Plan Snapshot
- Plan Sponsor: Make The Road New York
- Sponsor EIN: 113344389
- Sponsor Address: 301 GROVE STREET, BROOKLYN, NY, 11237
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $12.1M
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 | 352 | $12.1M | $845,695 | $1.3M |
| 2023 | 312 | $9.5M | $719,786 | $1.1M |
| 2022 | 302 | $7.0M | $619,129 | $867,702 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,544 | — | $27,544 |
| CETERA ADVISORS LLC | ADVISOR | — | $24,931 | $24,931 |
| WITHUMSMITH BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WITHUMSMITH BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,475
- Estimated Expense Ratio: 0.434% 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 | $27,544 | — | — | — | — |
| 2023 | $19,864 | — | — | — | — |
| 2022 | $17,552 | — | — | — | — |