Plan Snapshot
- Plan Sponsor: System One Holdings, LLC
- Sponsor EIN: 261614980
- Sponsor Address: 210 SIXTH AVENUE, PITTSBURGH, PA, 15222
- Plan Type: 401(k)
- Total Participants: 8,326
- Total Assets: $103.7M
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 | 8,326 | $103.7M | $0 | $11.9M |
| 2023 | 5,529 | $89.2M | $0 | $11.1M |
| 2022 | 6,552 | $71.4M | $0 | $9.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $134,510 | — | $134,510 |
| PNC BANK NATIONAL ASSOCIATION | INVESTMENT ADVISOR | $42,547 | — | $42,547 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,057
- Estimated Expense Ratio: 0.171% 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 | $177,057 | $42,547 | $300 | — | — |
| 2023 | $184,581 | $70,000 | — | — | — |
| 2022 | $144,232 | — | — | — | — |