Plan Snapshot
- Plan Sponsor: 246 Spring Street (Ny), LLC, Dba The Dominick Hotel ('The Hotel')
- Sponsor EIN: 020749830
- Sponsor Address: 246 SPRING STREET, NEW YORK, NY, 10013
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 76 | $4.5M | $99,890 | $285,400 |
| 2023 | 76 | $3.6M | $35,371 | $190,111 |
| 2022 | 74 | $2.9M | $64,549 | $164,406 |
| 2021 | 68 | $3.2M | $0 | $0 |
| 2020 | 88 | $3.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C | 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 | $169,389 | — | $3,750 | — | — |
| 2023 | $250,849 | — | $3,663 | — | — |
| 2022 | $3,325 | — | — | — | — |
| 2021 | $3,179 | — | — | — | — |
| 2020 | $3,513 | — | — | — | — |