Plan Snapshot
- Plan Sponsor: The Adirondack Trust Company
- Sponsor EIN: 140458765
- Sponsor Address: 473 BROADWAY, SARATOGA SPRINGS, NY, 12866
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $77.6M
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 | 268 | $77.6M | $2.0M | $1.2M |
| 2023 | 260 | $71.0M | $2.4M | $1.1M |
| 2022 | 240 | $68.2M | $2.4M | $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 |
|---|---|---|---|---|
| FUTUREPLAN BY ASCENSUS | NONE | $7,373 | — | $7,373 |
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,373
- Estimated Expense Ratio: 0.010% 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 | $7,373 | — | — | — | — |
| 2023 | $6,662 | — | — | — | — |
| 2022 | $7,093 | — | — | — | — |