Employers › Israel Discount Bank of New York
Recordkeeping fees per participant · Israel Discount Bank of New York Savings and Investment Plan · plan year 2024
$77.90
Higher than 57% of the 5,847 plans $50 to 250M that report it.
= $68,556 / 880
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014114611NAL0005680514001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014114611NAL0005680514001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$102.77
Higher than 56% of the 8,758 plans $50 to 250M that report it.
= $90,438 / 880
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014114611NAL0005680514001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014114611NAL0005680514001, received 2025-10-14
Administrative expenses per participant
$226.75
Higher than 76% of the 9,042 plans $50 to 250M that report it.
= $199,538 / 880
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014114611NAL0005680514001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014114611NAL0005680514001, received 2025-10-14
Administrative expenses as a share of assets
0.120%
Higher than 45% of the 9,049 plans $50 to 250M that report it.
= $199,538 / $165,619,699
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014114611NAL0005680514001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014114611NAL0005680514001, received 2025-10-14
Employer contributions per participant
$5,944
Higher than 83% of the 9,105 plans $50 to 250M that report it.
= $5,230,349 / 880
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014114611NAL0005680514001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014114611NAL0005680514001, received 2025-10-14
Employer share of total contributions
31.4%
Higher than 56% of the 9,112 plans $50 to 250M that report it.
= $5,230,349 / $16,660,607
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014114611NAL0005680514001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014114611NAL0005680514001, received 2025-10-14
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014114611NAL0005680514001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ISRAEL DISCOUNT BANK OF NEW YORK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Plan name | ISRAEL DISCOUNT BANK OF NEW YORK SAVINGS AND INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Sponsor EIN / plan number | 13-5596781 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Participants, beginning of year | 864 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Active participants | 676 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Participants, end of year | 903 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Participants with an account balance | 880 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total assets, beginning of year | $147,634,931 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total assets, end of year | $165,619,699 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Net assets, end of year | $165,619,699 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total income | $36,174,487 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Net income | $17,984,768 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Employer contributions | $5,230,349 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Participant contributions | $8,717,316 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $2,712,942 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total contributions | $16,660,607 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Benefit payments | $17,977,648 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $18,189,719 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Total administrative expenses | $199,538 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Recordkeeping fees | $68,556 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| IQPA audit fees | $21,882 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Investment advisory and management fees | $109,100 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Administrative expenses excluding investment management | $90,438 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Held in common/collective trusts | $1,189,141 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Held in mutual funds | $150,019,701 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014114611NAL0005680514001, received 2025-10-14 |
| Independent auditor | PRAGER METIS CPAS LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014114611NAL0005680514001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014114611NAL0005680514001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | 26 Investment advisory (participants) | $109,100 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $68,756 | yes |
| PRAGER METIS CPAS LLC | ACCOUNTNAT AUDITO | 10 Accounting (including auditing) | $21,882 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014114611NAL0005680514001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $147,634,931 | $165,619,699 | 12.2% |
| Participants with a balance | 864 | 880 | 1.9% |
| Administrative expenses | $168,704 | $199,538 | 18.3% |
| Recordkeeping fees per participant | $74.00 | $77.90 | 5.3% |
| Employer contributions | $5,172,058 | $5,230,349 | 1.1% |
Prior filing 20241015154020NAL0050238192001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: ISRAEL DISCOUNT BANK OF NEW YORK; SEC registrant: Israel Discount Bank of New York (CIK 1706511, matched by EIN).