Plan Snapshot
- Plan Sponsor: New York Life Insurance Company
- Sponsor EIN: 135582869
- Sponsor Address: 51 MADISON AVENUE, ROOM 511, NEW YORK, NY, 100101603
- Plan Type: 401(k)
- Total Participants: 12,706
- Total Assets: $5.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 12,706 | $5.0B | $63.1M | $138.6M |
| 2023 | 12,949 | $4.6B | $60.7M | $132.9M |
| 2022 | 12,759 | $4.1B | $55.4M | $121.1M |
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 |
|---|---|---|---|---|
| PRICEWATERHOUSE COOPERS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSE COOPERS LLC — Auditor
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 | $1,526,446 | $1,525,610 | — | — | — |
| 2023 | $1,312,051 | $1,309,381 | — | — | — |
| 2022 | $1,177,071 | $1,174,925 | — | — | — |