Plan Snapshot
- Plan Sponsor: Munson Williams Proctor Institute
- Sponsor EIN: 150532214
- Sponsor Address: 310 GENESEE STREET, UTICA, NY, 135024764
- Plan Type: 403(b)
- Total Participants: 107
- Total Assets: $22.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 107 | $22.1M | $285,182 | $464,069 |
| 2023 | 103 | $20.0M | $265,649 | $416,892 |
| 2022 | 108 | $17.9M | $235,436 | $399,432 |
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 |
|---|---|---|---|---|
| MUNSON WILLIAMS PROCTOR INSTITUTE | Other Service Provider | $38,667 | — | $38,667 |
| TIAA | Other Service Provider | $5,560 | — | $5,560 |
| GROSSMAN ST. AMOUR CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,227
- Estimated Expense Ratio: 0.200% 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 | $44,002 | — | — | — | — |
| 2023 | $2,629 | — | — | — | — |
| 2022 | $576 | — | — | — | — |