Plan Snapshot
- Plan Sponsor: The New York Racing Association, INC.
- Sponsor EIN: 611559040
- Sponsor Address: P.O. BOX 90, JAMAICA, NY, 114170090
- Plan Type: 401(k)
- Total Participants: 867
- Total Assets: $126.9M
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 | 867 | $126.9M | $1.3M | $6.4M |
| 2023 | 873 | $114.5M | $1.6M | $6.0M |
| 2022 | 894 | $95.2M | $1.4M | $5.7M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $24,982 | — | $24,982 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $16,464 | — | $16,464 |
| CITRIN COOPERMAN & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,446
- Estimated Expense Ratio: 0.033% 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 | $41,446 | $24,982 | $1,200 | — | — |
| 2023 | $37,364 | $23,413 | $1,200 | — | — |
| 2022 | $44,975 | $21,853 | — | — | — |