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Original filing (PDF)20251014151834NAL0003144721001
POTENTIAL DEVELOPMENT PROGRAM, INC.
Form 5500
FILING_RECEIVED
POTENTIAL DEVELOPMENT PROGRAM, INC. 403(B) PLAN
403(b) retirement plan
Signals · 3
47% in single holding~106 bps in Sched C feesNo recordkeeper disclosed
Active participants
148
Accounts w/ balance
151
Plan assets (EOY)
$2.8M
Net assets (EOY)
$2.8M
How this plan invests
This plan
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 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
77
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "N/A Elsass Financial Group Moderate Allocation Mutual Funds" is 47% of plan.
- 106 bps in Schedule C fees — 103% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for POTENTIAL DEVELOPMENT PROGRAM, INC..
Plan sponsor
Name
POTENTIAL DEVELOPMENT PROGRAM, INC.
EIN
34-0789759
Address
2405 MARKET STREET · YOUNGSTOWN, OH · 44507
Phone
(330) 746-7641
Industry
Educational Servicessee all
Plan administrator
Name
AMI BENEFIT PLAN ADMINISTRATORS INC
EIN
34-1781113
City
YOUNGSTOWN, OH
Phone
(330) 406-9021
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2L · 403(b)(1) annuity
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
HD DAVIS CPAS, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ELSASS FINANCIAL GROUP, INC. | 20-0228797 | — | NONE | $15K | — |
| AMI BENEFIT PLAN ADMINISTRATORS, IN | 34-1781113 | — | NONE | $15K | — |
Investments
32 direct securities· $2.8M(97% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| N/A Elsass Financial Group Moderate Allocation Mutual Funds | — | — | — | $1.3M | 45.2% | |
| N/A Elsass Financial Group Aggressive Allocation Mutual Funds | — | — | — | $258K | 9.0% | |
| N/A American Funds 2040 Target Date Retirement Fund Mutual Funds | — | — | — | $234K | 8.2% | |
| N/A Elsass Financial Group Conservative Allocation Mutual Funds | — | — | — | $199K | 7.0% | |
| N/A Vanguard 500 Index Fund Admiral Mutual Funds | — | — | — | $161K | 5.6% | |
| N/A American Funds 2030 Target Date Retirement Fund Mutual Funds | — | — | — | $104K | 3.6% | |
| N/A Parnassus Core Equity Fund I Mutual Funds | — | — | — | $101K | 3.6% | |
| N/A JPMorgan Large Cap Growth R6 Mutual Funds | — | — | — | $78K | 2.7% | |
| N/A The Standard Stable Assets I Mutual Funds | — | — | — | $69K | 2.4% | |
| N/A JPMorgan US Value Fund R6 Mutual Funds | — | — | — | $61K | 2.1% | |
| Notes receivable from participants (Interest at 5.25 - 10.5%) | — | — | — | $41K | 1.4% | |
| N/A Columbia Mid Cap Index Fund I2 Mutual Funds | — | — | — | $26K | 0.9% | |
| N/A Columbia Small Cap Index Fund I2 Mutual Funds | — | — | — | $19K | 0.6% | |
| N/A Vanguard Growth & Income Fund Mutual Funds ** 69 N/A Vanguard Growth Index Fund Admiral Mutual Funds ** 225 N/A Vanguard Total Bond Market Index Fund Mutual Funds | — | — | — | $18K | 0.6% | |
| N/A American Funds 2060 Target Date Retirement Fund Mutual Funds | — | — | — | $16K | 0.6% | |
| N/A PGIM Global Total Return Fund R6 Mutual Funds | — | — | — | $15K | 0.5% | |
| N/A Cohen & Steers Global Realty Z Mutual Funds ** 15 N/A Columbia High Yield Bond Fund I2 Mutual Funds | — | — | — | $15K | 0.5% | |
| DWS Capital Growth VIP Mutual Funds | — | — | — | $9K | 0.3% | |
| N/A American Funds New World R6 Mutual Funds | — | — | — | $9K | 0.3% | |
| N/A PGIM Total Return Bond Fund R6 Mutual Funds | — | — | — | $6K | 0.2% | |
| Fidelity VIP Contrafund Portfolio Mutual Funds | — | — | — | $5K | 0.2% | |
| N/A American Funds 2020 Target Date Retirement Fund Mutual Funds | — | — | — | $4K | 0.2% | |
| N/A Vanguard Developed Markets Index Fund Mutual Funds | — | — | — | $4K | 0.1% | |
| N/A American Funds 2050 Target Date Retirement Fund Mutual Funds | — | — | — | $3K | 0.1% | |
| Fidelity VIP Equity-Income Portfolio Mutual Funds | — | — | — | $3K | <0.1% | |
| Mutual of America All America Fund Mutual Funds | — | — | — | $2K | <0.1% | |
| N/A American Funds SMALLCAP World Fund Mutual Funds | — | — | — | $2K | <0.1% | |
| Mutual of America Interest Accumulation Mutual Funds | — | — | — | $2K | <0.1% | |
| Mutual of America Life Insurance Equity Index Fund Mutual Funds | — | — | — | $2K | <0.1% | |
| Vanguard VIF International Portfolio Mutual Funds | — | — | — | $2K | <0.1% | |
| N/A T. Rowe Price Blue Chip Growth Fund I Mutual Funds ** 1 N/A T. Rowe Price Overseas Stock Fund I Mutual Funds | — | — | — | $1K | <0.1% | |
| Fidelity VIP Asset Manager Portfolio Mutual Funds | — | — | — | $1K | <0.1% |