Plan Snapshot
- Plan Sponsor: Steven Madden Ltd.
- Sponsor EIN: 133588231
- Sponsor Address: 52 16 BARNETT AVENUE, LONG ISLAND CITY, NY, 11104
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,389
- Total Assets: $125.0M
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 | 2,389 | $125.0M | $2.3M | $8.1M |
| 2023 | 1,318 | $100.4M | $2.0M | $6.8M |
| 2022 | 1,265 | $83.5M | $1.9M | $6.1M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Investment Advisor | $138,124 | — | $138,124 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $82,014 | — | $82,014 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $220,138
- Estimated Expense Ratio: 0.176% 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 | $220,138 | $138,124 | — | — | — |
| 2023 | $116,391 | $68,744 | — | — | — |
| 2022 | $6,928 | — | — | — | — |