Propel Schools 403(B) Plan — Form 5500 plan (Propel Schools)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Propel Schools 403(B) Plan is a benefit plan reported by Propel Schools under EIN 03-0483260 and plan number 001. The latest loaded filing year is 2023. The filing reports 789 participants and $18,605,465 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Propel Schools
- EIN
- 03-0483260
- Plan number
- 001
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
- Participants
- 789
- End-of-year plan assets
- $18,605,465
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 789 | H, C | 20241015094042NAL0027969905001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,605,465
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,605,465
- Net assets (BOY)
- $14,074,933
Income & contributions
- Employer contributions
- $2,266,625
- Participant contributions
- $1,249,604
- Total contributions
- $3,748,232
- Total income / additions
- $6,528,976
Expenses & distributions
- Benefits paid
- $1,950,382
- Administrative expenses
- $48,062
- Total expenses
- $1,998,444
- Net increase / (decrease)
- $4,530,532
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $17,142 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $11,952 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10,401 | not reported in the loaded dataset | 2023 |
| M2b Retirement Consulting LLC | CONTRACT ADMIN | $5,600 | not reported in the loaded dataset | 2023 |
| Anchor 316 Fiduciary Solutions LLC | OTHER | $2,967 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Propel Schools
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Empower Annuity Insurance Company O — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- M2b Retirement Consulting LLC — Schedule C compensation
- Anchor 316 Fiduciary Solutions LLC — Schedule C compensation