Plan Snapshot
- Plan Sponsor: Morris, Duffy, Alonso & Faley LLP
- Sponsor EIN: 133843068
- Sponsor Address: TWO RECTOR STREET, NEW YORK, NY, 10006
- Plan Type: 401(k)
- Total Participants: 51
- Total Assets: $23.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 51 | $23.5M | $0 | $696,464 |
| 2023 | 127 | $17.8M | $0 | $639,548 |
| 2022 | 118 | $13.6M | $0 | $506,767 |
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 |
|---|---|---|---|---|
| ANSEL & SLOTOPOLSKY, LLP | 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 | $376,897 | — | -$37,356 | — | — |
| 2023 | -$3,638 | $3,673 | — | — | — |
| 2022 | $350 | — | — | — | — |