Plan Snapshot
- Plan Sponsor: Metrokids Cradle Brooklyn, INC.
- Sponsor EIN: 824046080
- Sponsor Address: 25 MARKET STREET, NEW YORK, NY, 10002
- Plan Type: 401(k)
- Total Participants: 55
- Total Assets: $2.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 55 | $2.8M | $58,555 | $255,043 |
| 2023 | 124 | $2.4M | $73,390 | $255,614 |
| 2022 | 172 | $3.2M | $142,734 | $524,249 |
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 |
|---|---|---|---|---|
| THE ARMSTRONG GROUP, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE ARMSTRONG GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $5,975 | — | $5,775 | — | — |
| 2023 | $16,075 | — | $9,350 | — | — |
| 2022 | $5,100 | — | $5,100 | — | — |