Plan Snapshot
- Plan Sponsor: Goldentree Asset Management
- Sponsor EIN: 981018819
- Sponsor Address: 300 PARK AVENUE, 21ST FLOOR, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 0
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.2B | $0 | $0 |
| 2023 | 0 | $1.0B | $0 | $0 |
| 2022 | 0 | $1.2B | $0 | $0 |
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 |
|---|---|---|---|---|
| GOLDENTREE ASSET MANAGEMENT | Investment Advisor | $8,223,333 | — | $8,223,333 |
| STATE STREET FUND SERVICES LTD. | Other Service Provider | $193,668 | — | $193,668 |
| PRICEWATERHOUSECOOPERS | Auditor | $93,770 | — | $93,770 |
| SCHULTE ROTH & ZABEL INTERNATIONAL | ERISA Attorney | $54,184 | — | $54,184 |
| INTERTRUST | Other Service Provider | $51,345 | — | $51,345 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $28,545 | — | $28,545 |
| BANK OF AMERICA / MERRILL LYNCH | Other Service Provider | $23,387 | — | $23,387 |
| BROWN RUDNICK BERLACK ISREAL | ERISA Attorney | $15,598 | — | $15,598 |
| HOULIHAN LOKEY | Other Service Provider | $15,341 | — | $15,341 |
| BRUCE GENDELMAN CO., INC | ERISA Attorney | $15,047 | — | $15,047 |
| 19 DEGREES | Other Service Provider | $10,003 | — | $10,003 |
| ARCESIUM LLC | Other Service Provider | $8,644 | — | $8,644 |
| PROSKAUER ROSE | ERISA Attorney | $5,593 | — | $5,593 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS — Auditor
- SCHULTE ROTH & ZABEL INTERNATIONAL — ERISA Attorney
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,738,458
- Estimated Expense Ratio: 0.725% 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 | $8,890,654 | $7,192,393 | $1,238,893 | $133,937 | — |
| 2023 | $10,183,744 | $8,071,240 | $1,390,084 | $106,044 | — |
| 2022 | $9,125,173 | $7,420,061 | — | — | $240,267 |