Plan Snapshot
- Plan Sponsor: The Preservation Society Of Newport County
- Sponsor EIN: 050252708
- Sponsor Address: 424 BELLEVUE AVENUE, NEWPORT, RI, 02840
- Plan Type: 403(b)
- Total Participants: 237
- Total Assets: $15.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 237 | $15.1M | $482,630 | $691,649 |
| 2023 | 216 | $13.3M | $409,234 | $624,280 |
| 2022 | 192 | $13.0M | $360,464 | $530,450 |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $116,156 | — | $7,061 | — | — |
| 2023 | $108,712 | — | — | — | — |
| 2022 | $116,137 | — | — | — | — |