Plan Snapshot
- Plan Sponsor: Empire Office, INC.
- Sponsor EIN: 131945763
- Sponsor Address: 654 MADISON AVE., NEW YORK, NY, 10065
- Plan Type: 401(k)
- Total Participants: 756
- Total Assets: $31.1M
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 | 756 | $31.1M | $110,000 | $2.1M |
| 2023 | 659 | $25.9M | $110,000 | $1.8M |
| 2022 | 361 | $21.0M | $110,000 | $1.7M |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | Recordkeeper | $116,995 | — | $116,995 |
| WILSHIRE ASSOCIATES INC. | Investment Advisor | $15,163 | — | $15,163 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,158
- Estimated Expense Ratio: 0.425% 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 | $145,082 | $15,163 | — | — | — |
| 2023 | $150,241 | — | — | — | — |
| 2022 | $132,049 | $106,492 | — | — | $25,557 |