Plan Snapshot
- Plan Sponsor: Milbank LLP
- Sponsor EIN: 135533689
- Sponsor Address: 55 HUDSON YARDS, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 1,061
- Total Assets: $521.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,061 | $521.4M | $9.9M | $17.2M |
| 2023 | 999 | $475.6M | $9.5M | $15.8M |
| 2022 | 947 | $400.0M | $8.2M | $14.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $28,104 | — | $28,104 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $19,223 | — | $19,223 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,327
- Estimated Expense Ratio: 0.009% 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 | $47,062 | $19,223 | — | — | — |
| 2023 | $62,781 | $11,607 | — | — | — |
| 2022 | $99,785 | $5,567 | — | — | — |