Plan Snapshot
- Plan Sponsor: Fairfield Properties
- Sponsor EIN: 132790635
- Sponsor Address: 538 BROADHOLLOW ROAD, MELVILLE, NY, 11747
- Plan Type: 401(k)
- Total Participants: 524
- Total Assets: $29.0M
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 | 524 | $29.0M | $519,067 | $2.2M |
| 2023 | 453 | $24.4M | $438,183 | $1.9M |
| 2022 | 428 | $21.0M | $407,731 | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $50,467 | — | $50,467 |
| UBS FINANCIAL SERVICES INC | ADVISOR | $48,474 | — | $48,474 |
| EISNERAMPER LLP | ACCOUNTANT/AUDITOR | $14,500 | — | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- UBS FINANCIAL SERVICES INC — ADVISOR
- EISNERAMPER LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,441
- Estimated Expense Ratio: 0.391% 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 | $113,441 | $48,474 | — | $14,500 | — |
| 2023 | $97,118 | $42,230 | — | $13,200 | — |
| 2022 | $99,787 | — | — | — | — |