Plan Snapshot
- Plan Sponsor: National Property Management Associates, INC.
- Sponsor EIN: 161443415
- Sponsor Address: 4221 NORTH BUFFALO STREET, ORCHARD PARK, NY, 14127
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 393
- Total Assets: $4.7M
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. |
|---|---|---|---|---|
| 2025 | 393 | $4.7M | $0 | $0 |
| 2024 | 427 | $4.1M | $251,512 | $463,993 |
| 2023 | 372 | $3.9M | $197,648 | $396,529 |
| 2022 | 305 | $3.4M | $189,495 | $414,463 |
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 | $21,679 | — | $21,679 |
| NOTE ADVISORS LLC | Investment Advisor | $8,432 | — | $8,432 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,111
- Estimated Expense Ratio: 0.641% 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 |
|---|---|---|---|---|---|
| 2025 | $784,100 | $8,551 | — | — | — |
| 2024 | $30,239 | $7,929 | — | — | — |
| 2023 | $22,884 | $11,647 | — | — | — |
| 2022 | $23,065 | $13,759 | $9,306 | — | — |