Plan Snapshot
- Plan Sponsor: The Research Foundation Of State University Of New York
- Sponsor EIN: 141368361
- Sponsor Address: PO BOX 9, ALBANY, NY, 12201
- Plan Type: 403(b)
- Total Participants: 4,724
- Total Assets: $1.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 4,724 | $1.0B | $0 | $23.8M |
| 2023 | 4,290 | $960.5M | $0 | $21.6M |
| 2022 | 4,423 | $878.3M | $0 | $20.5M |
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 |
|---|---|---|---|---|
| TIAA | NONE | $189,481 | — | $189,481 |
| CAPFINANCIAL PARTNERS, LLC | NONE | $117,811 | — | $117,811 |
| THE RSRCH FDN / ST. UNIV OF NY | NONE | $30,664 | — | $30,664 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $337,956
- 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 | $337,956 | $148,475 | $940 | — | — |
| 2023 | $254,328 | $100,338 | — | — | — |
| 2022 | $245,786 | $93,470 | — | — | — |