Plan Snapshot
- Plan Sponsor: Albany County Opportunity, INC. Partnership
- Sponsor EIN: 146037204
- Sponsor Address: 333 SHERIDAN AVE., ALBANY, NY, 12206
- Plan Type: 403(b)
- Total Participants: 131
- Total Assets: $4.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 131 | $4.0M | $137,673 | $173,340 |
| 2023 | 144 | $3.2M | $111,105 | $156,673 |
| 2022 | 146 | $2.8M | $113,284 | $138,776 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | Recordkeeper | $14,896 | — | $14,896 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,896
- Estimated Expense Ratio: 0.375% 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 | $20,908 | — | — | — | — |
| 2023 | $20,433 | — | — | — | — |
| 2022 | $22,363 | — | $22,363 | — | — |