Plan Snapshot
- Plan Sponsor: St. Nicks Alliance
- Sponsor EIN: 510192170
- Sponsor Address: 2 KINGSLAND AVENUE, BROOKLYN, NY, 11211
- Plan Type: 401(k)
- Total Participants: 296
- Total Assets: $19.4M
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 | 296 | $19.4M | $778,417 | $1.0M |
| 2023 | 234 | $16.2M | $685,262 | $846,799 |
| 2022 | 223 | $12.9M | $551,908 | $680,603 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $57,242 | — | $57,242 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $38,574 | $12,671 | $51,245 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,487
- Estimated Expense Ratio: 0.559% 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 | $95,818 | $38,575 | — | — | — |
| 2023 | $81,162 | $31,537 | — | — | — |
| 2022 | $79,769 | — | — | — | — |