Plan Snapshot
- Plan Sponsor: The Osborne Assoc INC
- Sponsor EIN: 135563028
- Sponsor Address: 809 WESTCHESTER AVE, BRONX, NY, 104551704
- Plan Type: 403(b)
- Total Participants: 365
- Total Assets: $7.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 365 | $7.3M | $0 | $644,801 |
| 2023 | 355 | $7.2M | $0 | $715,504 |
| 2022 | 375 | $7.5M | $0 | $761,625 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $10,275 | — | $10,275 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,275
- Estimated Expense Ratio: 0.141% 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 | $10,276 | — | $10,276 | — | — |
| 2023 | $9,926 | — | $9,926 | — | — |
| 2022 | $7,369 | — | $7,369 | — | — |