New York City Deferred Compensation Plan - Summary of Administrative Revenues and Expenses

The administration of the City of New York Deferred Compensation Plan is entirely self-funded. DCP receives revenue through a combination of participants’ quarterly administrative fees, amounts deducted from the net asset values, and interest earned on assets held in the DCP’s custodial account.

These revenue sources cover custodial and recordkeeping expenses, communications, and administrative expenses. DCP Annual Comprehensive Financial Audit is available on the DCP website at: nyc.gov/site/olr/deferred/dcp-forms-and-downloads.page