Plan Snapshot
- Plan Sponsor: Cellino Law, LLP
- Sponsor EIN: 844131021
- Sponsor Address: 800 DELAWARE AVENUE, BUFFALO, NY, 14209
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $8.2M
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 | 118 | $8.2M | $358,412 | $777,181 |
| 2023 | 102 | $6.0M | $289,651 | $632,671 |
| 2022 | 101 | $5.2M | $285,396 | $581,157 |
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 |
|---|---|---|---|---|
| MODERN WEALTH HOLDINGS, LLC | Other Service Provider | $17,149 | — | $17,149 |
| EMPOWER LIFE & ANNUITY INS CO OF NY | Recordkeeper | $13,772 | — | $13,772 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,921
- Estimated Expense Ratio: 0.378% 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 | $38,139 | $21,792 | $2,575 | — | — |
| 2023 | $20,712 | $16,122 | $2,682 | -$9,929 | — |
| 2022 | $39,967 | $14,524 | $15,514 | — | — |