Plan Snapshot
- Plan Sponsor: Blackstone Administrative Services Partnership, L.P.
- Sponsor EIN: 133637000
- Sponsor Address: 345 PARK AVENUE, NEW YORK, NY, 101540004
- Plan Type: 401(k)
- Total Participants: 3,723
- Total Assets: $922.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 3,723 | $922.7M | $8.6M | $74.4M |
| 2023 | 3,481 | $742.5M | $8.8M | $67.1M |
| 2022 | 3,483 | $562.9M | $8.3M | $57.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $170,393 | — | $170,393 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $165,422 | — | $165,422 |
| DELOITTE & TOUCHE | ACCOUNTANT/AUDITOR | $141,448 | — | $141,448 |
| SAGEVIEW | INVESTMENT ADVISOR | $68,000 | — | $68,000 |
| GROOM LAW GROUP CHARTERED | ATTORNEY/LEGAL | $33,002 | — | $33,002 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DELOITTE & TOUCHE — ACCOUNTANT/AUDITOR
- SAGEVIEW — INVESTMENT ADVISOR
- GROOM LAW GROUP CHARTERED — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $578,265
- Estimated Expense Ratio: 0.063% 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 | $578,215 | $238,393 | $2,700 | $141,448 | — |
| 2023 | $385,816 | $158,536 | — | — | — |
| 2022 | $451,543 | $135,605 | — | — | — |