Retirement plan

THE YALE CLUB OF NEW YORK CITY 401(K) PLAN

Name: THE YALE CLUB OF NEW YORK CITY - THE YALE CLUB OF NEW YORK CITY 401(K) PLAN (2023) Form 5500
Creator: THE YALE CLUB OF NEW YORK CITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE YALE CLUB OF NEW YORK CITY 401(K) PLAN, THE YALE CLUB OF NEW YORK CITY

THE YALE CLUB OF NEW YORK CITYEIN 13-1489775Plan #002PY 2023

50 VANDERBILT AVENUE - NEW YORK, NY 10017212-716-2118yaleclubnyc.orgLinkedIn201-500 employeeshospitality

Other plans on this EIN

2 filings

#001Retirement-$5.4M assets #003Retirement-$4.8M assets

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed September 18, 2025

Plan administrator

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50 Vanderbilt Ave.

New York, NY 10017

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Plans declared (1)

457(f) Deferred Incentive Plan1 emp

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Total assets (EOY)

$11.5M

+24.0% from 2022

Total participants

215

+3.9% from 2022

Average account balance

$96,661

+20.9% from 2022

Annual return

21.00%

+40.34 pp from 2022

Benchmarks

See 1,291 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,291 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.45M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$118K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

114

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$690K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$336

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085	Advisory (Plan)	$18,945
ASCENSUS LLC6 years Service code 15 · EIN 11-3665754	Recordkeeping	$5,702

Plan features & details

Pension benefit codes2E3D2G2J2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$25K

$123 / participant

Investment mgmt$19K76.9%
Contract admin$6K23.1%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CONDON, O'MEARA, MCGINTY AND DONNEL
Auditor EIN: 133628255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,661

$27,800+247.7%

$58,507+65.2%

$71,529+35.1%

Participation rate

52.0%

34.6%+17.4pp

50.9%+1.1pp

67.9%-15.9pp

Annual return

21.00%

26.80%-5.8pp

4252.32%-4231.3pp

28.97%-8.0pp

Employer contribution / active EE

$632-100.0%

$1,053-100.0%

$2,590-100.0%

Participant deferral / active EE

$2,987

$1,208+147.2%

$1,922+55.4%

$4,291-30.4%

Admin fee / account holder

$207

$1,637-87.3%

$2,486-91.7%

$1,588-87.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH RETIREMENT & BENEFIT

Service code 27 · EIN 13-5674085

Advisory (Plan)

$18,945

ASCENSUS LLC6 years

Service code 15 · EIN 11-3665754

Recordkeeping

$5,702

THE YALE CLUB OF NEW YORK CITY 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE YALE CLUB OF NEW YORK CITY 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion