Plan Snapshot
- Plan Sponsor: Suffolk Restorative Therapy & Nursing LLC
- Sponsor EIN: 263668051
- Sponsor Address: 2 MEDICAL PLAZA, GLEN COVE, NY, 11542
- Plan Type: 401(k)
- Total Participants: 1,028
- Total Assets: $12.5M
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 | 1,028 | $12.5M | $796,551 | $1.3M |
| 2023 | 873 | $9.6M | $798,360 | $1.4M |
| 2022 | 646 | $5.9M | $602,372 | $1.0M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT | RECORDKEEPER | $28,088 | — | $28,088 |
| HERITAGE PENSION ADVISORS, INC. | CONTRACT ADMINISTRATOR | $26,305 | — | $26,305 |
| CARON & BLETZER,PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER,PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,393
- Estimated Expense Ratio: 0.434% 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 | $54,394 | — | — | — | — |
| 2023 | $40,230 | — | — | — | — |
| 2022 | $33,094 | — | — | — | — |