Plan Snapshot
- Plan Sponsor: Firstlight Fiber, INC.
- Sponsor EIN: 010656735
- Sponsor Address: 12 METRO PARK ROAD, ALBANY, NY, 12205
- Plan Type: 401(k)
- Total Participants: 494
- Total Assets: $73.1M
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 | 494 | $73.1M | $1.8M | $4.0M |
| 2023 | 520 | $67.6M | $1.9M | $4.2M |
| 2022 | 654 | $59.4M | $2.0M | $4.2M |
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 |
|---|---|---|---|---|
| BST AND CO CPAS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BST AND CO CPAS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $94,756 | $12,500 | — | — | — |
| 2023 | $195,871 | $151,118 | $44,753 | — | — |
| 2022 | $169,432 | $149,456 | $19,976 | — | — |