Plan Snapshot
- Plan Sponsor: New York Racing Association, INC.
- Sponsor EIN: 611559040
- Sponsor Address: P.O. BOX 90, JAMAICA, NY, 114170090
- Plan Type: DB
- Plan Number: 003
- Total Participants: 0
- Total Assets: $59.6M
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. |
|---|---|---|---|---|
| 2023 | 0 | $59.6M | $0 | $17,999 |
| 2022 | 41 | $56.1M | $2.0M | $19,248 |
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 |
|---|---|---|---|---|
| JPMORGAN CHASE BANK | Recordkeeper | $105,641 | — | $105,641 |
| MILLIMAN, INC. | Recordkeeper | $89,600 | — | $89,600 |
| TS&W INTERNATIONAL | Other Service Provider | $77,049 | — | $77,049 |
| EATON VANCE | Other Service Provider | $54,693 | — | $54,693 |
| MERCER INVESTMENT CONSULTING, INC. | Other Service Provider | $39,883 | — | $39,883 |
| KPMG LLP | Auditor | $37,140 | — | $37,140 |
| VANGUARD | Other Service Provider | $8,632 | — | $8,632 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN CHASE BANK — Recordkeeper
- MILLIMAN, INC. — Recordkeeper
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $412,638
- Estimated Expense Ratio: 0.692% 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 |
|---|---|---|---|---|---|
| 2023 | $449,503 | $233,215 | $39,884 | $37,140 | — |
| 2022 | $505,198 | $277,284 | — | — | $192,890 |