# The Research Foundation For Suny 401(k) Plan
Source: https://planprovider.pro/companies/the-research-foundation-for-suny-141368361-515

> The Research Foundation For Suny&#39;s 401(k) plan: 1,943 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Research Foundation For Suny

- **Sponsor EIN:** 141368361

- **Sponsor Address:** PO BOX 9, ALBANY, NY, 12201

- **Plan Type:** 401(k)

- **Plan Number:** 515

- **Total Participants:** 1,943

- **Total Assets:** $329.4M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,943|$329.4M|$6.0M|$1.8M|

| 2023|1,931|$307.2M|$6.0M|$1.7M|

| 2022|1,853|$293.5M|$6.0M|$1.6M|

## 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|

| THE BANK OF NEW YORK MELLON|Other Service Provider|$130,367|—|$130,367|

| ALIGHT|Recordkeeper|$82,350|—|$82,350|

| DELTA DENTAL OF NEW YORK|Other Service Provider|$35,058|—|$35,058|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALIGHT](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $247,775

- **Estimated Expense Ratio:** 0.075% 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|$2,352,539|$2,056,852|$174,027|—|—|

| 2023|$2,005,584|$1,757,007|$203,146|—|—|

| 2022|$2,907,938|$2,753,012|$154,926|—|—|

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