Plan Snapshot
- Plan Sponsor: Bank Of China
- Sponsor EIN: 133090509
- Sponsor Address: 1045 AVENUE OF THE AMERICAS, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 804
- Total Assets: $169.7M
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 | 804 | $169.7M | $4.0M | $9.3M |
| 2023 | 807 | $137.5M | $3.5M | $8.4M |
| 2022 | 715 | $110.2M | $2.8M | $7.5M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES INC | ADVISOR | — | $218,129 | $218,129 |
| FORVIS MAZARS, LLP | ACCOUNTANT/AUDITOR | $22,880 | — | $22,880 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — ADVISOR
- FORVIS MAZARS, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,009
- Estimated Expense Ratio: 0.142% 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 | -$58,684 | -$4,902 | — | $22,880 | — |
| 2023 | $4,902 | $4,902 | — | — | — |
| 2022 | $5,206 | $5,206 | — | — | — |