Plan Snapshot
- Plan Sponsor: Community Health Center Of Buffalo, INC.
- Sponsor EIN: 161566929
- Sponsor Address: 34 BENWOOD AVE, BUFFALO, NY, 14214
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 144 | $3.9M | $154,360 | $416,276 |
| 2023 | 163 | $3.4M | $147,605 | $375,521 |
| 2022 | 155 | $2.8M | $144,277 | $259,693 |
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 |
|---|---|---|---|---|
| NORTHWEST BANK | Other Service Provider | $13,220 | — | $13,220 |
| DEFINITI-LLC | Other Service Provider | $7,928 | — | $7,928 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,148
- Estimated Expense Ratio: 0.544% 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 | $21,147 | — | — | — | — |
| 2023 | $18,817 | — | — | — | — |
| 2022 | $21,528 | $21,528 | — | — | — |