Plan Snapshot
- Plan Sponsor: Samaritan Daytop Village, INC.
- Sponsor EIN: 112635374
- Sponsor Address: 138-02 QUEENS BOULEVARD, JAMAICA, NY, 11435
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 4,547
- Total Assets: $57.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2025 | 4,547 | $57.0M | $0 | $0 |
| 2024 | 1,375 | $49.8M | $3.3M | $3.7M |
| 2023 | 1,323 | $43.4M | $3.2M | $2.9M |
| 2022 | 1,215 | $36.2M | $2.8M | $2.9M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE | Recordkeeper | $192,730 | — | $192,730 |
| ALLIANT INSURANCE SERVICES INC. | Other Service Provider | $42,357 | $23,625 | $65,982 |
| CETERA ADVISOR NETWORKS LLC | Investment Advisor | — | $43,233 | $43,233 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $301,945
- Estimated Expense Ratio: 0.529% 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 |
|---|---|---|---|---|---|
| 2025 | $6,207,889 | — | $194,605 | — | — |
| 2024 | $35,450 | — | $35,450 | — | — |
| 2023 | $20,335 | — | $20,335 | — | — |
| 2022 | $36,999 | — | $36,999 | — | — |