Plan Snapshot
- Plan Sponsor: Roosevelt Children'S Academy
- Sponsor EIN: 134119998
- Sponsor Address: 201 DEBEVOISE AVE., ROOSEVELT, NY, 11575
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 129 | $4.4M | $142,513 | $297,597 |
| 2023 | 125 | $3.8M | $145,786 | $299,582 |
| 2022 | 131 | $3.6M | $157,400 | $314,254 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | RECORD KEEPER | $25,913 | — | $25,913 |
| REID CPAS LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,913
- Estimated Expense Ratio: 0.592% 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 | $29,558 | $617 | — | — | — |
| 2023 | $13,691 | — | — | — | — |
| 2022 | $2,572 | — | $2,572 | — | — |