Plan Snapshot
- Plan Sponsor: Board Of Trustees-New York State Nurses Association Pension Plan
- Sponsor EIN: 136604799
- Sponsor Address: PO BOX 12430, ALBANY, NY, 122122430
- Plan Type: DB
- Total Participants: 22,140
- Total Assets: $5.9B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 22,140 | $5.9B | $229.9M | $0 |
| 2023 | 20,564 | $5.5B | $203.3M | $0 |
| 2022 | 19,697 | $5.0B | $181.1M | $0 |
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 |
|---|---|---|---|---|
| CORBIN CAPITAL PARTNERS LP | Other Service Provider | $5,921,179 | — | $5,921,179 |
| THE TOWNSEND GROUP | Other Service Provider | $2,817,139 | — | $2,817,139 |
| ARROWSTREET | Other Service Provider | $2,554,940 | — | $2,554,940 |
| PATHWAY CAPITAL MANAGEMENT | Other Service Provider | $2,100,125 | — | $2,100,125 |
| LOOMIS, SAYLES & CO. | Other Service Provider | $1,727,588 | — | $1,727,588 |
| WALTER SCOTT AND PARTNERS LTD | Other Service Provider | $1,546,150 | — | $1,546,150 |
| WCM MANAGEMENT | Other Service Provider | $1,408,553 | — | $1,408,553 |
| JANUS | Other Service Provider | $1,176,503 | — | $1,176,503 |
| CLIFFWATER LLC | Other Service Provider | $1,112,638 | — | $1,112,638 |
| BRANDYWINE GLOBAL | Other Service Provider | $879,860 | — | $879,860 |
| COMMONWEALTH CREDIT ADVISORS, LLC | Other Service Provider | $801,948 | — | $801,948 |
| ARTISAN PARTNERS LLP | Other Service Provider | $710,273 | — | $710,273 |
| ARROYO | Other Service Provider | $685,653 | — | $685,653 |
| COPELAND CAPITAL MANAGEMENT | Other Service Provider | $667,606 | — | $667,606 |
| PROSAKUER ROSE, LLP | Other Service Provider | $609,823 | — | $609,823 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $601,090 | — | $601,090 |
| COVINGTON & BURLING | Other Service Provider | $597,465 | — | $597,465 |
| NEPC LLC | Recordkeeper | $575,000 | — | $575,000 |
| AMERICAN CENTURY | Other Service Provider | $573,939 | — | $573,939 |
| MCMORGAN & COMPANY | Other Service Provider | — | $530,538 | $530,538 |
| NUANCE INVESTMENTS | Other Service Provider | $509,640 | — | $509,640 |
| CHIEF INVESTMENT OFFICER | Other Service Provider | $494,504 | — | $494,504 |
| I SQUARED CAPITAL | Other Service Provider | $452,696 | — | $452,696 |
| MACKAY SHIELDS INVESTMENT | Other Service Provider | $448,537 | — | $448,537 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $397,058 | — | $397,058 |
| LAZARD | Other Service Provider | $356,269 | — | $356,269 |
| WILLIAM BLAIR & COMPANY | Other Service Provider | $343,710 | — | $343,710 |
| DRIEHAUS CAPITAL MANAGEMENT | Other Service Provider | $336,513 | — | $336,513 |
| COHEN WEISS & SIMON | Other Service Provider | $244,582 | — | $244,582 |
| HORIZON ACTUARIAL SERVICES | Other Service Provider | $241,373 | — | $241,373 |
| CO-DIRECTOR OF RESEARCH 1 | Other Service Provider | $227,899 | — | $227,899 |
| CO-DIRECTOR OF RESEARCH 2 | Other Service Provider | $227,899 | — | $227,899 |
| CHIEF EXECUTIVE OFFICER | Other Service Provider | $205,873 | — | $205,873 |
| BARINGS LLC | Other Service Provider | $194,137 | — | $194,137 |
| MORGAN STANLEY INVESTMENT MANAGEMEN | Recordkeeper | $190,827 | — | $190,827 |
| SR INVESTMENT ANALYST | Other Service Provider | $188,004 | — | $188,004 |
| UHY, LLP | Auditor | $187,750 | — | $187,750 |
| PENSION MANAGER | Other Service Provider | $172,826 | — | $172,826 |
| CHIEF OPERATING OFFICER | Other Service Provider | $156,804 | — | $156,804 |
