Plan Snapshot
- Plan Sponsor: Carey Asset Management Corp
- Sponsor EIN: 134121956
- Sponsor Address: 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Total Participants: 142
- Total Assets: $90.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2023 | 142 | $90.9M | $2.7M | $1.9M |
| 2022 | 135 | $75.4M | $2.3M | $1.6M |
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 |
|---|---|---|---|---|
| NPPG INVESTMENTS SERVICES, LLC | INVESTMENT/FINANCIAL ADVI | $185,040 | — | $185,040 |
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT/FINANCIAL ADVI | $68,046 | — | $68,046 |
| ADP, INC | RECORD KEEPER | $43,178 | $300 | $43,478 |
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC — RECORD KEEPER
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $296,564
- Estimated Expense Ratio: 0.326% 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 |
|---|---|---|---|---|---|
| 2023 | $137,028 | — | — | — | — |
| 2022 | $127,506 | — | — | — | — |