Plan Snapshot
- Plan Sponsor: Progyny, INC.
- Sponsor EIN: 272220139
- Sponsor Address: 1359 BROADWAY, 2ND FLOOR, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 664
- Total Assets: $30.9M
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 | 664 | $30.9M | $1.8M | $5.2M |
| 2023 | 561 | $22.2M | $1.4M | $4.0M |
| 2022 | 384 | $13.5M | $1.0M | $2.9M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES | INVESTMENT ADVISOR | $72,427 | — | $72,427 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $20,414 | — | $20,414 |
| FIONDELLA, MILONE & LASARACINA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,841
- Estimated Expense Ratio: 0.301% 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 | $114,765 | $92,841 | — | — | — |
| 2023 | $47,651 | $24,639 | — | — | — |
| 2022 | $31,655 | $26,340 | $5,315 | — | — |