Plan Snapshot
- Plan Sponsor: Wp Citymd Bidco, LLC
- Sponsor EIN: 821318979
- Sponsor Address: 1345 AVENUE OF THE AMERICAS, NEW YORK, NY, 10105
- Plan Type: 401(k)
- Total Participants: 11,509
- Total Assets: $973.2M
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. |
|---|---|---|---|---|
| 2023 | 11,509 | $973.2M | $32.0M | $74.5M |
| 2022 | 12,247 | $787.8M | $32.9M | $65.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $1,626,890 | — | $1,626,890 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $46,438 | — | $46,438 |
| SHUFRO ROSE AND CO LLC | CONSULTANT | $33,566 | — | $33,566 |
| WEALTH ENHANCEMENT ADVISORY SERVICE | CONSULTANT | $18,332 | — | $18,332 |
| WITHUMSMITH, BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SHUFRO ROSE AND CO LLC — CONSULTANT
- WITHUMSMITH, BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,725,226
- Estimated Expense Ratio: 0.177% 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 | $858,274 | $23,219 | $1,500 | — | — |
| 2022 | $383,359 | $665 | — | — | — |