Plan Snapshot
- Plan Sponsor: Phipps Houses
- Sponsor EIN: 111187480
- Sponsor Address: 902 BROADWAY, NEW YORK, NY, 100106033
- Plan Type: 401(k)
- Total Participants: 448
- Total Assets: $27.1M
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 | 448 | $27.1M | $1.2M | $2.2M |
| 2023 | 429 | $24.7M | $1.1M | $2.2M |
| 2022 | 414 | $19.7M | $791,192 | $1.9M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
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 | $82,324 | — | $82,324 | — | — |
| 2023 | $92,460 | — | $92,460 | — | — |
| 2022 | $88,610 | — | $88,610 | — | — |