Plan Snapshot
- Plan Sponsor: Schenectady Family Health Services
- Sponsor EIN: 141636222
- Sponsor Address: 1044 STATE ST, SCHENECTADY, NY, 12307
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $10.8M
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 | 173 | $10.8M | $462,581 | $784,604 |
| 2023 | 159 | $8.3M | $337,976 | $611,672 |
| 2022 | 156 | $6.4M | $334,408 | $517,567 |
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 |
|---|---|---|---|---|
| NBT BANCORP NA | Recordkeeper | $42,859 | — | $42,859 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NBT BANCORP NA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,859
- Estimated Expense Ratio: 0.399% 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 | $42,858 | — | — | — | — |
| 2023 | $33,970 | — | — | — | — |
| 2022 | $34,490 | — | — | — | — |