Plan Snapshot
- Plan Sponsor: Metropolitan Homecare Way
- Sponsor EIN: 204009875
- Sponsor Address: 380 88TH ST., BROOKLYN, NY, 11209
- Plan Type: DC
- Total Participants: 528
- Total Assets: $180,241
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 528 | $180,241 | -$801 | $0 |
| 2023 | 844 | $244,004 | $195,527 | $0 |
| 2022 | 823 | $61,004 | $77,973 | $0 |
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 |
|---|---|---|---|---|
| MARCUM | Auditor | — | — | $0 |
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 | $62,598 | — | — | — | — |
| 2023 | $18,535 | — | — | — | — |
| 2022 | $12,384 | — | — | — | — |