Plan Snapshot
- Plan Sponsor: Ellis Medicine
- Sponsor EIN: 141338428
- Sponsor Address: 1101 NOTT STREET, SCHENECTADY, NY, 123082425
- Plan Type: DB
- Total Participants: 197
- Total Assets: $34.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 197 | $34.2M | $0 | $0 |
| 2023 | 231 | $54.0M | $0 | $0 |
| 2022 | 255 | $56.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| WELLINGTON MANAGEMENT COMPANY LLP | Other Service Provider | $266,339 | — | $266,339 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Recordkeeper | $232,417 | — | $232,417 |
| MILLIMAN, INC. | Recordkeeper | $69,263 | — | $69,263 |
| PRINCIPAL BANK | Other Service Provider | $33,681 | — | $33,681 |
| FUSTCHARLES LLP | Auditor | $24,375 | — | $24,375 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Recordkeeper
- MILLIMAN, INC. — Recordkeeper
- FUSTCHARLES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $626,075
- Estimated Expense Ratio: 1.832% 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 | $730,307 | $498,756 | $33,681 | $24,375 | — |
| 2023 | $504,105 | $203,718 | $37,927 | -$4,696 | — |
| 2022 | $583,982 | $307,379 | $43,229 | — | $127,862 |