Plan Snapshot
- Plan Sponsor: Metropolitan New York Coordinating Council On Jewish Poverty
- Sponsor EIN: 132738818
- Sponsor Address: ONE STATE STREET MET COUNCIL, NEW YORK, NY, 10004
- Plan Type: 403(b)
- Total Participants: 205
- Total Assets: $18.5M
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. |
|---|---|---|---|---|
| 2024 | 205 | $18.5M | $97,430 | $809,504 |
| 2023 | 205 | $17.7M | $49,296 | $375,680 |
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 | $59,334 | — | $59,334 |
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT ADVISORY | — | $32,019 | $32,019 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,353
- Estimated Expense Ratio: 0.493% 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 | $59,562 | — | $59,337 | — | — |
| 2023 | $26,565 | — | $26,559 | — | — |