Plan Snapshot
- Plan Sponsor: Agricultural Bank Of China 401(K) Plan
- Sponsor EIN: 133951245
- Sponsor Address: 277 PARK AVE FL 30, NEW YORK, NY, 101723099
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 98 | $12.8M | $577,066 | $1.4M |
| 2023 | 95 | $10.3M | $535,362 | $1.2M |
| 2022 | 75 | $7.9M | $495,827 | $1.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $56,834 | — | $56,834 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $11,569 | — | $11,569 |
| RED BANK PENSION SERVICES INC | CONTRACT ADMIN | $200 | $5,529 | $5,729 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,132
- Estimated Expense Ratio: 0.580% 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 | $68,603 | $11,569 | $200 | — | — |
| 2023 | $62,861 | — | $62,161 | — | — |
| 2022 | $45,324 | — | — | — | $45,324 |