Plan Snapshot
- Plan Sponsor: Northern Manhattan Improvement Corporation
- Sponsor EIN: 132972415
- Sponsor Address: 45 WADSWORTH AVE, NEW YORK, NY, 10033
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $15.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 135 | $15.3M | $778,618 | $426,267 |
| 2023 | 135 | $14.0M | $932,798 | $434,980 |
| 2022 | 157 | $12.8M | $898,552 | $517,653 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES LLP — 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 | $42,203 | $23,441 | $18,762 | — | — |
| 2023 | $27,882 | $27,882 | — | — | — |
| 2022 | $24,661 | $24,661 | — | — | — |