Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Equity League 401k Plan
- Sponsor EIN: 134155733
- Sponsor Address: 165 WEST 46TH STREET 8TH FLOOR, NEW YORK, NY, 100362501
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 24,681
- Total Assets: $652.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 24,681 | $652.8M | $0 | $0 |
| 2024 | 24,136 | $557.1M | $11.6M | $13.5M |
| 2023 | 23,362 | $488.2M | $11.5M | $12.9M |
| 2022 | 23,067 | $406.7M | $10.9M | $12.5M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | Other Service Provider | $625,695 | — | $625,695 |
| PROSKAUER ROSE LLP | Other Service Provider | $71,276 | — | $71,276 |
| SPIVAK LIPTON LLP | Other Service Provider | $63,122 | — | $63,122 |
| SEGAL MARCO ADVISORS | Other Service Provider | $62,565 | — | $62,565 |
| SCHULTHEIS & PANETTIERI LLP | Other Service Provider | $61,584 | — | $61,584 |
| TERRY SCHMIDT LLC | Other Service Provider | $11,682 | — | $11,682 |
| THE SEGAL CO (EASTERN STATES) INC | Other Service Provider | $8,926 | — | $8,926 |
| COMPREHENSIVE CONSULTING SOLUTIONS | Other Service Provider | $8,350 | — | $8,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $913,200
- Estimated Expense Ratio: 0.140% 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 |
|---|---|---|---|---|---|
| 2025 | $26,489,608 | $688,260 | — | $55,000 | — |
| 2024 | $1,727,223 | $364,378 | — | $54,000 | — |
| 2023 | $1,399,332 | $52,220 | — | $53,000 | — |
| 2022 | $1,273,559 | $59,304 | — | — | $185,809 |