Plan Snapshot
- Plan Sponsor: Securities Industry And Financial Markets Association
- Sponsor EIN: 320178959
- Sponsor Address: 140 BROADWAY, 35TH FLOOR, NEW YORK, NY, 10005
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $103.8M
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. |
|---|---|---|---|---|
| 2024 | 147 | $103.8M | $2.9M | $2.2M |
| 2023 | 133 | $94.0M | $2.6M | $2.2M |
| 2022 | 128 | $77.0M | $2.2M | $1.8M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $27,009 | — | $27,009 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,009
- Estimated Expense Ratio: 0.026% 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 | $203,008 | — | — | $27,009 | — |
| 2023 | $73,143 | — | — | $25,970 | — |
| 2022 | $67,180 | — | — | — | $65,850 |