Plan Snapshot
- Plan Sponsor: Safra National Bank Of New York
- Sponsor EIN: 133379508
- Sponsor Address: 546 FIFTH AVENUE, NEW YORK, NY, 10036
- Plan Type: 401(k)
- Total Participants: 402
- Total Assets: $91.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 402 | $91.9M | $3.1M | $4.7M |
| 2023 | 357 | $75.8M | $2.5M | $3.8M |
| 2022 | 308 | $59.1M | $2.1M | $3.2M |
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 |
|---|---|---|---|---|
| SC&H ATTEST SERVICES, P.C., | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SC&H ATTEST SERVICES, P.C., — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $35,309 | $21,729 | — | — | — |
| 2023 | $35,789 | $17,458 | $300 | — | — |
| 2022 | $56,137 | $17,331 | — | — | — |