Plan Snapshot
- Plan Sponsor: The Expert Institute
- Sponsor EIN: 273779761
- Sponsor Address: 120 BROADWAY FLOOR 22, SUITE A, NEW YORK, NY, 10271
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $10.7M
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 | 175 | $10.7M | $694,371 | $1.5M |
| 2023 | 185 | $8.7M | $741,552 | $1.5M |
| 2022 | 193 | $6.1M | $653,691 | $1.4M |
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 |
|---|---|---|---|---|
| REILLY, PENNER & BENTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REILLY, PENNER & BENTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $66,168 | $32,781 | — | — | — |
| 2023 | $50,836 | $25,760 | — | — | — |
| 2022 | $37,485 | $17,710 | $19,775 | — | — |