Plan Snapshot
- Plan Sponsor: Frank Scafuri, Iii, D.O., P.C
- Sponsor EIN: 270885070
- Sponsor Address: 2177 VICTORY BLVD, STATEN ISLAND, NY, 10314
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $1.1M
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 | 62 | $1.1M | $0 | $181,980 |
| 2023 | 62 | $1.0M | $0 | $166,385 |
| 2022 | 98 | $761,129 | $0 | $78,791 |
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 |
|---|---|---|---|---|
| BARATZ & ASSOCIATES P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARATZ & ASSOCIATES P.A. — 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 | $10,873 | $6,948 | — | — | — |
| 2023 | $13,043 | — | — | — | — |
| 2022 | $9,033 | — | $9,033 | — | — |