Plan Snapshot
- Plan Sponsor: Schuyler Hospital
- Sponsor EIN: 150533564
- Sponsor Address: 220 STEUBEN ST., MONTOUR FALLS, NY, 14865
- Plan Type: 401(k)
- Total Participants: 401
- Total Assets: $14.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 401 | $14.8M | $436,156 | $787,113 |
| 2023 | 371 | $14.3M | $433,291 | $763,645 |
| 2022 | 362 | $13.0M | $398,874 | $672,990 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $66,452 | — | $66,452 |
| KESTRA INVESTMENT SERVICES, LLC | BROKER DEALER | $50,863 | — | $50,863 |
| NEWPORT TRUST COMPANY | TRUSTEE | $8,152 | — | $8,152 |
| BONADIO & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES, LLC — BROKER DEALER
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,467
- Estimated Expense Ratio: 0.846% 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 | $125,467 | $50,863 | $61,054 | — | — |
| 2023 | $84,598 | $33,203 | $42,126 | — | — |
| 2022 | $79,777 | $29,109 | $50,668 | — | — |