Plan Snapshot
- Plan Sponsor: Related Partners, INC.
- Sponsor EIN: 133680053
- Sponsor Address: 30 HUDSON YARDS, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 4,288
- Total Assets: $407.2M
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 | 4,288 | $407.2M | $5.2M | $29.9M |
| 2023 | 4,249 | $349.4M | $5.0M | $28.7M |
| 2022 | 4,198 | $280.7M | $4.6M | $25.6M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $29,000 | — | $29,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,000
- Estimated Expense Ratio: 0.007% 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 | $178,470 | — | — | $29,000 | — |
| 2023 | $183,376 | — | — | $26,500 | — |
| 2022 | $177,897 | — | — | — | — |