Plan Snapshot
- Plan Sponsor: Total Benefit Management, INC.
- Sponsor EIN: 141759683
- Sponsor Address: 333 GLEN STREET, GLENS FALLS, NY, 12801
- Plan Type: 401(k)
- Total Participants: 319
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 319 | $12.0M | $75,891 | $540,645 |
| 2023 | 280 | $10.7M | $68,679 | $629,017 |
| 2022 | 653 | $9.8M | $100,854 | $612,157 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $61,166 | — | $61,166 |
| NATIONWIDE | RECORDKEEPER | $37,514 | — | $37,514 |
| BONADIO & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- NATIONWIDE — RECORDKEEPER
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,680
- Estimated Expense Ratio: 0.824% 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 | $99,775 | — | $99,775 | — | — |
| 2023 | $72,144 | $61,071 | $10,023 | — | — |
| 2022 | $71,877 | — | $68,207 | — | — |