Plan Snapshot
- Plan Sponsor: Cayuga Medical Center At Ithaca
- Sponsor EIN: 222325405
- Sponsor Address: 101 DATES DRIVE, ITHACA, NY, 14850
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 1,478
- Total Assets: $104.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 1,478 | $104.6M | $1.2M | $4.8M |
| 2022 | 1,369 | $86.6M | $1.2M | $4.9M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $140,475 | — | $140,475 |
| HEALTHCARE COMM SECURITIES CORP | Investment Advisor | $75,143 | — | $75,143 |
| HANYS BENEFIR SERVICES | Investment Advisor | $25,430 | — | $25,430 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,048
- Estimated Expense Ratio: 0.231% 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 | $242,468 | $101,993 | — | — | — |
| 2022 | $229,273 | $103,114 | — | — | — |