Plan Snapshot
- Plan Sponsor: The Culinary Institute Of America
- Sponsor EIN: 060653264
- Sponsor Address: 1946 CAMPUS DRIVE, HYDE PARK, NY, 12538
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 1,537
- Total Assets: $253.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,537 | $253.1M | $0 | $0 |
| 2024 | 588 | $231.5M | $3.7M | $4.5M |
| 2023 | 587 | $214.6M | $3.4M | $4.2M |
| 2022 | 617 | $192.7M | $3.0M | $3.8M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $141,985 | — | $141,985 |
| TIAA | Other Service Provider | $88,324 | — | $88,324 |
| RBT CPAS LLP | Other Service Provider | $15,750 | — | $15,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $246,059
- Estimated Expense Ratio: 0.097% 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 |
|---|---|---|---|---|---|
| 2025 | $17,711,506 | $141,985 | $381 | $15,750 | — |
| 2024 | $143,001 | $64,869 | $5,085 | $15,750 | — |
| 2023 | $107,450 | $87,132 | $298 | $15,000 | — |
| 2022 | $108,002 | $84,507 | — | — | $14,500 |