Plan Snapshot
- Plan Sponsor: Bobby Buka, M.D., P.C.
- Sponsor EIN: 208175031
- Sponsor Address: 220 FRONT STREET, NEW YORK, NY, 10038
- Plan Type: 401(k)
- Total Participants: 580
- Total Assets: $3.1M
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. |
|---|---|---|---|---|
| 2024 | 580 | $3.1M | $25,882 | $764,284 |
| 2023 | 478 | $2.1M | $0 | $401,837 |
| 2022 | 342 | $1.6M | $0 | $240,730 |
| 2021 | 317 | $882,672 | $0 | $0 |
| 2020 | 137 | $735,147 | $10,574 | $158,645 |
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 |
|---|---|---|---|---|
| THE BENEFIT PRACTICE | THIRD PARTY ADMIN | $11,600 | $1,153 | $12,753 |
| LILLING & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LILLING & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,753
- Estimated Expense Ratio: 0.412% 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 | $16,211 | — | — | — | — |
| 2023 | $4,639 | — | $4,639 | — | — |
| 2022 | $3,480 | — | $3,480 | — | — |
| 2021 | $5,818 | — | $5,818 | — | — |
| 2020 | $1,435,669 | — | $2,525 | — | — |