Plan Snapshot
- Plan Sponsor: The Board Of Trustees
- Sponsor EIN: 134178178
- Sponsor Address: 305 WEST 44TH STREET, NEW YORK, NY, 100365402
- Plan Type: DC
- Total Participants: 26,060
- Total Assets: $813.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 26,060 | $813.1M | $0 | $68.8M |
| 2023 | 26,383 | $718.0M | $0 | $60.3M |
| 2022 | 24,844 | $620.9M | $0 | $52.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $735,870 | — | $735,870 |
| NYHTC - HEALTH CENTER, INC. | RELATED ENTITY | $277,610 | — | $277,610 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $62,500 | — | $62,500 |
| NYHTC - HEALTH BENEFITS FUND | RELATED ENTITY | $57,251 | — | $57,251 |
| ELLENOFF GROSSMAN & SCHOLE LLP | ATTORNEY | $48,000 | — | $48,000 |
| PITTA LLP | ATTORNEY | $35,820 | — | $35,820 |
| MSPC CERTIFIED ACCOUNTS AND ADVISOR | AUDITOR | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- MSPC CERTIFIED ACCOUNTS AND ADVISOR — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,227,051
- Estimated Expense Ratio: 0.151% 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 | $1,274,238 | $62,500 | $735,870 | $10,000 | — |
| 2023 | $1,168,015 | $50,000 | $675,453 | $10,000 | — |
| 2022 | $1,098,818 | — | $691,996 | — | $160,417 |