Plan Snapshot
- Plan Sponsor: National Debt Relief
- Sponsor EIN: 271182232
- Sponsor Address: 180 MAIDEN LANE, NEW YORK, NY, 10038
- Plan Type: 401(k)
- Total Participants: 1,996
- Total Assets: $61.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,996 | $61.9M | $4.3M | $10.7M |
| 2023 | 1,830 | $45.5M | $3.5M | $8.3M |
| 2022 | 1,143 | $30.3M | $2.6M | $6.1M |
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 |
|---|---|---|---|---|
| CERINI & ASSOCIATES 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 | $308,003 | $95,879 | — | — | — |
| 2023 | $177,921 | $91,626 | — | — | — |
| 2022 | $141,835 | — | — | — | — |