Plan Snapshot
- Plan Sponsor: Metropolitan Opera Association, INC.
- Sponsor EIN: 131624087
- Sponsor Address: 30 LINCOLN CENTER, NEW YORK, NY, 10023
- Plan Type: 403(b)
- Total Participants: 859
- Total Assets: $232.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 859 | $232.1M | $128,755 | $9.1M |
| 2023 | 856 | $217.4M | $57,509 | $9.2M |
| 2022 | 794 | $196.2M | $59,595 | $8.6M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISORY | $95,703 | — | $95,703 |
| KPMG LLP | AUDITOR | $90,645 | — | $90,645 |
| PROSKAUER ROSE LLP | LEGAL | $35,692 | — | $35,692 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $17,235 | — | $17,235 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG LLP — AUDITOR
- PROSKAUER ROSE LLP — LEGAL
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $239,275
- Estimated Expense Ratio: 0.103% 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 | $239,275 | $95,703 | — | $90,645 | — |
| 2023 | $187,506 | $53,732 | — | $63,500 | — |
| 2022 | $217,769 | $71,463 | — | — | $63,187 |