# Research Foundation Of Cuny City University Of New York Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/research-foundation-of-cuny-city-university-of-new-york-131988190-503

> Research Foundation Of Cuny City University Of New York&#39;s Health &amp; Welfare plan: 1,923 participants, plan year 2024 financials, providers, and benchmarks fro…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Research Foundation Of Cuny City University Of New York

- **Sponsor EIN:** 131988190

- **Sponsor Address:** 230 W. 41ST STREET, NEW YORK, NY, 10036

- **Plan Type:** Health & Welfare

- **Plan Number:** 503

- **Total Participants:** 1,923

- **Total Assets:** $260.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,923|$260.5M|$40.3M|$6.8M|

| 2023|1,845|$235.6M|$37.4M|$6.1M|

| 2022|1,769|$203.8M|$39.3M|$5.6M|

## 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|

| COMERICA BANK|Custodian / Trustee|$51,426|$11,440|$62,866|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $62,866

- **Estimated Expense Ratio:** 0.024% 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|$1,526,983|$1,046,293|—|—|—|

| 2023|$909,228|$557,022|—|—|—|

| 2022|$1,101,788|$754,492|—|—|—|

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