Plan Snapshot
- Plan Sponsor: Equitable Financial Life Insurance Company
- Sponsor EIN: 135570651
- Sponsor Address: 100 MADISON STREET, SYRACUSE, NY, 13202
- Plan Type: DB
- Total Participants: 2,246
- Total Assets: $1.7B
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 | 2,246 | $1.7B | $0 | $0 |
| 2023 | 2,363 | $1.8B | $0 | $0 |
| 2022 | 2,527 | $1.8B | $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 |
|---|---|---|---|---|
| ALLIANCE BERNSTEIN L.P. | Other Service Provider | $3,759,793 | — | $3,759,793 |
| MORGAN STANLEY | Recordkeeper | $3,727,595 | — | $3,727,595 |
| MILLIMAN, INC | Recordkeeper | $1,217,027 | — | $1,217,027 |
| HIGHBRIDGE | Other Service Provider | $523,004 | — | $523,004 |
| NP RAILCAR INVESTMENTS II LLC | Other Service Provider | $322,191 | — | $322,191 |
| ASF VII B L.P | Other Service Provider | $298,391 | — | $298,391 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $183,845 | — | $183,845 |
| EQUITABLE | Recordkeeper | $175,183 | — | $175,183 |
| PRICEWATERHOUSECOOPERS, LLP | Auditor | $125,000 | — | $125,000 |
| KILPATRICK TOWNSEND LLP | Other Service Provider | $57,528 | — | $57,528 |
| ALIGHT SOLUTIONS | Recordkeeper | $32,141 | — | $32,141 |
| LBI SOFTWARE, INC. | Other Service Provider | $18,400 | — | $18,400 |
| GIS PROOF AND CONTROL | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
- MILLIMAN, INC — Recordkeeper
- EQUITABLE — Recordkeeper
- PRICEWATERHOUSECOOPERS, LLP — Auditor
- ALIGHT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,450,098
- Estimated Expense Ratio: 0.607% 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 | $6,361,473 | $1,989,857 | $32,141 | $125,000 | — |
| 2023 | $6,488,365 | $1,972,702 | $32,565 | $130,000 | — |
| 2022 | $6,695,536 | $2,163,454 | — | — | $4,532,082 |