Plan Snapshot
- Plan Sponsor: Neue Galerie New York
- Sponsor EIN: 134047433
- Sponsor Address: 1048 FIFTH AVE, NEW YORK, NY, 10028
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 131 | $12.9M | $280,664 | $556,158 |
| 2023 | 103 | $10.6M | $257,187 | $517,322 |
| 2022 | 159 | $8.6M | $237,502 | $706,879 |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES LLC | SVC PROVIDER | — | $41,786 | $41,786 |
| THE PENSION SERVICE, INC. | THIR PARTY ADMINISTRATOR | — | $5,599 | $5,599 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES LLC — SVC PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,385
- Estimated Expense Ratio: 0.368% 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 | $55,223 | — | — | — | — |
| 2023 | $41,342 | — | — | — | — |
| 2022 | — | — | — | — | — |