Plan Snapshot
- Plan Sponsor: Adult Resources Center, INC. (D/B/A A.R.C.)
- Sponsor EIN: 111986300
- Sponsor Address: 1145 EAST 55TH STREET, 3RD FLOOR, BROOKLYN, NY, 11234
- Plan Type: 403(b)
- Total Participants: 285
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 285 | $2.7M | $62,257 | $126,672 |
| 2023 | 281 | $2.5M | $52,588 | $107,569 |
| 2022 | 271 | $2.3M | $50,780 | $117,046 |
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 |
|---|---|---|---|---|
| NATIONWIDE | NONE | $13,456 | — | $13,456 |
| COHNREZNICK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — NONE
- COHNREZNICK — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,456
- Estimated Expense Ratio: 0.498% 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 | $328 | — | — | — | — |
| 2023 | $181 | — | — | — | — |
| 2022 | $5,535 | — | — | — | $5,535 |