Plan Snapshot
- Plan Sponsor: Feedmore Of Western New York,
- Sponsor EIN: 222470820
- Sponsor Address: 100 JAMES E CASEY DRIVE, BUFFALO, NY, 14206
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 190 | $6.2M | $291,616 | $495,695 |
| 2023 | 171 | $4.9M | $244,081 | $428,272 |
| 2022 | 155 | $3.7M | $198,273 | $319,308 |
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 | RECORD KEEPER | $27,223 | — | $27,223 |
| FREED MAXICK P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,223
- Estimated Expense Ratio: 0.443% 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 | $34,496 | — | — | — | — |
| 2023 | $31,288 | — | — | — | — |
| 2022 | $18,825 | — | — | — | — |