Plan Snapshot
- Plan Sponsor: The Institute For Family Health
- Sponsor EIN: 133273402
- Sponsor Address: 2006 MADISON AVENUE, NEW YORK, NY, 10035
- Plan Type: 401(k)
- Total Participants: 1,348
- Total Assets: $38.9M
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 | 1,348 | $38.9M | $1.6M | $4.8M |
| 2023 | 1,393 | $30.4M | $1.6M | $4.5M |
| 2022 | 1,393 | $21.3M | $1.4M | $4.1M |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | RECORD KEEPER | $191,598 | — | $191,598 |
| WILSHIRE ASSOCIATES | FIDUCIARY | $6,920 | — | $6,920 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $198,518
- Estimated Expense Ratio: 0.510% 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 | $198,518 | $6,920 | — | — | — |
| 2023 | $186,952 | — | — | — | — |
| 2022 | $190,492 | $108,715 | $81,777 | — | — |