Plan Snapshot
- Plan Sponsor: The Malvern School Of Glen Mills
- Sponsor EIN: 232986630
- Sponsor Address: 20 CREEK ROAD, GLEN MILLS, PA, 19342
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $3.6M
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. |
|---|---|---|---|---|
| 2023 | 0 | $3.6M | $61,201 | $432,057 |
| 2022 | 285 | $3.3M | $52,321 | $491,292 |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES | Investment Advisor | $36,368 | — | $36,368 |
| ADP, INC. | Recordkeeper | $5,207 | — | $5,207 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,575
- Estimated Expense Ratio: 1.163% 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 |
|---|---|---|---|---|---|
| 2023 | $23,392 | $18,184 | — | — | — |
| 2022 | $19,189 | — | — | — | — |