Plan Snapshot
- Plan Sponsor: Kasowitz Benson Torres LLP
- Sponsor EIN: 133720397
- Sponsor Address: 1633 BROADWAY, NEW YORK, NY, 100196708
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $220.1M
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 | 313 | $220.1M | $2.6M | $5.5M |
| 2023 | 344 | $194.5M | $2.6M | $5.4M |
| 2022 | 347 | $164.4M | $2.0M | $4.8M |
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 | CONTRACT ADMINISTRATOR | $195,497 | — | $195,497 |
| MORGAN STANLEY DOMESTIC HOLDINGS, I | CONSULTANT | — | $110,000 | $110,000 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY DOMESTIC HOLDINGS, I — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $305,497
- Estimated Expense Ratio: 0.139% 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 | $195,497 | — | $195,497 | — | — |
| 2023 | $163,097 | — | $163,097 | — | — |
| 2022 | $157,788 | $9,167 | $148,621 | — | — |