Plan Snapshot
- Plan Sponsor: Albany Med Health System
- Sponsor EIN: 141641730
- Sponsor Address: 43 NEW SCOTLAND AVENUE, ALBANY, NY, 12208
- Plan Type: DB
- Total Participants: 7,970
- Total Assets: $289.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 7,970 | $289.7M | $14.2M | $0 |
| 2023 | 7,988 | $287.1M | $756,998 | $0 |
| 2022 | 7,722 | $307.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| UHY LLP | Auditor | $15,759 | — | $15,759 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,759
- Estimated Expense Ratio: 0.005% 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 | $2,190,939 | $175,630 | — | $15,759 | — |
| 2023 | $2,532,435 | $623,442 | — | — | — |
| 2022 | $2,414,371 | $658,332 | — | — | — |