Plan Snapshot
- Plan Sponsor: Black Diamond Blade Company Dba Cutting Edge Supply Co.
- Sponsor EIN: 953579102
- Sponsor Address: 234 EAST O STREET, COLTON, CA, 92324
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $30.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 167 | $30.4M | $1.2M | $1.0M |
| 2023 | 155 | $27.1M | $350,914 | $982,340 |
| 2022 | 143 | $22.7M | $1.1M | $976,775 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | ADVISOR | $38,000 | — | $38,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $34,452 | — | $34,452 |
| BATES, CAUGHTRY REISS LLP | ACCOUNTANT/AUDITOR | $16,200 | — | $16,200 |
| BRHE GROUP | Auditor | $16,200 | — | $16,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,852
- Estimated Expense Ratio: 0.345% 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 |
|---|---|---|---|---|---|
| 2024 | $88,652 | $38,000 | — | $16,200 | — |
| 2023 | $82,449 | $38,000 | — | $13,605 | — |
| 2022 | $81,093 | — | — | — | — |