Plan Snapshot
- Plan Sponsor: Metropolitan College Of New York
- Sponsor EIN: 136192377
- Sponsor Address: 60 WEST STREET, NEW YORK, NY, 10006
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 388
- Total Assets: $31.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 388 | $31.4M | $0 | $0 |
| 2024 | 92 | $29.9M | $355,327 | $444,368 |
| 2023 | 88 | $28.3M | $305,207 | $443,515 |
| 2022 | 89 | $26.1M | $293,025 | $399,606 |
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 |
|---|---|---|---|---|
| PLAN PILOT, LLC | Other Service Provider | $30,435 | — | $30,435 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,435
- Estimated Expense Ratio: 0.097% 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 | $3,014,535 | — | $34,131 | — | — |
| 2024 | $1,716 | — | — | — | — |
| 2023 | $175 | — | $175 | — | — |
| 2022 | $150 | — | $150 | — | — |