Plan Snapshot
- Plan Sponsor: Austin 3(16) Fiduciary Limited
- Sponsor EIN: 462981114
- Sponsor Address: 119 ELAINE DRIVE, OCEANSIDE, NY, 11572
- Plan Type: 401(k)
- Total Participants: 1,509
- Total Assets: $74.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,509 | $74.5M | $336,188 | $8.4M |
| 2023 | 1,200 | $64.9M | $309,924 | $8.3M |
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 |
|---|---|---|---|---|
| THE INVESTMENT CENTER, INC. | Other Service Provider | $318,019 | — | $318,019 |
| RPG CONSULTANTS | Other Service Provider | $199,396 | — | $199,396 |
| MG TRUST COMPANY | Recordkeeper | $37,101 | — | $37,101 |
| QBOX FIDUCIARY SOLUTIONS, LLC | Other Service Provider | $35,354 | — | $35,354 |
| AUSTIN 3(16) FIDUCIARY LIMITED | Other Service Provider | $20,808 | — | $20,808 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MG TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $610,678
- Estimated Expense Ratio: 0.819% 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 | $614,862 | $322,203 | $56,162 | — | — |
| 2023 | $507,554 | $270,941 | $46,615 | — | — |