Plan Snapshot
- Plan Sponsor: 741 Eighth Avenue Owners LLC
- Sponsor EIN: 990379850
- Sponsor Address: 305 WEST 46TH STREET, NEW YORK, NY, 10036
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 253 | $3.2M | $461,836 | $313,766 |
| 2023 | 226 | $2.5M | $424,891 | $243,996 |
| 2022 | 214 | $1.6M | $321,844 | $226,222 |
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 |
|---|---|---|---|---|
| FM INTERNATIONAL | Other Service Provider | $23,394 | — | $23,394 |
| NATIONWIDE | Custodian / Trustee | $15,328 | — | $15,328 |
| PROACCOUNT | Investment Advisor | $8,051 | — | $8,051 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Custodian / Trustee
- PROACCOUNT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,773
- Estimated Expense Ratio: 1.454% 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 | $38,689 | — | $38,689 | — | — |
| 2023 | $24,561 | — | $24,561 | — | — |
| 2022 | $19,181 | — | — | — | $19,181 |