Plan Snapshot
- Plan Sponsor: Nysarc, INC.
- Sponsor EIN: 135678837
- Sponsor Address: 29 BRITISH AMERICAN BLVD, LATHAM, NY, 12110
- Plan Type: 403(b)
- Total Participants: 21,939
- Total Assets: $647.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 21,939 | $647.6M | $18.1M | $27.3M |
| 2023 | 19,257 | $604.3M | $19.8M | $25.9M |
| 2022 | 7,848 | $526.6M | $12.0M | $14.5M |
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 |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES CO. | NONE | $704,897 | — | $704,897 |
| TIAA | NONE | $41,591 | — | $41,591 |
| THE VARIABLE ANNUITY LIFE INSURANCE | NONE | $8,712 | — | $8,712 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- THE VARIABLE ANNUITY LIFE INSURANCE — NONE
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $755,200
- Estimated Expense Ratio: 0.117% 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 | $763,509 | — | $763,329 | — | — |
| 2023 | $662,014 | — | $662,014 | — | — |
| 2022 | $359,816 | — | $359,816 | — | — |