Plan Snapshot
- Plan Sponsor: St. Lukes Cornwall Hospital
- Sponsor EIN: 141340054
- Sponsor Address: 70 DUBOIS STREET, NEWBURGH, NY, 12550
- Plan Type: DB
- Plan Number: 003
- Total Participants: 55
- Total Assets: $51.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 55 | $51.0M | $647,401 | $0 |
| 2023 | 58 | $50.2M | $1.3M | $0 |
| 2022 | 68 | $47.4M | $0 | $0 |
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 |
|---|---|---|---|---|
| J.P. MORGAN CHASE BANK, N.A. | Other Service Provider | $137,545 | — | $137,545 |
| PEN CHECKS | Other Service Provider | $27,262 | — | $27,262 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $164,807
- Estimated Expense Ratio: 0.323% 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 | $432,424 | $137,545 | — | — | — |
| 2023 | $743,458 | $133,227 | — | — | — |
| 2022 | $804,005 | $239,805 | — | — | — |