Plan Snapshot
- Plan Sponsor: Gp 50 New York Ltd.
- Sponsor EIN: 161265534
- Sponsor Address: 2770 LONG ROAD, GRAND ISLAND, NY, 14072
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 130
- Total Assets: $7.5M
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. |
|---|---|---|---|---|
| 2025 | 130 | $7.5M | $0 | $0 |
| 2024 | 105 | $6.2M | $151,249 | $550,052 |
| 2023 | 115 | $5.4M | $157,220 | $534,162 |
| 2022 | 112 | $4.3M | $147,123 | $492,382 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $57,821 | — | $57,821 |
| UPFSA INSURANCE AGENCY OF ARIZONA I | Other Service Provider | — | $17,673 | $17,673 |
| UNITED PLANNERS' FINANCIAL SERVICES | Other Service Provider | — | $9,057 | $9,057 |
| ACTUARIAL CONSULTING SERVICES, INC | Recordkeeper | $5,330 | $2,673 | $8,003 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,554
- Estimated Expense Ratio: 1.235% 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 |
|---|---|---|---|---|---|
| 2025 | $655,747 | — | $5,330 | — | — |
| 2024 | $56,894 | — | $5,805 | — | — |
| 2023 | $36,825 | — | $36,825 | — | — |
| 2022 | $50,746 | — | $50,746 | — | — |