Plan Snapshot
- Plan Sponsor: Albany Ent & Allergy Services, PC
- Sponsor EIN: 141604510
- Sponsor Address: 123 EVERETT ROAD, ALBANY, NY, 12205
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $18.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 146 | $18.0M | $721,610 | $772,517 |
| 2023 | 141 | $16.2M | $674,318 | $636,342 |
| 2022 | 160 | $13.1M | $487,655 | $406,454 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $26,572 | — | $26,572 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $16,666 | — | $16,666 |
| CREATIVE PENSION CONSULTANTS, INC. | Recordkeeper | — | $5,000 | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,238
- Estimated Expense Ratio: 0.269% 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 | $41,139 | $41,139 | — | — | — |
| 2023 | $34,692 | $34,692 | — | — | — |
| 2022 | — | — | — | — | — |