Plan Snapshot
- Plan Sponsor: Active Retirement Community INC.
- Sponsor EIN: 311631439
- Sponsor Address: 1 JEFFERSON FERRY DRIVE, SOUTH SETAUKET, NY, 117204707
- Plan Type: 403(b)
- Total Participants: 373
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 373 | $11.6M | $597,622 | $628,448 |
| 2023 | 330 | $10.7M | $541,567 | $573,667 |
| 2022 | 299 | $8.9M | $527,988 | $548,332 |
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 |
|---|---|---|---|---|
| ASPIRE ADVISORS | N/A | $24,588 | — | $24,588 |
| BENEFIT PLANS ADMINISTRATIVE SERVIC | N/A | $6,472 | — | $6,472 |
| TMI CPA PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TMI CPA PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,060
- Estimated Expense Ratio: 0.268% 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 | $33,350 | — | — | — | — |
| 2023 | $31,275 | — | — | — | — |
| 2022 | $29,014 | $21,332 | — | — | — |