# New York Life Insurance Company Health & Welfare Plan
Source: https://planprovider.pro/companies/new-york-life-insurance-company-135582869-504

> New York Life Insurance Company's Health & Welfare plan: 7,942 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** New York Life Insurance Company

- **Sponsor EIN:** 135582869

- **Sponsor Address:** 51 MADISON AVENUE ROOM 511, NEW YORK, NY, 10010

- **Plan Type:** Health & Welfare

- **Plan Number:** 504

- **Total Participants:** 7,942

- **Total Assets:** $1.1B

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|7,942|$1.1B|$53.0M|$12.7M|

| 2023|8,094|$922.1M|$40.8M|$11.1M|

| 2022|8,213|$823.4M|$34.2M|$11.7M|

## 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|

| ALIGHT SOLUTIONS|Recordkeeper|$514,610|—|$514,610|

| NEPC, LLC|Other Service Provider|$56,788|—|$56,788|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALIGHT SOLUTIONS](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $571,398

- **Estimated Expense Ratio:** 0.054% 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|$6,840,407|$56,800|$2,170,474|—|—|

| 2023|$20,974,512|$31,977|$1,902,203|—|—|

| 2022|$9,684,376|$54,525|$2,516,008|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/new-york-life-insurance-company-135582869-504)

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