Plan Snapshot
- Plan Sponsor: The Floating Hospital, INC.
- Sponsor EIN: 131624169
- Sponsor Address: 21-01 41ST AVENUE, LONG ISLAND CITY, NY, 11101
- Plan Type: 403(b)
- Total Participants: 239
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 239 | $11.6M | $436,790 | $862,625 |
| 2023 | 210 | $10.0M | $396,345 | $756,236 |
| 2022 | 202 | $8.1M | $373,161 | $743,248 |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
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 | $33,991 | — | $33,991 | — | — |
| 2023 | $41,323 | — | $41,323 | — | — |
| 2022 | $30,390 | — | $30,390 | — | — |