $51,867 | — | — |