Plan Snapshot
- Plan Sponsor: Bayerische Landesbank
- Sponsor EIN: 133029393
- Sponsor Address: 560 LEXINGTON AVE, NEW YORK, NY, 100226828
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $113.7M
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 | 83 | $113.7M | $2.3M | $1.3M |
| 2023 | 81 | $106.0M | $2.4M | $1.4M |
| 2022 | 86 | $97.5M | $2.2M | $1.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $149,289 | $5,761 | $155,050 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $61,012 | $61,012 |
| RSM US LLP | ACCOUNTANT | — | $13,588 | $13,588 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,650
- Estimated Expense Ratio: 0.202% 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 | $149,289 | — | $149,289 | — | — |
| 2023 | $155,566 | — | $155,566 | — | — |
| 2022 | $169,329 | — | $169,329 | — | — |