Plan Snapshot
- Plan Sponsor: Research Foundation Of The City University Of New York
- Sponsor EIN: 131988190
- Sponsor Address: 230 WEST 41ST STREET,, NEW YORK, NY, 10036
- Plan Type: 403(b)
- Total Participants: 12,450
- Total Assets: $929.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 12,450 | $929.2M | $14.4M | $700,513 |
| 2023 | 5,354 | $659.1M | $12.4M | $743,034 |
| 2022 | 5,316 | $595.4M | $10.8M | $780,419 |
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 |
|---|---|---|---|---|
| TIAA | NONE | $242,877 | — | $242,877 |
| JULIAN OSORIO | EMPLOYEE | $113,590 | — | $113,590 |
| CAPTRUST | NONE | $35,750 | — | $35,750 |
| COHNREZNICK LLP | NONE | $30,450 | — | $30,450 |
| NIXON PEABODY | NONE | $30,205 | — | $30,205 |
| FARRAH DORSINVILLE | EMPLOYEE | $20,442 | — | $20,442 |
| DE ZHANG | EMPLOYEE | $15,185 | — | $15,185 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- CAPTRUST — NONE
- COHNREZNICK LLP — NONE
- NIXON PEABODY — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $488,499
- Estimated Expense Ratio: 0.053% 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 | $495,804 | $35,750 | $2,813 | $30,450 | — |
| 2023 | $442,794 | $65,028 | $3,438 | $14,280 | — |
| 2022 | $435,713 | $41,391 | — | — | $44,134 |