Plan Snapshot
- Plan Sponsor: Rotterdam Ventures, INC.
- Sponsor EIN: 221865964
- Sponsor Address: 220 HARBORSIDE DRIVE, SCHENECTADY, NY, 12305
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $14.2M
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 | 137 | $14.2M | $330,532 | $726,028 |
| 2023 | 144 | $12.2M | $303,624 | $681,649 |
| 2022 | 140 | $10.6M | $294,073 | $658,142 |
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 |
|---|---|---|---|---|
| CAPTIAL BANK & TRUST | Other Service Provider | $46,718 | — | $46,718 |
| ADP, INC. | Recordkeeper | $10,682 | — | $10,682 |
| MORGAN STANLEY GLOBAL BANKING OPERA | Investment Advisor | $9,527 | — | $9,527 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- MORGAN STANLEY GLOBAL BANKING OPERA — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,927
- Estimated Expense Ratio: 0.473% 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 | $72,331 | $21,531 | — | — | — |
| 2023 | $54,804 | $27,997 | — | $11,100 | — |
| 2022 | $60,488 | — | $60,488 | — | — |