Plan Snapshot
- Plan Sponsor: Tenova, INC.
- Sponsor EIN: 232914960
- Sponsor Address: 100 CORPORATE CENTER DR, CORAOPOLIS, PA, 15108
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $36.7M
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 | 77 | $36.7M | $402,372 | $705,316 |
| 2023 | 81 | $34.8M | $349,341 | $661,676 |
| 2022 | 78 | $30.2M | $313,675 | $632,132 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $16,360 | — | $16,360 |
| GROSSMAN YANAK & FORD LLP | AUDITOR | $10,343 | — | $10,343 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $8,645 | — | $8,645 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROSSMAN YANAK & FORD LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,348
- Estimated Expense Ratio: 0.096% 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 | $33,648 | $6,945 | — | $10,343 | — |
| 2023 | $46,409 | $5,635 | — | $25,099 | — |
| 2022 | $32,250 | $6,070 | $17,180 | — | $9,000 |