Plan Snapshot
- Plan Sponsor: Eastern Niagara Hospital, INC.
- Sponsor EIN: 161137084
- Sponsor Address: 521 EAST AVE, LOCKPORT, NY, 140943201
- Plan Type: 403(b)
- Total Participants: 34
- Total Assets: $126,967
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 34 | $126,967 | $194,684 | $328,079 |
| 2022 | 328 | $7.8M | $362,920 | $552,327 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $113,948 | — | $113,948 |
| LAWLEY RETIREMENT ADVISORS, LLC | Investment Advisor | $29,976 | $24 | $30,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,948
- Estimated Expense Ratio: 113.374% 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 | $71,968 | $14,994 | $56,974 | — | — |
| 2022 | $71,267 | $14,993 | $56,274 | — | — |