Plan Snapshot
- Plan Sponsor: Artnet Worldwide Corporation
- Sponsor EIN: 133527875
- Sponsor Address: ONE WORLD TRADE CENTER, NEW YORK, NY, 10007
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $9.0M
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 | 90 | $9.0M | $192,416 | $600,590 |
| 2023 | 100 | $7.5M | $221,645 | $722,537 |
| 2022 | 113 | $5.7M | $203,227 | $622,684 |
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 |
|---|---|---|---|---|
| FIRST REPUBLIC INVESTMENT MANAGEMEN | INVESTMENT/FINANCIAL ADVI | $20,377 | — | $20,377 |
| ADP, INC. | RECORD KEEPER | $9,220 | — | $9,220 |
| JP MORGAN SECURITIES LLC | INVESTMENT/FINANCIAL ADVI | $6,603 | — | $6,603 |
| PRAGER METIS CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- JP MORGAN SECURITIES LLC — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,200
- Estimated Expense Ratio: 0.401% 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 | $36,202 | $26,982 | — | — | — |
| 2023 | $22,692 | $21,492 | — | — | — |
| 2022 | $20,599 | — | — | — | — |