Plan Snapshot
- Plan Sponsor: Privilege Underwriters, INC.
- Sponsor EIN: 841699173
- Sponsor Address: 44 S. BROADWAY, SUITE 301, WHITE PLAINS, NY, 10601
- Plan Type: 401(k)
- Total Participants: 1,133
- Total Assets: $169.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 1,133 | $169.2M | $6.9M | $12.4M |
| 2023 | 1,089 | $135.9M | $6.4M | $11.7M |
| 2022 | 1,053 | $99.9M | $5.8M | $10.4M |
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 |
|---|---|---|---|---|
| PARK AVENUE SECURITIES | ADVISOR | $100,299 | — | $100,299 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $83,590 | — | $83,590 |
| EISNERAMPER LLP | ACCOUNTANT/AUDITOR | $33,075 | — | $33,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE SECURITIES — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- EISNERAMPER LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $216,964
- Estimated Expense Ratio: 0.128% 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 | $216,964 | $100,299 | — | $33,075 | — |
| 2023 | $177,771 | $75,922 | $600 | $31,500 | — |
| 2022 | $49,988 | — | — | — | — |