Plan Snapshot
- Plan Sponsor: Queens Law Associates Not-For-Profit Corporation Dba Queens Defenders
- Sponsor EIN: 270364845
- Sponsor Address: 118-21 QUEENS BLVD, FOREST HILLS, NY, 113757209
- Plan Type: 401(k)
- Total Participants: 237
- Total Assets: $21.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 237 | $21.1M | $1.0M | $704,085 |
| 2023 | 219 | $17.8M | $922,931 | $608,749 |
| 2022 | 174 | $15.7M | $870,620 | $572,188 |
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 |
|---|---|---|---|---|
| ALERUS | Investment Advisor | $48,604 | — | $48,604 |
| MONECO ADVISORS | Other Service Provider | $46,698 | — | $46,698 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,302
- Estimated Expense Ratio: 0.453% 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 | $48,604 | $48,604 | — | — | — |
| 2023 | $40,375 | $40,375 | — | — | — |
| 2022 | $38,120 | — | $38,120 | — | — |