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Original filing (PDF)20251013102618NAL0001703440001
PROPEL SCHOOLS
Form 5500
FILING_RECEIVED
PROPEL SCHOOLS 403(B) PLAN
403(b) retirement plan
Active participants
593
Accounts w/ balance
767
Plan assets (EOY)
$22.9M
Net assets (EOY)
$22.9M
How this plan invests
This plan
40 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (4 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PROPEL SCHOOLS.
Plan sponsor
Name
PROPEL SCHOOLS
EIN
03-0483260
Address
3447 EAST CARSON STREET, SUITE 200 · PITTSBURGH, PA · 15203
Phone
(412) 325-7305
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2E · Profit-sharing
3H · Sponsor in controlled / affiliated group
2L · 403(b)(1) annuity
2K · 401(m) arrangement
2G · Total participant-directed accounts
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
2S · Automatic enrollment
Audit & trust (Schedule H)
Auditor
GOFF BACKA ALFERA & COMPANY LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $725 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| M2B RETIREMENT CONSULTING LLC | — | WEXFORD, PA | CONTRACT ADMIN | $1K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $7K | — |
Investments
36 direct securities· $22.9M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| T. Rowe Price Retirement Blend 2045-I (1) | — | — | — | $4.7M | 20.6% | |
| T. Rowe Price Retirement Blend 2055-I (1) | — | — | — | $3.9M | 17.0% | |
| T. Rowe Price Retirement Blend 2060-I (1) | — | — | — | $3.0M | 13.0% | |
| T. Rowe Price Retirement Blend 2050-I (1) | — | — | — | $2.8M | 12.2% | |
| T. Rowe Price Retirement Blend 2040-I (1) | — | — | — | $1.7M | 7.6% | |
| Fidelity 500 Index (1) | — | — | — | $1.4M | 6.3% | |
| T. Rowe Price Retirement Blend 2035-I (1) | — | — | — | $1.3M | 5.7% | |
| T. Rowe Price Retirement Blend 2030-I (1) | — | — | — | $743K | 3.2% | |
| Hartford Schroders Intl Stk Sdr | — | — | — | $551K | 2.4% | |
| T. Rowe Price Retirement Blend 2025-I (1) | — | — | — | $502K | 2.2% | |
| Fidelity Mid Cap Index (1) | — | — | — | $405K | 1.8% | |
| American Funds New World R6 (1) | — | — | — | $394K | 1.7% | |
| T. Rowe Price Retirement Blend 2005-I (1) | — | — | — | $168K | 0.7% | |
| Federated Total Return Bond R6 (1) | — | — | — | $167K | 0.7% | |
| T. Rowe Price Retirement Blend 2020-I (1) | — | — | — | $160K | 0.7% | |
| AB Large Cap Growth Z (1) | — | — | — | $146K | 0.6% | |
| Macquarie Small Cap Core R6 (1) | — | — | — | $128K | 0.6% | |
| JP Morgan US Value R6 (1) | — | — | — | $93K | 0.4% | |
| Great-West Guaranteed Interest Fund (1) | — | — | — | $90K | 0.4% | |
| Allspring Spec Mid Cap Value R6 (1) | — | — | — | $87K | 0.4% | |
| T Rowe. Price Government Money (1) | — | — | — | $80K | 0.3% | |
| T. Rowe Price Mid-Cap Growth I (1) | — | — | — | $77K | 0.3% | |
| Pimco Income Instl (1) | — | — | — | $50K | 0.2% | |
| MFS Global Real Estate R6 (1) | — | — | — | $49K | 0.2% | |
| Templeton Global Bond Fund - A (1) | — | — | — | $49K | 0.2% | |
| T. Rowe Price Retirement Blend 2065-I (1) | — | — | — | $37K | 0.2% | |
| Janus Henderson Balanced (1) | — | — | — | $15K | <0.1% | |
| Federated Strategic Value Dividend Fund - A (1) | — | — | — | $13K | <0.1% | |
| Federated Total Return Bond A | — | — | — | $13K | <0.1% | |
| Janus Henderson Developed World Bond N (1) | — | — | — | $11K | <0.1% | |
| Ivy Asset Strategy Fund - A (1) | — | — | — | $7K | <0.1% | |
| Janus Henderson Global Equity I (1) | — | — | — | $4K | <0.1% | |
| AB Emerging Markets Multi-Asset Advisor (1) | — | — | — | $4K | <0.1% | |
| AllianceBernstein Emerging Mkt MultiAsset ADV | — | — | — | $4K | <0.1% | |
| Delaware Ivy Limited Term Bond A (1) | — | — | — | $3K | <0.1% | |
| iShares Russell 1000 Large Cap Index I (1) | — | — | — | $1K | <0.1% |
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