Plan Snapshot
- Plan Sponsor: Allied Irish Banks, PLC
- Sponsor EIN: 132774656
- Sponsor Address: 825 3RD AVE FL 14, NEW YORK, NY, 100229516
- Plan Type: DB
- Plan Number: 001
- Total Participants: 261
- Total Assets: $30.5M
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. |
|---|---|---|---|---|
| 2025 | 261 | $30.5M | $0 | $0 |
| 2024 | 13 | $29.0M | $0 | $0 |
| 2023 | 13 | $26.5M | $0 | $0 |
| 2022 | 13 | $23.6M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $22,477 | — | $22,477 |
| PRINCIPAL CUSTODY SOLUTIONS | Custodian / Trustee | $5,402 | — | $5,402 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,879
- Estimated Expense Ratio: 0.091% 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 |
|---|---|---|---|---|---|
| 2025 | $995,390 | — | $22,477 | — | — |
| 2024 | $33,420 | — | $33,420 | — | — |
| 2023 | $33,420 | — | $33,420 | — | — |
| 2022 | $33,420 | — | $33,420 | — | — |