Plan Snapshot
- Plan Sponsor: Whiteman Osterman & Hanna LLP
- Sponsor EIN: 141564599
- Sponsor Address: ONE COMMERCE PLAZA, ALBANY, NY, 12260
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 252
- Total Assets: $114.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2025 | 252 | $114.2M | $0 | $0 |
| 2024 | 161 | $104.8M | $2.3M | $1.5M |
| 2023 | 158 | $94.1M | $2.2M | $1.5M |
| 2022 | 154 | $77.1M | $2.0M | $1.4M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $45,001 | — | $45,001 |
| GLOBAL RETIREMENT PARTNERS, LLC | Investment Advisor | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,501
- Estimated Expense Ratio: 0.046% 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 |
|---|---|---|---|---|---|
| 2025 | $12,059,643 | $7,583 | — | $14,500 | — |
| 2024 | $56,808 | $13,709 | — | $2,178 | — |
| 2023 | $80,983 | $21,316 | — | $3,750 | — |
| 2022 | $110,672 | $14,775 | — | — | $23,975 |