Plan Snapshot
- Plan Sponsor: Bread Financial Payments, INC.
- Sponsor EIN: 133163498
- Sponsor Address: 3095 LOYALTY CIRCLE, COLUMBUS, OH, 43219
- Plan Type: 401(k)
- Total Participants: 4,992
- Total Assets: $932.1M
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. |
|---|---|---|---|---|
| 2024 | 4,992 | $932.1M | $29.4M | $39.0M |
| 2023 | 6,069 | $823.7M | $29.6M | $36.7M |
| 2022 | 7,094 | $784.0M | $18.0M | $31.7M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $41,851 | — | $41,851 |
| ARY ROEPCKE MULCHAEY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARY ROEPCKE MULCHAEY, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,851
- Estimated Expense Ratio: 0.004% 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 | $41,851 | — | — | — | — |
| 2023 | $549,109 | $144,611 | $400,944 | — | — |
| 2022 | $690,574 | $192,489 | $503,750 | — | — |