Plan Snapshot
- Plan Sponsor: Westchester Community Opportunity Program INC
- Sponsor EIN: 132547122
- Sponsor Address: 2 WESTCHESTER PLAZA, ELMSFORD, NY, 10523
- Plan Type: DC
- Plan Number: 001
- Total Participants: 232
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 232 | $4.1M | $172,841 | $0 |
| 2022 | 319 | $3.9M | $0 | $0 |
| 2021 | 352 | $5.1M | $0 | $0 |
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 | Recordkeeper | $24,631 | — | $24,631 |
| MORGAN STANLEY | Recordkeeper | — | $8,119 | $8,119 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,750
- Estimated Expense Ratio: 0.807% 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 |
|---|---|---|---|---|---|
| 2023 | $24,631 | — | $24,631 | — | — |
| 2022 | $782,375 | — | $28,975 | — | — |
| 2021 | $774,568 | — | $35,539 | — | — |