Plan Snapshot
- Plan Sponsor: New Era Cap, LLC
- Sponsor EIN: 160770131
- Sponsor Address: 160 DELAWARE AVE., BUFFALO, NY, 142022404
- Plan Type: 401(k)
- Total Participants: 553
- Total Assets: $70.8M
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 | 553 | $70.8M | $1.8M | $3.9M |
| 2023 | 500 | $63.3M | $1.6M | $3.5M |
| 2022 | 460 | $51.6M | $1.4M | $3.1M |
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 |
|---|---|---|---|---|
| FREED MAXICK P.C. | 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 | -$41,335 | — | — | — | — |
| 2023 | -$38,450 | — | — | — | — |
| 2022 | -$29,990 | — | — | — | — |