Plan Snapshot
- Plan Sponsor: Hunter Business School INC.
- Sponsor EIN: 112555672
- Sponsor Address: 3601 HEMPSTEAD TPKE UNIT 19, LEVITTOWN, NY, 117561331
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $3.7M
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 | 107 | $3.7M | $71,202 | $318,599 |
| 2023 | 129 | $3.3M | $69,728 | $260,997 |
| 2022 | 139 | $3.7M | $93,158 | $348,263 |
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 |
|---|---|---|---|---|
| CARON&BLETZNER | ACCOUNTANT/AUDITOR | $24,550 | — | $24,550 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $11,552 | — | $11,552 |
| STONE HILL FIDUCIARY MANAGEMENT LL | ADVISOR | $8,000 | — | $8,000 |
| MARIAN BROWN | ACCOUNTANT/AUDITOR | $5,250 | — | $5,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON&BLETZNER — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,352
- Estimated Expense Ratio: 1.346% 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 | $49,352 | $8,000 | — | $29,800 | — |
| 2023 | $17,762 | $5,738 | — | $1,950 | — |
| 2022 | $23,120 | $13,684 | $9,372 | — | — |