Plan Snapshot
- Plan Sponsor: Benchmark Education Company LLC
- Sponsor EIN: 133996703
- Sponsor Address: 145 HUGUENOT STREET 8TH FLOOR, NEW ROCHELLE, NY, 10801
- Plan Type: 401(k)
- Total Participants: 640
- Total Assets: $43.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 640 | $43.4M | $846,406 | $4.3M |
| 2023 | 496 | $33.2M | $819,782 | $3.6M |
| 2022 | 454 | $25.7M | $751,168 | $3.1M |
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 |
|---|---|---|---|---|
| WILKIN & GUTTENPLAN, P.C. | Auditor | $19,500 | — | $19,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILKIN & GUTTENPLAN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,500
- Estimated Expense Ratio: 0.045% 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 | $112,118 | $28,746 | — | $19,500 | — |
| 2023 | $93,684 | $26,610 | — | $17,750 | — |
| 2022 | $113,179 | — | — | — | — |