Plan Snapshot
- Plan Sponsor: Taconic Builders, INC.
- Sponsor EIN: 133423760
- Sponsor Address: 125 SPENCER PLACE, MAMARONECK, NY, 10543
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $11.5M
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 | 125 | $11.5M | $377,784 | $625,571 |
| 2023 | 114 | $9.8M | $370,593 | $494,611 |
| 2022 | 104 | $8.0M | $328,911 | $410,963 |
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 |
|---|---|---|---|---|
| BORIS BENIC & ASSOCIATES LLP | Auditor | $17,230 | — | $17,230 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BORIS BENIC & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,230
- Estimated Expense Ratio: 0.150% 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 | $49,306 | $30,165 | — | $17,230 | — |
| 2023 | $43,849 | $25,287 | — | $16,550 | — |
| 2022 | $38,488 | — | — | — | — |