Plan Snapshot
- Plan Sponsor: The Providence Community Health Cen
- Sponsor EIN: 050368134
- Sponsor Address: 375 ALLENS AVE, PROVIDENCE, RI, 02905
- Plan Type: 403(b)
- Total Participants: 634
- Total Assets: $99.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 634 | $99.8M | $2.4M | $3.6M |
| 2023 | 669 | $90.6M | $2.3M | $3.6M |
| 2022 | 668 | $80.1M | $2.1M | $3.4M |
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 |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES, LLC | CONTRACT ADMINISTRATOR | $409,279 | — | $409,279 |
| KAHN, LITWIN, RENZA & CO, LTD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $409,279
- Estimated Expense Ratio: 0.410% 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 | $423,698 | $147,622 | $78,972 | — | — |
| 2023 | $291,737 | $73,723 | $18,691 | — | — |
| 2022 | $364,746 | $86,663 | $46,094 | — | $223,739 |