Plan Snapshot
- Plan Sponsor: New York Film Academy, Ltd.
- Sponsor EIN: 133723331
- Sponsor Address: 17 BATTERY PL FL 5, NEW YORK, NY, 10004
- Plan Type: 401(k)
- Total Participants: 1,084
- Total Assets: $15.8M
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 | 1,084 | $15.8M | $7,378 | $1.0M |
| 2023 | 1,041 | $13.6M | $0 | $1.1M |
| 2022 | 869 | $11.1M | $1,625 | $1.1M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $91,122 | — | $91,122 |
| NFP RETIREMENT INC | SERVICE PROVIDER | — | $50,135 | $50,135 |
| PRICEKUBECKA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — SERVICE PROVIDER
- PRICEKUBECKA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,257
- Estimated Expense Ratio: 0.893% 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 | $93,225 | $2,093 | $90,832 | — | — |
| 2023 | $77,886 | $1,556 | $76,230 | — | — |
| 2022 | $74,163 | — | — | — | — |