| INVESTMENT ANALYST 1 | Other Service Provider | $145,188 | — | $145,188 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $136,616 | — | $136,616 |
| PRUDENTIAL INSURANCE COMPANY | Recordkeeper | $40,612 | $95,879 | $136,491 |
| INVESTMENT ANALYST 2 | Other Service Provider | $131,085 | — | $131,085 |
| PENSION DEPARTMENT SUPERVISOR | Other Service Provider | $125,688 | — | $125,688 |
| SR INVESTMENT ANALYST 2 | Other Service Provider | $124,378 | — | $124,378 |
| ADMINISTRATIVE ASSISTANT 3 | Other Service Provider | $111,842 | — | $111,842 |
| PENSION ANALYST 2 | Other Service Provider | $109,670 | — | $109,670 |
| PENSION ANALYST 1 | Other Service Provider | $109,004 | — | $109,004 |
| ADMINISTRATIVE ASSISTANT 4 | Other Service Provider | $108,712 | — | $108,712 |
| PENSION ANALYST 6 | Other Service Provider | $108,051 | — | $108,051 |
| IT MANAGER | Other Service Provider | $105,473 | — | $105,473 |
| PENSION DATA ANALYST | Other Service Provider | $105,373 | — | $105,373 |
| PENSION ANALYST 4 | Other Service Provider | $103,844 | — | $103,844 |
| PENSION ANALYST 7 | Other Service Provider | $100,578 | — | $100,578 |
| PENSION ANALYST 3 | Other Service Provider | $96,213 | — | $96,213 |
| CONTROLLER | Other Service Provider | $90,330 | — | $90,330 |
| JP MORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $86,875 | — | $86,875 |
| PENSION ANALYST 5 | Other Service Provider | $79,648 | — | $79,648 |
| PENSION CLERK | Other Service Provider | $74,554 | — | $74,554 |
| ADMINISTRATIVE SERVICES MANAGER | Other Service Provider | $68,748 | — | $68,748 |
| ACCOUNTING DEPARTMENT SUPERVISOR | Other Service Provider | $67,863 | — | $67,863 |
| COMMUNICATIONS REPRESENTATIVE | Other Service Provider | $63,662 | — | $63,662 |
| BUSINESS DATA ANALYST | Other Service Provider | $63,119 | — | $63,119 |
| SYSTEM ADMINISTRATOR | Other Service Provider | $61,193 | — | $61,193 |
| SR. COMMUNICATIONS SPECIALIST | Other Service Provider | $59,642 | — | $59,642 |
| ADMINISTRATIVE ASSISTANT 1 | Other Service Provider | $56,799 | — | $56,799 |
| HOSPITAL SERVICES REPRESENTATIVE | Other Service Provider | $51,059 | — | $51,059 |
| SR ACCOUNTING ASSOCIATE | Other Service Provider | $49,322 | — | $49,322 |
| ADMINISTRATIVE ASSISTANT 2 | Other Service Provider | $48,091 | — | $48,091 |
| DIRECTOR OF OPERATIONS | Other Service Provider | $45,421 | — | $45,421 |
| IT SUPPORT SPECIALIST | Other Service Provider | $41,506 | — | $41,506 |
| PRUDENTIAL BANK & TRUST COMPANY | Other Service Provider | $30,110 | — | $30,110 |
| RECEPTIONIST | Other Service Provider | $27,941 | — | $27,941 |
| SENECA CONSULTING | Other Service Provider | $18,981 | — | $18,981 |
| STEPSTONE | Other Service Provider | $14,958 | — | $14,958 |
| DW PARTNERS | Other Service Provider | — | $11,885 | $11,885 |
| ALLIANCE WORLDWIDE | Other Service Provider | $9,324 | — | $9,324 |
| MORGAN STANLEY | Recordkeeper | $8,543 | — | $8,543 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC LLC — Recordkeeper
- MORGAN STANLEY INVESTMENT MANAGEMEN — Recordkeeper
- UHY, LLP — Auditor
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
- PRUDENTIAL INSURANCE COMPANY — Recordkeeper
- JP MORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,162,691
- Estimated Expense Ratio: 0.616% 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 | $43,718,846 | $25,782,296 | — | $187,750 | — |
| 2023 | $38,881,715 | $20,868,604 | — | $185,645 | — |
| 2022 | $36,963,267 | $21,056,968 | — | — | $3,940,779 |