Plan Snapshot
- Plan Sponsor: Ohl, N.A. 401(K) Plan
- Sponsor EIN: 980461222
- Sponsor Address: 75-20 ASTORIA BLVD, EAST ELMHURST, NY, 11370
- Plan Type: 401(k)
- Total Participants: 814
- Total Assets: $103.8M
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 | 814 | $103.8M | $3.0M | $5.4M |
| 2023 | 797 | $94.3M | $2.6M | $5.5M |
| 2022 | 830 | $83.7M | $3.7M | $5.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $108,140 | — | $108,140 |
| WELLS FARGO ADVISORS | INVESTMENT ADVISORY | $55,000 | — | $55,000 |
| GRASSI & CO. CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,140
- Estimated Expense Ratio: 0.157% 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 | $163,140 | $55,000 | $108,140 | — | — |
| 2023 | $134,483 | $40,000 | $94,483 | — | — |
| 2022 | $132,023 | $40,000 | $92,023 | — | — |