Plan Snapshot
- Plan Sponsor: Caastle, INC.
- Sponsor EIN: 453507457
- Sponsor Address: 5 PENN PLAZA, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 70
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 70 | $4.6M | $0 | $0 |
| 2024 | 122 | $10.9M | $0 | $1.5M |
| 2023 | 133 | $9.1M | $159,417 | $1.6M |
| 2022 | 147 | $7.2M | $128,602 | $1.4M |
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 |
|---|---|---|---|---|
| THE BENEFIT PRACTICE | Recordkeeper | $28,636 | $3,946 | $32,582 |
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $26,933 | — | $26,933 |
| HIGHTOWER ADVISORS, LLC | Investment Advisor | — | $26,232 | $26,232 |
| GEORGE L MILLER TRUSTEE | Recordkeeper | $15,000 | — | $15,000 |
| LBMC, PC | Auditor | $14,700 | — | $14,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,447
- Estimated Expense Ratio: 2.502% 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 |
|---|---|---|---|---|---|
| 2025 | $7,574,658 | — | $70,569 | $14,700 | — |
| 2024 | $8,352 | — | $8,352 | — | — |
| 2023 | $7,642 | — | $7,642 | — | — |
| 2022 | $3,198 | — | $3,198 | — | — |