Plan Snapshot
- Plan Sponsor: Food Bank For New York City
- Sponsor EIN: 133179546
- Sponsor Address: 39 BROADWAY, NEW YORK, NY, 100063003
- Plan Type: 403(b)
- Total Participants: 232
- Total Assets: $15.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 232 | $15.1M | $736,801 | $1.1M |
| 2023 | 268 | $12.7M | $595,944 | $850,852 |
| 2022 | 302 | $10.4M | $494,016 | $710,589 |
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 |
|---|---|---|---|---|
| CERINI & ASSOCIATES | Auditor | — | — | $0 |
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 | $12,245 | — | $12,245 | — | — |
| 2023 | $17,595 | — | $17,595 | — | — |
| 2022 | $11,382 | — | $11,382 | — | — |